Current News & Events
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
Luxury Real Estate Market Insulated From Rising Rates and Inflation Performs Well
A five-year review of markets included in the Forbes Global Properties curated consumer marketplace of luxury homes has revealed a 34% increase in sales price within the top 20% of 2022 transactions. Furthermore, numerous markets, including the domestic and...
New Real Estate Alliance will Put $1 Billion into Vertical Farm Development
The Monthly Dividend Company and Plenty Unlimited Inc. have entered into a strategic real estate alliance to support the development of Plenty's indoor vertical farms. Under the terms of the agreement, Realty Income will acquire and provide development funding for...
ICE to Take its Climate Risk Offering Globally with Dun & Bradstreet Supply Chain and Location Data
Intercontinental Exchange, Inc. (ICE) has inked an agreement with Dun & Bradstreet to leverage its global supply chain and corporate location data to expand ICE’s climate risk offering globally. As part of the agreement, Dun & Bradstreet also plans to...
Will your city favor buyers or sellers? Real estate report makes predictions for 2023
Source: The Hill --- (NEXSTAR) – The days of 40-person bidding wars and offers that are six figures over asking may be over, according a recent analysis of the 2023 real estate market. The national median home price rose 17.6% in 2021, then another 10% in 2022. Those...
Looking for new investment options? Here’s what to know about real estate beyond homeownership
Source: azcentral --- Many Americans are so enamored with homeownership that they might forget there are other real estate investment options — possibly better ones. Owning a home provides shelter, appreciation potential, tax deductions and other benefits. Other real...
A 27-year-old real-estate investor who rehabbed 7 Austin properties last year is now targeting San Antonio, where homes can cost less than $100,000. Here are 3 reasons it’s the next big investor hot spot.
Source: Insider --- Austin real-estate investor John Crenshaw said he only worked for someone else once. For a brief spell, when he was 17 years old, he worked at a branch of H-E-B, the popular Texas grocery store. After that, he turned his passion for gaming into a...
HUD and State of Louisiana Reach Agreement to Free 3,300 Louisianans from Road Home Repayment Obligations
HUD Secretary Marcia L. Fudge was in New Orleans, Louisiana last week to announce the closure of the Road Home program, which she said will free 3,300 Louisianans from repayment obligations. With the State’s compliance with HUD’s corrective action, the State will...
Sales of New York Real Estate Down in January, But Prices Up Slightly
The median closed sales price for real estate sold in the region from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains increased by 0.90% in January to $575,000, up from $570,000 in December 2022, according to OneKey MLS. Between...
Be on the lookout for these six red flags in the homebuying process. It could save you thousands, a real-estate attorney said.
Source: Insider --- Buying a house is already a difficult process, and compounding that with an unhelpful — or even devious — real-estate agent as a co-pilot can add stress and even unnecessary costs. Purposefully confusing contracts and some real-estate agents'...
Fewer people are taking out mortgages as interest rates increase
Source: Local News 8 --- Fewer people are taking out mortgages as interest rates increase Americans are taking out fewer mortgage loans as interest rates increase, a reflection of buyer uncertainty amid rising inflation, higher interest rates, and concerns about...
