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With house prices through the roof, young buyers’ hopes go out the window

With house prices through the roof, young buyers’ hopes go out the window

by Third Party | Jul 9, 2021 | Industry Updates, News/Current Events, Real Estate News

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%...
Sublease or buyout? Each scenario is messy for tenants

Sublease or buyout? Each scenario is messy for tenants

by Third Party | Jul 8, 2021 | News/Current Events, Real Estate Agent Tools, Real Estate News

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...
What Problem? Canadian Boomers Love This Real Estate Market: Royal LePage

What Problem? Canadian Boomers Love This Real Estate Market: Royal LePage

by Third Party | Jul 8, 2021 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

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...
Demand for Life Sciences Lab Space Heats Up in 2021

Demand for Life Sciences Lab Space Heats Up in 2021

by Third Party | Jul 7, 2021 | Industry Updates, News/Current Events, Real Estate News

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...
The housing affordability crisis is likely worse than you think

The housing affordability crisis is likely worse than you think

by Third Party | Jul 7, 2021 | Industry Updates, News/Current Events, Real Estate News

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...
Adirondack housing crisis is pricing out local families, workers

Adirondack housing crisis is pricing out local families, workers

by Third Party | Jul 6, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Adirondack Daily Enterprise —  The pandemic spurred the sale of second homes and the short-term vacation rental market is booming, leaving locals and seasonal workers with few affordable options and forcing some to leave town. Rick Kipp and his wife...
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