Current News & Events
The Safest US City for 2025 Is…
At the bottom of the list was New Orleans as the least safest city in the nation. Continue Reading The Safest US City for 2025 Is…
Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
Red-Hot Housing Market Fuels Mortgage Borrowing Record
Source: The Wall Street Journal --- Americans borrowed more than ever to buy homes in 2021. Mortgage lenders issued $1.61 trillion in purchase loans in 2021, according to estimates by the Mortgage Bankers Association. That is up slightly from $1.48 trillion in 2020...
New York company makes City’s largest real estate purchase
Source: Santa Monica Daily Press --- The largest real estate deal in the city’s history closed this week with the sale of eight properties to New York based real estate company Tishman Speyer. According to a statement from brokerage Walker & Dunlop, Tishman’s...
Former San Diego real estate agent sentenced to prison for fraud scheme
Source: ABC 10 News San Diego--- SAN DIEGO (CNS) - A former San Diego real estate agent was sentenced Monday to more than five years in prison for orchestrating a fraud scheme that bilked investors out of millions of dollars. Alexander Avergoon, who was also ordered...
From A Perfect Storm To Hitting Its Stride: What 2022’s Buyers Can Expect In New York City’s Real Estate Market
Source: Forbes --- This past year was remarkable for its deal volume, but below the surface, several trends emerged which may be instructional heading into the new year. From a growing divide of luxury coops and condos, to townhouses finding a bid, to New York City...
2022 housing trends: The real estate frenzy is expected to ease
Source: MSN --- The real estate market has been nothing short of a wild ride for both buyers and sellers since the start of the coronavirus pandemic. Record price appreciation, rock-bottom mortgage rates and cutthroat competition among buyers have prevailed for the...
HPD Announces Plans For 100% Affordable Development In Brooklyn
Source: Real Estate Weekly --- The New York City Department of Housing Preservation and Development (HPD) today announced the development partners and plans for Site 1 of the Bedford-Stuyvesant Community Wealth and Wellness RFP. Almat Urban and the Bedford-Stuyvesant...
A Record-Breaking Year For Southern California Luxury Real Estate Sets The Stage For 2022
Source: Forbes--- From San Diego to Santa Barbara, 2021 was a record-breaking year for luxury real estate setting the stage for 2022. Sales activity reached historic levels in 2021 as did prices throughout Southern California. Here’s a look at what’s ahead in some of...
Real estate trends to follow in 2022
Source: York News Times --- Rent-to-own platform ZeroDown compiled a list of 10 real estate trends to follow in 2022 using information from real estate agents, forecast models, brokers, and other real estate experts.
These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse
Source: Markets Insider --- Virtual real estate, or land in the metaverse, sold in the form of non-fungible tokens is growing in popularity. You can't physically visit these properties, but the allure of this investment lies in these assets being backed by...
This Generation Is Spending the Most of Its Income on Housing
Source: The Ascent --- It's not unusual for housing to be a person’s largest monthly expense. Often, owning a home is a far more expensive prospect than renting one. That's because homeowners have to cover costs outside of their mortgage payments, like property taxes,...
