After today’s announcement by the Federal Reserve that it is pausing its strategy of raising interest rates, one of the nation’s most prominent housing economists has called on the central bank to back off from future hikes. Lawrence Yun, the chief...
A district court judge has granted permission for an office property owner to evict Elon Musk’s Twitter Inc., from its space in a Boulder, Colorado-based complex. According to a BizWest.com report, The John Buck Co. and Lot 2 SBO LLC, co-owners of the S’Park...
The Israeli housing market has hit a major pothole, with home sales down 55% year-over-year in April. According to a Times of Israel analysis of Israeli Finance Ministry data, April’s home sales volume is the lowest level for the month in 21 years (not counting the...
More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
Propertymate, an Austin-based proptech startup that helps homebuyers to search, compare, and buy newly constructed homes, has raised $5.5 million in seed funding. According to the company, the new infusion of funds will enable it to rebrand as NewHomesMate and expand...
JLL (NYSE: JLL) has introduced decarbonization consulting services and purpose-built technology designed for the commercial real estate industry. According to the Chicago-headquartered company, the new Decarbonization Strategy is designed to provide corporate real...
Hits and Misses for the Real Estate Week of Aug. 24-28
