The latest BMO Real Financial Progress Index is predicting this year will not have a Summer of Love when it comes to homebuying. The new index report polled 2,500 American adults and found only 6% of respondents who are planning a home purchase in the near future will...
Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
loanDepot, Inc. (NYSE: LDI) has announced organizational changes within its leadership ranks. David Hayes has been appointed chief financial officer, effective June 26, and will be based out of the company’s headquarters in Irvine, California. He joins loanDepot from...
The retail sector is dealing with a significant loss of consumer confidence, as a new survey from the National Retail Federation (NRF) found more than half (53%) of Americans stating retail crimes such as shoplifting and looting stores have increased in their...
Airbnb Inc. (NASDAQ:ABNB) is suing New York City over a 2022 law that the company said creates an unofficial ban on short-term rentals in the city. The law requires owners of properties seeking to engage in short-term rental to register with the mayor’s office and to...
The world’s richest man talks about real estate, a tenant pulls a fast one on his trusting landlord and a historic theater gets a new lease on life. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Mr. Musk Weighs...
Hits and Misses for the Real Estate Week of Aug. 24-28
