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Price Growth in International Cities Set to Slow, but Trophy Properties Will Help Protect Prime Markets

Price Growth in International Cities Set to Slow, but Trophy Properties Will Help Protect Prime Markets

by Third Party | Jan 21, 2023 | Industry Updates, Real Estate News

Source: Mansion Global —  Although international luxury real estate markets are set to take a hit in 2023, the lack of available blue-chip properties will help keep prime prices afloat, according to Savills. Indeed, high-end residential real estate is expected...
How will the recession impact commercial real estate?

How will the recession impact commercial real estate?

by Third Party | Jan 21, 2023 | Commercial Real Estate News, Industry Updates

Source: MPA Mag —  High interest rates and a potential recession will make this year a challenging one for commercial real estate, an industry pundit said. Richard Barkham, global chief economist for CBRE, predicts a recession for next year that will only...
Challenges Faced by Black Real Estate Agents

Challenges Faced by Black Real Estate Agents

by Third Party | Jan 21, 2023 | Industry Updates, Real Estate News

Source: WNYC —  Brian Lehrer: It’s Brian Lehrer Show on WNYC. Good morning again everyone. Anyone read The New York Times article from the other day called Selling Houses While Black? We’re going to have the writer, Colette Coleman, on. Housing...
Some BIG Changes to Mortgage Costs Were Just Announced

Some BIG Changes to Mortgage Costs Were Just Announced

by Third Party | Jan 21, 2023 | Industry Updates, Mortgage Information

Source: Mortgage News Daily —  In a single moment, the fees for a vast majority of new mortgages in the US have changed.  In some cases, the changes are drastic, both for better and worse.  Let’s break it down. What do you mean by...
First-time homebuyers are pretty much screwed in 2023

First-time homebuyers are pretty much screwed in 2023

by Third Party | Jan 20, 2023 | Industry Updates, Mortgage Information

Source: Insider —  First-time homebuyers just can’t catch a break. The massive government stimulus issued during the early stages of the pandemic combined with rock-bottom mortgage rates led to one of the most dramatic home-buying frenzies in US history....
Investors Seek to Pull $20 Billion From Core Real Estate Funds

Investors Seek to Pull $20 Billion From Core Real Estate Funds

by Third Party | Jan 20, 2023 | Industry Updates, News/Current Events

Source: Advisor Perspectives —  Some of the biggest investors in US commercial real estate are looking to cash in before property values slide further. A group of property funds for institutional investors ended last year with $20 billion in withdrawal requests,...
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