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New York real estate company expands industrial footprint in Wilmington

New York real estate company expands industrial footprint in Wilmington

by Third Party | Aug 1, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Port City Daily —  WILMINGTON — A family-run real estate acquisition company found recent success in the Cape Fear market. Treeline announced its first signed lease at an industrial park it bought last month. Located on U.S. Highway 421, it joins...
Real Estate newsletter: Luxury finds a new extreme

Real Estate newsletter: Luxury finds a new extreme

by Third Party | Aug 1, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: LA Times —  Welcome back to the Real Estate newsletter. It’s been a relatively quiet summer on the luxury front, but this week, we finally saw the extremes that the Southern California market is capable of. First, we stopped by a dinner party in West...
Las Vegas’ housing market cooling faster than others

Las Vegas’ housing market cooling faster than others

by Third Party | Jul 31, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Review Journal —  In more ways than one, Las Vegas’ housing market is getting doused with cold water. People are buying fewer homes, sellers are slashing their prices, and availability is soaring. Southern Nevada is far from alone in seeing its...
Redfin: These housing markets are the most at risk of falling home prices

Redfin: These housing markets are the most at risk of falling home prices

by Third Party | Jul 31, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Fortune —  Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is simply unattainable for tens of millions of would-be buyers. As...
A profitable tax loophole for real estate could be axed in Manchin’s new deal to ease inflation

A profitable tax loophole for real estate could be axed in Manchin’s new deal to ease inflation

by Third Party | Jul 31, 2022 | Industry Updates, News/Current Events

Source: Business Insider —  A surprise spending deal by Democrats might lead to heftier tax bills for some ultra-wealthy real estate investors. On Wednesday night, key centrist Democrat Senator Joe Manchin released a statement that reverberated throughout the...
Putting the real estate market into perspective

Putting the real estate market into perspective

by Third Party | Jul 30, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Toronto Sun —  In so many ways, we rely on the media to provide us with information about housing markets in this hectic world. Readers and viewers, however, should look at the big picture and put news in perspective. We hear a lot about rising interest...
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