Current News & Events
Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
More than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their retirement readiness. Continue Reading Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
Most expensive home in America lists for $295 million, may head to auction
Source: CNBC --- A 105,000-square-foot megamansion, known as “The One,” in the Bel Air section of Los Angeles listed Friday for $295 million, making it the most expensive listing in America. The property, which has been a decade in the making, would be the most...
Communities around U.S. saw significant real estate price increases last month
Source: Manistee News Advocate --- Homes across the country are seeing listing price increases as we ride into the new year. The nation saw an increase of 10% in listing prices for the last month of 2021. This was an increase from the 8.6% rate in November, according...
‘The Prepared Agent’ workshop teaches real estate agents how to stay safe on the job
Source: Wavy.com --- VIRGINIA BEACH, Va. (WAVY) — It’s been almost three months since a local real estate agent was killed on the job in Portsmouth. The tragedy motivated two local experts to take action. Now, they’re on a mission to keep other agents safe. Their new...
Should you rent or buy a home? Prices are surging in both cases, which makes it complicated
Source: CNBC --- Home prices are rising faster than rents, which is shrinking the affordability gap between being a homeowner and a tenant. Median-priced, single-family homes are less affordable in just over three quarters of the nation — the highest total in 13...
December caps record year for Oʻahu real estate. Home prices expected to rise in 2022
Source: Hawaii Public Radio --- For a sixth consecutive month, the median price for a single-family home on Oʻahu was more than a million dollars, according to a new report from local real estate firm Locations Hawaiʻi. Last month, the median price for a single-family...
How to get in on the real estate boom without actually buying a house
Source: CNN Business --- For many people, buying a home just wasn't in the cards this year. There were too few homes for sale that were too expensive to buy. Indeed, home prices have been on a tear, with third quarter home prices up more than 18% from a year earlier,...
Housing Market Update: Homebuyers Face Record Supply Shortage Heading into 2022
Source: Redfin --- The housing market started off the new year with fewer homes for sale than ever before, as active listings fell 27% from a year earlier. The number of newly-listed homes for sale fell 10%, but anecdotes from Redfin agents suggest that listings may...
Investing in Physical vs. Virtual Real Estate: 9 Key Differences
Source: The Motley Fool --- There's a lot about real estate in the metaverse that can be equated almost directly to that in the real world, especially when it comes to physical characteristics like immobility and uniqueness and economic characteristics like scarcity...
Planning a Real Estate Play In 2022? Farmland May Be Your Best Long-Term Bet
Source: MoneyWise --- If you’re a commercial real estate investor, you’re already familiar with the sector’s appeal: Steady income, relatively low maintenance and long-term leases that cut down on the risk of vacancies. But you also know that now is not necessarily an...
Real estate market in 2022 will ‘remain very strong,’ expert says
Source: Fox Business --- Compass Executive Vice President Mike Aubrey argued on Wednesday that 2022 will still experience a "really good real estate market," but acknowledged that the "frenzy of 2021" likely won't happen again. Aubrey stressed, however, that the...
