Current News & Events
Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
NYC Median Rent Up 5.4% from Last Year
Smaller apartments recorded the greatest rent gains with a 6.0% year-over-year spike to $3,581, Continue Reading NYC Median Rent Up 5.4% from Last Year
Here’s Where Home Prices Are Headed in 2022, According To Experts
Source: Yahoo--- No doubt about it — the real estate market has been white hot in 2021. But if you didn’t make a move this year, and you’re thinking about buying or selling — or both — next year, you’ll want to know what to expect. As of Nov. 10, the 30-year fixed...
Why Austin, TX, Commercial Real Estate Has The Attention Of Institutional Investors
Source: Forbes --- After nearly a year and a half of living with Covid-19, many households have gone through long-term lifestyle changes, such as career reorientation and cross-country moves. New opportunities brought out by the pandemic, especially the sudden...
The Ultimate Seller’s Market: 10 Housing Records Set in 2021
Source: Redfin--- 2021’s housing market has been, in a word, remarkable. The coronavirus pandemic and the resulting surge in remote work have changed where, when, why and how people buy homes. This past year, home-sale prices hit the highest median of all time, the...
Savannah pet rescue receives a real ‘treat’ from real estate Santa party
Source: Fox 28--- SAVANNAH, Ga. (WTGS) — Savannah’s real estate agents came together with their dogs for an annual Christmas party and Santa Photo opp. This year, they invited a few extra pups from Coastal Pet Rescue to accept a donation on behalf of the rescue. Dicky...
Commercial real estate faces increasingly steep costs from flood damage for the foreseeable future, study says
Source: CNBC --- The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study says. Approximately 730,000 retail, office and multi-unit residential properties face an...
Can An Accountant Improve Cash Flow In Commercial Real Estate? You Bet Your Asset They Can
Source: Forbes --- You learn two things very quickly when you join a commercial real estate organization as an accountant. One, the glory belongs to the deal-makers. Two, nobody but another accountant cares about your elegant GAAP accounting skills. The driving...
Poor neighborhoods are hotter than rich ones — especially during heat waves
Source: CNBC --- Poorer neighborhoods are hotter than wealthier ones. That’s the overriding finding from the New York City component of a national project to map urban heat islands. Scientists have long known that urban areas generate heat, but until now they’ve not...
Supportive Housing Can and Should Honor Human Value
Source: Metropolis Mag --- In the face of a global pandemic, widening wealth inequality, inadequate housing supply, and systemic racism, urban communities are increasingly struggling to find impactful solutions to addressing homelessness. Even with the best of...
It’s no Hogwarts, but this Harry Potter actor’s real estate portfolio might be just as grand
Source: WRIC --- (STACKER) — Famous actors seem to have it all—looks, wealth, talent, and prime real estate in beautiful locations around the world. Their homes feature every amenity and luxury. For some actors, though, real estate is about more than an enviable...
Two Reasons Why Waiting To Buy a Home Will Cost You
Source: Keeping Current Matters --- If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase...
