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Study: Smart Home Market to Reach $734 Billion Value by 2031

Study: Smart Home Market to Reach $734 Billion Value by 2031

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global smart home market is predicted to attain a value of $734.75 billion by 2031, with a compound annual growth rate (CAGR) of 28.02%, according to a new market forecast published by SkyQuest. The security and access control market segments are expected to...
Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

by Phil Hall | Jul 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
Thompson Thrift Announces New Multifamily Community for Florida

Thompson Thrift Announces New Multifamily Community for Florida

by Phil Hall | Jul 8, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The multifamily developer Thompson Thrift announced its latest development will be Terrassa, a Class A community in St. Augustine, Florida. Terrassa is part of the redevelopment of the former St. Augustine Outlets property off I-95 and will provide 324 one-, two- and...
Canada Seeks Design Services for Housing Design Catalogue

Canada Seeks Design Services for Housing Design Catalogue

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has announced a formal Request for Proposals (RFP) for the Housing Design Catalogue, with the goal of seeking design services for the development of low-rise housing. The first iteration of the Catalogue is slated to begin later this year and...
Sleeping Woman Awakes to Find Real Estate Agent in Her Home

Sleeping Woman Awakes to Find Real Estate Agent in Her Home

by Phil Hall | Jul 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An Australian woman was awarded $1,500 in damages after a real estate agent came into her home while she was sleeping. According to News.com.au, the woman and her husband had leased the Canberra unit for the last five years. The agent arrived for a scheduled...
Realtor.com Parent Company Sues CoStar, Alleging Theft of Trade Secrets

Realtor.com Parent Company Sues CoStar, Alleging Theft of Trade Secrets

by Phil Hall | Jul 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate data provider CoStar Group (NASDAQ:CSGP) is being sued by Move Inc., the News Corp (NASDAQ:NWSA) subsidiary that operates Realtor.com, for hiring a Realtor.com employee who allegedly brought along his former employer’s trade secrets....
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