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Here are the N.J. towns where the housing market may be cooling the most

Here are the N.J. towns where the housing market may be cooling the most

by Third Party | Oct 27, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: NJ.com —  The housing market is cooling. Interest rates have risen 4 percentage points since August 2021 when they were 2.7%. Inflation is at about 8.3%, making everything from groceries to gasoline more expensive. And home prices have risen 28% in the...
The US Housing Market was once hot as lava. Is it grinding to a halt?

The US Housing Market was once hot as lava. Is it grinding to a halt?

by Third Party | Oct 27, 2022 | Industry Updates, U.S. Housing Market

Source: USA Today —  What once seemed like it was as hot as lava, the U.S. housing market now seems to be cooling down pretty quickly. But why? There seems to be enough people looking to buy homes right now with Millennials making up 43% of homebuyers, up 5%...
‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates

‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates

by Third Party | Oct 26, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: MSN —  U.S. mortgage rates crept up once again this week as demand for home loans tumbled, according to a pair of widely followed reports. Buyers and sellers are increasingly on edge as the average 30-year fixed mortgage rate — now more than double what...
Calgary experiencing record demand for multi-family living

Calgary experiencing record demand for multi-family living

by Third Party | Oct 26, 2022 | Industry Updates, Real Estate News

Source: Calgary Herald —  Last month, Calgary saw 450 sales for condominium apartments, up 23 per cent from September last year. It was an all-time high for the month, eclipsing the previous record set in 2014 with 432 sales. Row also set a record last month...
Home prices are finally falling. But how low will they go?

Home prices are finally falling. But how low will they go?

by Third Party | Oct 25, 2022 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Source: CNN —  The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. But what homebuyers and homeowners alike want to know is: How much lower will...
TISHMAN SPEYER EARNS SIX 5-STAR RATINGS FROM THE GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK (GRESB)

TISHMAN SPEYER EARNS SIX 5-STAR RATINGS FROM THE GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK (GRESB)

by Third Party | Oct 25, 2022 | Industry Updates, Real Estate News

Source: PR Newswire—  Tishman Speyer’s best-ever year in GRESB ratings reflects its deep commitment to ESG integration and exceptional performance NEW YORK, Oct. 21, 2022 /PRNewswire/ — Tishman Speyer today announced that six of its submissions to...
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