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‘Unhealthy and unsustainable’: Homebuyers aren’t buying and homebuilders aren’t building in the face of untamed mortgage rates
Source: MSN --- U.S. mortgage rates crept up once again this week as demand for home loans tumbled, according to a pair of widely followed reports. Buyers and sellers are increasingly on edge as the average 30-year fixed mortgage rate — now more than double what it...
Spicer Mansion goes for less than $3.1 million in second auction
Source: The Day --- Mystic ― A Guilford-based entity holding mortgages on Spicer Mansion signed a contract Saturday to buy the hotel for $3,050,000 after submitting the winning bid in a public foreclosure sale. MMP Holdings LLC outbid Walter “Sonny” Glaser Jr., the...
Calgary experiencing record demand for multi-family living
Source: Calgary Herald --- Last month, Calgary saw 450 sales for condominium apartments, up 23 per cent from September last year. It was an all-time high for the month, eclipsing the previous record set in 2014 with 432 sales. Row also set a record last month with 327...
3 Signs You’re About to Make an Offer on the Wrong House
Source: The Motley Fool --- Today's housing market is a difficult one for buyers. Not only are home prices still sky-high, but real estate inventory is extremely limited. That means buyers are increasingly having to make compromises to purchase a place of their own....
Housing market: Existing home sales indicate the beginning of a correction
Source: Yahoo Finance --- BRIAN SOZZI: All right, from record home prices to record mortgage rates, 2022 has been a wild ride for the now ice-cold housing market. But could this pain be good for prospective homebuyers down the road? Yahoo! Finance Columnist Rick...
Home prices are finally falling. But how low will they go?
Source: CNN --- The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. But what homebuyers and homeowners alike want to know is: How much lower will prices...
TISHMAN SPEYER EARNS SIX 5-STAR RATINGS FROM THE GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK (GRESB)
Source: PR Newswire--- Tishman Speyer's best-ever year in GRESB ratings reflects its deep commitment to ESG integration and exceptional performance NEW YORK, Oct. 21, 2022 /PRNewswire/ -- Tishman Speyer today announced that six of its submissions to the Global Real...
Tyler Perry, Jake Gyllenhaal And Heidi Klum; The Role Of Celebrity Endorsements In Real Estate
Source: Forbes --- It is not uncommon for celebrities and high-profile personalities from the worlds of cinema and sports to lend their name and image to mega commercial and residential projects to market them more effectively. However, the pendulum has swung both...
Here are the people to know in commercial real estate for 2023
Source: AZ Big Media --- The 2023 edition of People & Projects to Know (PTK) in Commercial Real Estate is one of our most exciting and dynamic editions yet! Not only did the team at AZ Big Media receive an overwhelming number of nominations — for people and...
Dave Ramsey Says These Are the 3 Biggest Downsides of Owning Your Own Home
Source: The Motley Fool --- If you're excited about buying a home, you're probably thinking about all of the advantages of ownership. And there are plenty. You can personalize your space, of course. And your mortgage payments will help you build equity and acquire...
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