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DOJ: Warren Buffett’s company discriminated against Black homebuyers in Philly, NJ, Delaware

DOJ: Warren Buffett’s company discriminated against Black homebuyers in Philly, NJ, Delaware

by Third Party | Aug 27, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: The Philadelphia Inquirer —  NEW YORK — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s company discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of...
Best Real Estate Stocks to Buy in 2022

Best Real Estate Stocks to Buy in 2022

by Third Party | Aug 27, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Best Stocks —  Real estate is a stable, long-term investment. The sector is also fragmented, making it an ideal place to find smaller stocks that can offer high returns. The broad commercial real estate market offers opportunities in almost every...
Big chill: US homebuying cooldown is intensifying

Big chill: US homebuying cooldown is intensifying

by Third Party | Aug 27, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: The Orange County Register —  The nation’s homebuying slowdown is intensifying. The National Association of Realtors’ index of contract signings to purchase previously owned homes decreased 1% from a month earlier to 89.8. That followed a nearly 9%...
The industries most at risk of a new economic downturn

The industries most at risk of a new economic downturn

by Third Party | Aug 26, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Washington Examiner —  For months, economists, academics, and elected officials have argued about whether the United States is in a recession. The “yes” camp points to negative gross domestic product growth in the first two quarters of 2022,...
Real estate tech startup Reali to shut down after raising $100M one year ago

Real estate tech startup Reali to shut down after raising $100M one year ago

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

Source: Tech Crunch —  Startups that are catering to homebuyers are struggling as interest rates and inflation have climbed and inventory shortages continue in many markets.  The latest casualty in the space is Reali, which announced that it has begun a...
STUDY: MORE U.S. HOUSING MARKETS AT OR NEAR PRICING PEAKS

STUDY: MORE U.S. HOUSING MARKETS AT OR NEAR PRICING PEAKS

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

Source: Florida Atlantic University —  Home prices appear to have peaked in a growing number of U.S. markets, according to a July analysis by researchers at Florida Atlantic University and Florida International University. FAU’s Ken H. Johnson, Ph.D., and...
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