Source: Politico — President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis....
Source: The Guardian — House prices are soaring and gazumping has returned in property hotspots. The average cost of a home jumped by 13.4% in June from the same month last year, according to Nationwide building society. This is more than four times the 3%...
Source: Daily Bulletin — Situations change rapidly in California’s business climate. What happens when a business needs to pivot, quickly? Recently, I wrote of the ways in which you can extract yourself or your company from a lease obligation. Read...
Source: Better Dwelling — Soaring home prices may be a pain for some generations, but not for Boomers. Royal LePage released the results of its 2021 Boomer Survey. The survey found the majority are homeowners, with many having most of their net worth in real...
Source: The World Property Journal — According to a new report from CBRE, life-science lab space in the U.S. has emerged as a coveted sector of commercial real estate as hefty increases in funding and employment have fueled both demand for lab space and...
Source: Stuff— A few years ago, an essay in the New Yorker began with this ominous opening line: “It is, I promise, worse than you think.” That story was about climate change, but the same sentiment applies to Aotearoa New Zealand’s housing market. Anyone...
Hits and Misses for the Real Estate Week of Aug. 3-7
