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Unlimited Sand and Money Still Won’t Save the Hamptons

Unlimited Sand and Money Still Won’t Save the Hamptons

by Third Party | Oct 30, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Bloomberg —  If you happened to be in Montauk, N.Y., when the trucks started rolling in this summer, you’d get a sense of how much sand $171,000 buys. Load after load tumbled onto Ditch Plains Beach, one of the Atlantic Coast’s better surfing spots,...
WeWork gets $150 million investment from real estate services firm Cushman & Wakefield

WeWork gets $150 million investment from real estate services firm Cushman & Wakefield

by Third Party | Oct 30, 2021 | Industry Updates, News/Current Events

Source: KFGO —  Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchange following a merger with a blank-check company. The...
In wake of 2020 ‘feeding frenzy,’ Utah home sales slow in what may be the ‘calm before a potential storm’

In wake of 2020 ‘feeding frenzy,’ Utah home sales slow in what may be the ‘calm before a potential storm’

by Third Party | Oct 30, 2021 | Industry Updates, Real Estate News

Source: KSL—  The latest housing data shows the median-priced home in Utah’s most populated county increased to $550,000 in the third quarter of 2021. That’s a new high — and a 28% jump from the median price of $430,000 in the same time period from...
REAL ESTATE Mortgage rates rise to an 8-month high, tanking refinance demand

REAL ESTATE Mortgage rates rise to an 8-month high, tanking refinance demand

by Third Party | Oct 29, 2021 | Industry Updates, Mortgage Information

Source: CNBC —  Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association. That caused mixed demand for mortgages last week, resulting in no change from the week...
Commentary: Still Sorting Out the Impact of Pandemic on Real Estate and Downtowns

Commentary: Still Sorting Out the Impact of Pandemic on Real Estate and Downtowns

by Third Party | Oct 29, 2021 | Industry Updates, News/Current Events

Source: Davis Vanguard —  One of the things we are watching are emerging trends during the pandemic that are likely to impact the overall landscape—particularly as it impacts Davis’ housing market as well as its potential tech market. In general, I think we...
Amid white hot market, real estate licensing on the rise in Nevada

Amid white hot market, real estate licensing on the rise in Nevada

by Third Party | Oct 29, 2021 | Industry Updates, Real Estate News

Source: Northern Nevada Business Weekly —  Northern Nevada’s white-hot real estate market has led to an uptick in people getting their contractors and real estate licenses. It’s a stark turn from a decade ago, when the real estate and construction industries...
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