Current News & Events
6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
“During a time when housing is scarce, I will not stand for fraudsters coming to Harlem to try and perpetrate these pernicious schemes,” said Manhattan District Attorney Alvin Bragg. Continue Reading 6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
The coalition said their boycott was “motivated by Airbnb’s ties to President Trump’s anti-worker agenda.” Continue Reading Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
Kansas City area real estate market showing signs of cooling
Source: KSHB --- There is still much more demand than supply in the real estate market around Kansas City, Missouri, but Tony Conant, president of the Kansas City Regional Association of Realtors, believes the market is showing signs of cooling. Conant prefaces it by...
‘Property market on steroids’: Asia-Pacific’s real estate boom sees buyers bidding up prices
Source: CNBC --- Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic. Optimism has also gained steam as vaccination rates gain pace, and some countries move toward a post-Covid recovery. As...
NAMB President and SRE.com Announce Partnership to Launch SRE Marketplace
Source: Business Wire --- NAMB President Kimber White and SRE.com President John G. Stevens, who is also a former president of that organization, have announced a partnership that will provide a new member benefit aimed at preparing loan originators to compete more...
Is the Fed creating a housing bubble by keeping rates low?
Source: Housing Wire --- Remember that pretty girl from your history class in college — the one who would blow hot and cold, so you never really knew what she was thinking? The U.S. housing market can be like that girl: you can get many mixed messages (especially...
The Difference in Net Worth Between Homeowners and Renters Is Widening
Source: Keeping Current Matters --- Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans...
Hurricane Ida losses likely short of Katrina totals, could hit $25B
Source: SP GLobal --- Preliminary loss estimates from Hurricane Ida approach $25 billion, but should remain well below what the U.S. Gulf Coast saw in August 2005 when it was devastated by Hurricane Katrina. While Ida is expected to generate significant economic and...
Where real estate investors bought the most homes in 2020
Source: inman --- A decade of migrational influence has shifted which housing markets investors are pouring their money into. A new report by the analytics company CoreLogic compared the metros with the most investor activity in 2011 to the metros with the most...
Homebuyers flock to Florida real estate
Source: Housing Wire --- The Sunshine State seems to be getting a lot more foot traffic these days, with the number of homebuyers moving to Miami tripling year-over-year, a new analysis found. According to Redfin’s monthly migration report, July saw the net inflow of...
HQ Capital Real Estate Finalizes Strategic Partnership, Announces Rebrand as ‘CP Capital’
Source: Valdosta Daily Times --- HQ Capital Real Estate, a highly disciplined U.S. real estate manager specializing in multifamily investments, today announced it has closed on its transaction with Concord Pacific and Paragon Real Estate Advisors (a subsidiary of HB...
Italian-style Lake of the Isles home hits market for $4.5 million
Source: Star Tribune --- Fountains, courtyards and gardens with 100-year-old vines. Curved ceilings, rounded walls and wrought iron details. Such a home might be expected in the Tuscan countryside, but this one is on Lake of the Isles in Minneapolis. Now the...
