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What Are Real Estate Comps?
Source: Forbes --- Buying a home is an all-encompassing process. It’s like a part-time job that requires hours of research, work and money. The last thing you want to do is pay more than you need to for a home. And that’s where real estate comps come up. You can use...
Americans Are Buying International Property ‘All Over,’ Says Marriott Exec
Source: Mansion Global --- When it launched with a single New York hotel in 1998, W was synonymous with a kind of late-night urban glamour. Now, many of the guests who grew up with the brand are settling down—and so is W. Along with hotels, residential development is...
Succession planning for multifamily property owners
Source: JP Morgan --- Transitioning ownership of a commercial real estate organization can be a complex process. If you want to build a sustainable business that runs smoothly after you step down, it’s imperative you put time and effort into planning and executing...
Can The Grounds Real Estate Development AG’s (ETR:AMMN) ROE Continue To Surpass The Industry Average?
Source: Yahoo! --- While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'll use ROE to better...
Layoffs, sluggish markets signal rough start to 2023
Source: The Real Deal --- The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last week point to the year shaping up to be a rough one. Compass, the No. 1 residential...
Meta updates property listing policy, riling agents
Source: The Real Deal --- Facebook Marketplace is becoming a less friendly hunting ground for real estate agents selling properties via social media. Facebook’s parent company, Meta, announced late last month a policy change to the social media site’s virtual selling...
1.4m households could face rate rises when renewing fixed mortgages in 2023
Source: Yahoo! Finance --- More than 1.4 million households are facing the prospect of interest rate rises when they renew their fixed-rate mortgages this year, according to the Office for National Statistics (ONS). The majority of fixed-rate mortgages in the UK (57%)...
It’s wait-and-see for Grand Forks real estate trends; agents says spring will give a better indication
Source: Grand Forks Herald --- GRAND FORKS — With prices up, sales down, lower inventory and interest rates doubling in the last year, times have slowed on the local real estate front. Winter is historically a slower time for home sales in the northern states, so...
With the housing market ‘fizzled out,’ 2023 is off to the worst start in decades — but here’s why analysts are dreaming of a mild spring
Source: Yahoo! --- Homebuyers hoping for a better climate in 2023 have longer to wait, as they now face the highest mortgage rates to start a new year since 2002. However, analysts remain hopeful that today’s volatile rates will stabilize in the coming months. “While...
Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry
Source: Morning Star --- The real-estate sector is in crisis amid the housing downturn. Expect more pain to come before things start to normalize, one housing chief says The real-estate sector is in crisis amid the housing downturn. Expect more pain to come before...
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