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Get Out: The 5 Most Haunted Cities In The U.S.
Source: National Mortgage Professional --- October brings ghost tours, stories of paranormal activity … and haunted houses. While “haunted” data is hard to come by, since most ghosts tend to be elusive when it comes to participating in a census count, some areas do...
Unlimited Sand and Money Still Won’t Save the Hamptons
Source: Bloomberg --- If you happened to be in Montauk, N.Y., when the trucks started rolling in this summer, you’d get a sense of how much sand $171,000 buys. Load after load tumbled onto Ditch Plains Beach, one of the Atlantic Coast’s better surfing spots, carved...
State commits to 1,000 housing units in hurricane-hit areas
Source: Coastal Review --- The North Carolina Office of Recovery and Resiliency this week committed to funding more than 1,000 new, affordable housing units in regions of state hit hard by hurricanes Matthew and Florence, including coastal North Carolina. About $53.5...
In wake of 2020 ‘feeding frenzy,’ Utah home sales slow in what may be the ‘calm before a potential storm’
Source: KSL--- The latest housing data shows the median-priced home in Utah's most populated county increased to $550,000 in the third quarter of 2021. That's a new high — and a 28% jump from the median price of $430,000 in the same time period from 2020. That means...
Amid white hot market, real estate licensing on the rise in Nevada
Source: Northern Nevada Business Weekly --- Northern Nevada’s white-hot real estate market has led to an uptick in people getting their contractors and real estate licenses. It’s a stark turn from a decade ago, when the real estate and construction industries were...
Tenants Find Few Bargains in Competitive Real Estate Market
Source: Franchise Times --- Operators expecting a tenant’s market to emerge in the aftermath of the pandemic that would give them a stronger bargaining positioning when it comes to lease renewals and new lease negotiations have had a rude awakening. “We were thinking...
Could Homeownership Derail the Rental Market In Secondary Cities?
Source: Globe Street --- During the pandemic, people fled the urban core for secondary metros across the country. The great relocation, as some have called it, wasn’t necessarily a new trend; people had been slowly leaving big cities in favor of affordability in...
Dogecoin ($DOGE) Can Now Be Used for Buying Ownership Shares in Second Homes
Source: Crypto Globe --- Recently, San Francisco-based startup Pacaso announced that it is now possible to pay with crypto — including Dogecoin ($DOGE) — for shares in single-family homes in some of the top second home destinations in the U.S. As...
Why America’s real estate industry is so racist
Source: Fast Company --- As the 50th anniversary of the Fair Housing Act came and went in the spring of 2018, there were few celebrations marking the event. Instead, it was a moment of reflection and realization of the ways that racial discrimination in the housing...
Commercial Real-Estate Sales and Values Surge to Records
Source: The Wall Street Journal --- Investors purchased a record amount of commercial real estate in the third quarter, defying warnings that the Covid-19 pandemic would erode these property values and starve the industry of cash. Instead, purchases of apartment...
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