Real Estate Industry News & Insights
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Tortoise Properties Seeks to Capture Market Share in South Florida
Tortoise Properties, a South Florida-based real estate investment and development company, announced the launch of its new real estate brokerage firm, Tortoise Realty Group. The brokerage firm will offer a full range of real estate services, including investment...
Opendoor Acquires Stake in Title Resources Group
Title Resources Group (TRG), a national title insurance underwriter, announced that Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, has acquired a minority stake in its business. Financial terms were not disclosed. ...
A Housing Crisis Has More Politicians Saying Yes to Developers
Source: New York Times --- For years, elected officials from across the political spectrum in New York City have scored points by attacking a common enemy: Real estate developers. Politicians routinely quashed projects. Some officials argued they were protecting a...
Dave Ramsey Warns of a Dangerous ‘Plot Twist’ You Could Face With Rent-to-Own Homes. Here’s What It Is
Source: The Motley Fool --- Rent-to-own is one approach to buying a home, but it's not a conventional approach. Basically, if you opt for a rent-to-own arrangement, you enter into an agreement with a property owner that enables you to purchase the property you are...
Home buyers turn to riskier loans as interest rates soar
Source: Click 2 Houston --- HOUSTON – Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008...
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