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Market Dislocation May Uncover Silver Lining For Commercial Real Estate Lending
Source: Forbes --- The global economy, commercial real estate included, has forced some lenders and investors to sit on the sidelines. Changing interest rates, inflation and recent shifts have resulted in investors losing deals and having to push the pause button. The...
Real estate market weathering ‘perfect storm’ for family homes: Carroll CEO
Source: Fox Business --- While the 30-year fixed mortgage rate might be slowing for the first time in a month, one real estate investor warns the market is still brewing a "perfect storm" for consumers – but especially single and multifamily homebuyers. "We are seeing...
‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market
Source: MarketWatch --- Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth doesn’t...
Housing Market Warning as Prices Suddenly Fall in One U.S. City
Source: Newsweek --- Continuously rising house prices have sparked warnings of a looming crash in the real estate market, but one analysis has shown that a city with soaring prices is already seeing a dip in property values over the last month. Data last month from...
‘Fewer signed contracts, fewer bidding wars’: A slowdown in Manhattan real estate may be a grim warning for the U.S. housing market
Source: MarketWatch --- First, the good news. The median sales price for residential properties sold in Manhattan rose to a record high in the second quarter, up 10.6% annually to $1.25 million, while the average sales price reached its third-highest on record, a...
Is Homeownership Still the American Dream?
Source: Keeping Current Matters --- Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many...
Scores of Pandemic Homebuyers Purchased Vacation Homes With High Natural-Disaster Risk
Source: Redfin --- Many pandemic homebuyers purchased vacation homes, which are frequently vulnerable to natural disasters. In 2020 and 2021, purchases of second homes with high flood risk rose 45% from the prior two-year period (2018-2019), according to a Redfin...
CoreLogic: Another big home-price increase in May, but slowdowns are coming
Source: Scotsman Guide --- CoreLogic’s latest Home Price Insights (HPI) report revealed that home prices nationwide, including distressed sales, rose 20.2% year over year in May — a still-strong annual jump, but one that’s likely to precede a period of slowing price...
A new kind of South Temple conversion: Office tower will be turned into apartments
Source: Salt Lake Tribune --- As downtown Salt Lake City’s boom in residential construction rolls ahead, developers have purchased a high-profile office tower along South Temple with plans to convert it into luxury apartments. Hines, a global real estate company based...
Metaverse Real Estate: Has the Hype Already Cooled Down?
Source: Bankless Times --- In 2021, virtual real estate prices in the Metaverse grew by an incredible 700%. Besides, this is only the beginning: the market is expected to grow 31% year-on-year in the next six years, as the rush to secure space within the virtual...














