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Homes owned by Black households appreciated the fastest during the pandemic
Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000 in equity. Black Americans also made slight gains in homeownership rates, despite disproportionate job and income...
RE/MAX Co-Founder Dave Liniger Launches “Ambition & Grit” Podcast Series
Dave Liniger, the co-founder and leader of the Denver-based global real estate franchise RE/MAX, announced the launch of his 13-part podcast series, "Ambition & Grit," which premieres February 27 during R4, the annual RE/MAX conference, which will be held in Las...
Big chill: US homebuying cooldown is intensifying
Source: The Orange County Register --- The nation’s homebuying slowdown is intensifying. The National Association of Realtors’ index of contract signings to purchase previously owned homes decreased 1% from a month earlier to 89.8. That followed a nearly 9% decline in...
The industries most at risk of a new economic downturn
Source: Washington Examiner --- For months, economists, academics, and elected officials have argued about whether the United States is in a recession. The "yes" camp points to negative gross domestic product growth in the first two quarters of 2022, meeting the...
Real estate tech startup Reali to shut down after raising $100M one year ago
Source: Tech Crunch --- Startups that are catering to homebuyers are struggling as interest rates and inflation have climbed and inventory shortages continue in many markets. The latest casualty in the space is Reali, which announced that it has begun a shutdown and...
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