Cardone Capital, the real estate investment firm led by high-profile investor Grant Cardone, announced the all-cash acquisition of The Edge at Flagler Village, a luxury 331-unit multifamily property in Fort Lauderdale. The financial aspects of the transaction were not...
Pending home sales inched up by 0.6% in August, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, increased to 70.6 in August; an index of...
This week’s edition for Tech Trends highlights four new tools designed to help current and prospective property owners. Keeping the Title Safe. Iris Powered by Generali, a provider of a proprietary identity and cyber protection platform, has unveiled Total Title...
The national median payment applied for by purchase applicants dropped from $2,140 in July to $2,057 in August, a 3.9% tumble, according to new data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, the median payment was down by $113, a...
Asking rents for newly constructed apartments fell to $1,746 in the second quarter, according to new data from Redfin (NASDAQ: RDFN). This is a 6.2% decline from one year earlier – as well as the second consecutive quarter for declines, the second-steepest drop in...
Median-priced single-family homes and condos remained less affordable during the third quarter compared to historical averages in 99% of counties around the nation, according to a new data report from ATTOM. The national median price for single-family homes and condos...
Hits and Misses for the Real Estate Week of May 11-15
