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The Great Shake-Up: In Pandemic, Some Real Estate Founders Saw Right Time For A Bold Bet
Source: Bisnow --- Hemant Chavan was working as a development executive in New York City when the pandemic set in, and before long, he sensed opportunity. Like many commercial real estate professionals in the last two years, Chavan, a development director at luxury...
‘The major question is whether rising rates will quench housing demand’: Existing-home sales surge higher, but could be set for a downturn
Source: Market Watch --- The numbers: Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Compared to a year ago, sales were down more...
Hong Kong families face average wait of 6 years for public housing, marking 23-year high
Source: South China Morning Post --- About 250,000 needy families face an average wait of six years for a public flat in Hong Kong, the longest duration in more than two decades, according to official figures released on Monday. The average wait is double the three...
HOW THE COMMERCIAL REAL ESTATE MARKET IS ADAPTING TO POST-PANDEMIC NEEDS
Source: RIS Media --- From opening up restaurants for dine-in service to loosening restrictions on travel, the country is getting back to normal in a mostly post-pandemic world. However, some things may never go back to “normal”—like the way we work. Over the past...
Real Estate Voted the Best Investment Eight Years in a Row
Source: Keeping Current Matters --- In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently...
Line Your Pockets With Cash: 6 Creative Ways To Make Money Off Your Home (That Aren’t Airbnb)
Source: Realtor --- “Being a homeowner is easy,” said nobody ever. Besides the routine maintenance and upkeep (that lawn always seems to need cutting or raking), there’s also the never-ending expense of homeownership. And we all know that number can be fairly...
How to build wealth from real estate investing, according to 4 couples and individuals who have done it
Source: Business Insider --- With patience and time, real estate investing can yield significant passive income. "A lot of people want to time the market, but it's time in the market," property investor and early retiree Michael Zuber told Insider. "That's how you...
Albuquerque real estate among busiest in country
Source: KOB4 --- ALBUQUERQUE, N.M. – A new report shows Albuquerque is one of the busiest real estate areas in the country. “382. That's Albuquerque and Rio Rancho and that's single family homes,” said Albuquerque Realtor John Lopez. Lopez said this time last year,...
Thriving cities in Utah’s housing market. Do I keep looking even during the housing shortage?
Source: ABC 4 --- As of today, Utah has a housing shortage of 44,500 units. Should you keep trying to get into a home? Ace Allack of People’s Home Equity, has served as President of Salt Lake Home Builders Association and has insight into what makes our market tick....
10 Percent of All U.S. Homes Impacted by Natural Disasters in 2021
Source: World Property Journal --- According to CoreLogic's latest 2021 Climate Change Catastrophe Report, over 14.5 million U.S. homes, or about 1 in 10 U.S. residential properties, were impacted by hurricane, wildfire, winter storm or severe weather in 2021....
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