Current News & Events
Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
These 8 Trends Will Dominate Real Estate in 2022. Here’s How to Make Sense of Them
Source: Apartment Therapy --- The 2021 real estate market was like a high-speed rollercoaster ride for buyers — one full of twists, turns, and upside-down loops. While the wild ride isn’t over just yet (sellers still have an advantage going into 2022), the market...
Metaverse Real Estate Could Be the Next Big Thing in 2022: Is NFT Land a Good Investment?
Source: iTechPost --- Real estate has been a lucrative, booming business depending on how the economy runs. But what if you turned the trade into the metaverse, does it stay that rewarding, viable or even reasonable? Believe it or not, a metaverse real estate is...
8 STAGING SECRETS FROM A TOP REAL ESTATE PROFESSIONAL
Source: RISMedia--- Sell faster. And for more money. This is what every home seller (and agent) wants. And according to the Real Estate Staging Association, staged homes sell 73% faster with an average 297% return on investment. With so many differing opinions on home...
2022 Forecast: In a hot real estate market, multi-family homes have a new niche
Source: Mainebiz --- Multi-family home values in southern Maine had what Brit Vitalius of Portland-based Vitalius Real Estate calls “a wild ride” in 2021. In many towns in southern Maine, prices spiked 14% to 40% and volume was up more than 50%. There were a couple...
Real estate crash in 2022 – how likely is it?
Source: MPA--- With skyrocketing home values showing no signs of letting up, some are already predicting a real estate crash this year, albeit many are hedging their bets in presenting headlines in the form of a question. “Will the Housing Market Finally Crash in...
The Scale Has Tipped: Is Manhattan Real Estate Overbought?
Source: Forbes --- Last year was one for the record books for the Manhattan real estate market, and the surge in deal volume during 2021 was primarily due to pent-up demand. The fear of missing out increased the number of expected buyers when the market reopened in...
Affordability Alert! Here Are the Top 10 Towns Where First-Time Buyers Can Finally Snag a Home in 2022
Source: Realtor.com --- Since the COVID-19 pandemic began, the American dream of homeownership has felt more and more out of reach for many first-time buyers experiencing sticker shock over the high—and still rising—prices. Many believe they have better odds at...
12% of First-Time Homebuyers Say Selling Crypto Helped Save for Down Payment, Up From 5% in 2019
Source: Redfin--- One in nine first-time homebuyers (11.6%) surveyed in the fourth quarter said selling cryptocurrency helped them save for a down payment. That’s up from 8.8% in the third quarter of 2020 and 4.6% in the third quarter of 2019. This is according to a...
Domestic Sawmill Output Continues to Lag Home Construction
Source: NAHB Now --- With an historically low level of overall housing inventory and solid demand because of low mortgage interest rates and favorable demographics, new construction has been unable to add needed supply to the market because domestic production from...
D.C. commercial real estate’s 2022 outlook
Source: Axios Washington D.C. --- Commercial real estate hasn’t gotten the same red-hot momentum as residential during the pandemic, but industry experts are optimistic about 2022 overall, specifically the second half of the year. The big picture: Office buildings are...
