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JLL CEO Urges Patience for ‘Relatively Short’ Real Estate Industry Downturn
Source: CoStar --- JLL, the world's second-largest real estate brokerage by revenue, reported declines in leasing and capital markets in its latest earnings report as the industry prepares for what executives hope will be a rebound in deal activity later this year....
Last-minute bill to let real estate developers levy taxes like a city shows the developer domination of the Utah Legislature, Robert Gehrke writes
Source: The Salt Lake Tribune --- It’s no secret that real estate developers dominate the Utah Legislature. The House speaker, Senate president, House majority leader and nearly one out of every five lawmakers in the body are, in one way or another, involved in real...
Real estate market hit by low inventory
Source: Antelope Valley Press --- LANCASTER — Limited inventory is hitting the residential and commercial real estate markets, while the changing economic landscape is having a greater impact on the residential market, forecasters said during Friday’s Antelope Valley...
Are All-Cash Buyers Dominating NYC Real Estate Market?
New real estate data and reporting recently revealed that nearly a third of U.S. homebuyers are sidestepping a mortgage and purchasing property via cash-only transactions, according to Redfin. This is a trend that is suddenly dominating big cities like Atlanta, Ga.,...
Real Estate Agents Graduate From Industry Training Program
A number of industry professionals have graduated from the T3 Fellows program, a customized training course designed to prepare real estate brokers to succeed in a changing market. Across the T3 Fellows program, each broker and team owner follows a...
Understanding the 1% rule for real estate investors
Source: Yahoo! --- Thinking of investing in real estate? Before buying an investment property, you need to make sure that it will generate at least enough money to cover your monthly carrying costs — and, ideally, more. That’s where the 1 percent rule comes into play....
Black real estate developers get rare access to big capital through Philadelphia program
Source: CNBC --- Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and...
HOW TO FIND COMPS IN REAL ESTATE
Source: Ris Media --- How much is a house worth? Knowing the value of a home can be crucial when buying or selling. The location and market trends will be very important, but they aren’t everything. What decides how much your house is worth are the real estate...
INSIGHT: US housing market to hit demographic wall by 2030s
Source: ICIS --- CHARLOTTE, North Carolina (ICIS)–Demographics will weigh heavily on the long-term outlook for the US housing sector as a much smaller Gen Z population reaches prime home-buying age in the first half of the 2030s, according to an ICIS analysis. Housing...
Housing market on the rise? Why pending contracts for home sales have industry buzzing.
Source: USA Today --- A slight decline in mortgage rates in December and January contributed to an improvement in pending home sales for a second consecutive month, according to data released Monday by the National Association of Realtors. The Pending Home Sales Index...
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