Current News & Events
CVS Pharmacy Completes Acquisition of Rite Aid Assets
CVS is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington. Continue Reading CVS Pharmacy Completes Acquisition of Rite Aid Assets
Report: HUD Lays Off Nearly 500 Employees
The department did not make an official announcement of the layoffs. Continue Reading Report: HUD Lays Off Nearly 500 Employees
Sustainable Real Estate Development: The Future Is Now
Source:Than Merrill --- Sustainable real estate development has carved out its own niche in recent years, and those that have adopted the trend are already reaping the rewards. It’s worth noting, however, that it’s not too late to jump on the bandwagon. In fact, those...
Where the housing market is going in 2022 as told by 7 leading forecast models
Source: Fortune --- A perfect storm. That's the best way to describe the red-hot housing market we've seen from coast-to-coast during the pandemic. It was spurred by a combination of recession-induced low mortgage rates, remote work allowing buyers to sprawl further...
Mortgages for America launches its Homes for Heroes Program!
Source: PR Newswire --- COLUMBUS, Ohio and RICE LAKE, Wis. and SOUTH LAKE TAHOE, Calif., Nov. 30, 2021 /PRNewswire/ -- Mortgages for America, a division of SaveUnited.org dedicated to offering programs that help Americans, has officially launched its Homes for Heroes...
Local Real Estate Agent Charged With First Degree Murder
Source: Sebastian Daily --- A local real estate agent in Sebastian has been charged with first-degree murder following an investigation into the death of a missing Vero Lake Estates man. A relative of Spencer contacted the Indian River County Sheriff’s Office after he...
Millennials locked out of hot real estate markets
Source: Marketplace --- Looks like there’s an acceleration coming in residential real estate. The National Association of Realtors reported on Monday that pending home sales were up 7.5% in October. That’s seen as a leading indicator of home sales that’ll close in 30...
Commercial Real Estate Trends And The Call For Creativity
Source: Forbes --- The ripple effect of the pandemic’s impact on the commercial real estate (CRE) market is going to have a lasting effect on several market sectors. The remote workforce genie isn’t going back in the bottle, and the reliance on e-commerce and advances...
Investors Snap Up Metaverse Real Estate in a Virtual Land Boom
Source: NY Times --- Justin Bieber performed at a live concert this month, but the show wasn’t in a stadium or arena. Like recent performances from Ariana Grande, the Weekend and Travis Scott, this concert was held in the metaverse, the online world that stretches the...
Even in tech hub Shenzhen, China’s property market succumbs to chills
Source: Reuters --- Life used to be good for Jerry Tang, who left his rural hometown in 2014 to become a real estate agent in Shenzhen - China's tech megacity and one of the world's hottest property markets. Just a few years ago Tang could make up to 50,000 yuan...
Pending home sales surge higher in October — will the omicron variant trip up the real-estate market?
Source: Market Watch --- The number of home buyers who signed a contract to purchase a home in October increased markedly, far exceeding economists’ expectations. Pending home sales rose 7.5% in October compared with September, the National Association of...
This leader shares his roadmap to a $1 billion real estate business
Source: Inman --- When Brett Jennings, founder of Real Estate Experts in San Jose, set the goal of reaching $1B in annual sales volume, he didn’t think he’d actually hit it. But he had to list something as a 10-year “big, hairy, audacious goal” for a business planning...
