Current News & Events
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. Continue Reading Hits and Misses for the Real Estate Week of Oct. 6-10
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The Market for Single-Family Rentals Grows as Homeownership Wanes
Source: New York Times--- The lawns are manicured. The swimming pools sparkle in the sun. And the homes, all of them turnkey and smelling of fresh paint, are lined up in tidy rows, an army of cookie-cutter porches standing at attention. Covid-19 inflamed the real...
Psychoanalyzing the Housing Frenzy With Redfin’s CEO
Source: Curbed --- In the first week of April 2020, Glenn Kelman made a bad decision that was still on his mind 15 months later, because, he told me, “I get paid a lot of money to make good decisions.” Like so many bad decisions, this one seemed at first like a good...
Consumer protection alerts New Yorkers of real estate and rental scams
Source: The Record --- NEW YORK — The New York State Department of State and the Division of Consumer Protection recently alerted consumers about real estate and rental scams, in which scammers work to steal prospective tenants’ money when they are looking to rent a...
15 Real Estate Insiders Share Their Tips For Buying Your First Investment Property
Source: Forbes --- Buying an investment property is a great way to earn extra income and build long-term wealth. However, there are many considerations that go into buying your first investment property, especially in the current real estate market. Because investment...
Why This New Hampshire City Is the Nation’s Hottest Market for Real Estate, September 2021
Source: Realtor.com --- A midsize city in New Hampshire that’s not on the radars of most real estate aficionados was named the nation’s hottest housing market for the 10th time since the COVID-19 pandemic began. And there’s one big reason why. Manchester, NH, about an...
How To Break Into The Luxury Real Estate Market
Source: Pursuitist --- The luxury real estate market can seem inaccessible. However, you do not necessarily need to be an elite class of worker to immerge on the scene. Success only comes here if you have a precise strategy in place. You need to adopt many measures...
My Real Estate Secret Weapon Didn’t Work. Or Did It?
Source: The New York Times Magazine --- Buyers’ letters are controversial — and not necessarily very effective. But when you keep losing bidding wars, it helps to at least name the future you want. Flagstaff, Ariz., has become a hard town to buy a home in — it’s one...
5 Properties that Prove Fractional Ownership Is Real Estate’s Hidden Gem
Source: Architectural Digest --- Fractional ownership—also referred to as joining a private residence club—is one of the most misunderstood and unknown sectors of the real estate market, according to Steve Dering, the founder of Elite Alliance, a company that consults...
September real estate market stays strong, but inventory depleted
Source: Wicked Local --- The median sales price last month for a house on the Cape was $625,500 for single-family homes and $400,000 for condominiums, according to preliminary data released this week by the Cape Cod & Islands Association of REALTORS® (CCIAOR). Of...
These markets are expected to be the hottest for real estate in 2022
Source: Yahoo Finance --- The pandemic didn’t just upend the working world, it also has brought about some seismic shifts in residential real estate. Large cities, which previously dominated the list of the country’s top real estate markets, are losing their appeal as...
