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Six new imperatives for real estate players

Six new imperatives for real estate players

by Third Party | Mar 9, 2023 | News/Current Events, Real Estate News

Source: McKinsey & Company —  Higher inflation, higher interest rates, and other challenges mean that the real estate industry needs new paths to success.   ‘If you build it, they will come.’ For decades, that’s been as true for well-located office, retail,...
Foreclosure Activity Down in February, but Up Annually

Foreclosure Activity Down in February, but Up Annually

by Rick Grant | Mar 8, 2023 | Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

There were a total of 30,528 U.S. properties with foreclosure filings in February, that’s down 3% from a month ago and up 18% from a year ago, according to the February 2023 U.S. Foreclosure Market Report from ATTOM. Filings included default notices, scheduled...
Metro Atlanta housing market remains elevated, despite tighter inventory

Metro Atlanta housing market remains elevated, despite tighter inventory

by Third Party | Mar 8, 2023 | Real Estate News, U.S. Housing Market

Source: WSB-TV —  ATLANTA — New numbers show January got an unexpected 8% increase in homes going under contract. Buyers were jumping on mortgage rates that dropped. But, Channel 2′s Justin Farmer learned in the metro Atlanta area, home prices remain elevated...
Last year’s homebuyers watch for fleeting chance to refinance

Last year’s homebuyers watch for fleeting chance to refinance

by Third Party | Mar 8, 2023 | News/Current Events, Real Estate News

Source: Yahoo! News —  A few weeks ago, Sean Dycus thought he spied the window to snatch a lower mortgage rate than the 8% he got saddled with in December when he bought an investment home in South Carolina for $450,000. “I got an offer that would lower my rate...
Guest Essay: Sally Mabadi on real estate, property values and the new Ryan Field

Guest Essay: Sally Mabadi on real estate, property values and the new Ryan Field

by Third Party | Mar 8, 2023 | Real Estate News, U.S. Housing Market

Source: Evanston Round Table —  Author’s note: This article addresses one topic that has been raised about the new Ryan Field; it is not designed to address all of the open issues that need to be resolved between the city and Northwestern University. The author...
A new movement is creating ways for low-income people to invest in real estate

A new movement is creating ways for low-income people to invest in real estate

by Third Party | Mar 8, 2023 | News/Current Events, Real Estate News

Source: NPR —  Low income people are often shut out the main way wealth is built in the U.S.: Real estate. But a new movement is creating ways for poorer people to invest in their own communities. AYESHA RASCOE, HOST: When you look at, say, a local shopping...
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