Current News & Events
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Three New England Markets Experience Sharp Increase in Rents
Three housing markets in the U.S. Northeast are dealing with rent spikes even as the nation’s rental crisis showed signs of moderation in January. Renters in Springfield, Massachusetts paid an average of about $1,615, a year-over-year increase of 14.73 percent...
Fundhomes appoints Ryan Feit as Strategic Advisor
Fundhomes announced that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that are operated on their...
Realogics Sotheby’s International Realty Releases 2023 Forecast Report
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what's occurred so far in Q1 for 2023 and are focused on where...
Real Estate Investor Sues Broker For $3.35 Million Invested in GHOST THE MUSICAL
A real estate investor is suing a Wells Fargo Advisors broker for $3.35 million, claiming he was encouraged to invest that money into a musical revival of the 1990 film "Ghost", and now the money has vanished. Marko Gnann said that broker Donovan Mannato gave...
US housing market sees $2.3T drop in value, biggest since 2008
Source: Fox Business --- The U.S. housing market suffered the biggest drop in value since 2008 as home prices came crashing down. That's according to a new report from real estate brokerage firm Redfin, which showed that the total value of U.S. homes tumbled from a...
Repayment Terms: Home Equity Loan vs. Mortgage
Source: Investopedia --- Buying a home is one of the most significant investments you can make. For most home buyers, that large of a purchase requires financing in the form of a mortgage. But once you have made your purchase, your mortgage payments start working for...
The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble
Source: Markets Insider --- The Federal Reserve's own economists have just warned the US could suffer a recession this year. They've raised the alarm about stocks and real-estate prices — which they say are aggressively valued and could plummet — and said painfully...
Home Prices Just Hit the Skids: ‘The Balance Is Shifting’
Source: Realtor.com --- The housing market today remains in a hazy no man’s land, with neither buyer nor seller willing to surrender what little control they have. Buyers face the dual enemies of high home prices and mortgage rates, which have been bouncing between 6%...
How can a real estate agency become profitable quickly and effectively?
Source: Estate Agent Today --- Let's imagine that you are launching a real estate business. It appears like a brilliant notion to run a firm without using pricey tangible assets or special developments. But nothing is as easy as it seems. Entrepreneurs are being...
UpNest review: What it is and how it works
Source: Yahoo! --- UpNest is an online platform that helps people find a real estate agent in their area. The service is free for both buyers and sellers. After entering some details about your needs, you will receive proposals from members of UpNest’s network of...
