Real Estate News & Insights
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Bears initially insisted they would pay for the stadium itself, with team president Kevin Warren claiming the new stadium would “require zero state money for construction.” Continue Reading Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
Report: Housing Affordability at Best Level Since Early 2023
The average credit score for purchase locks climbed above 736, the highest recorded in the six-year history of ICE’s origination dataset Continue Reading Report: Housing Affordability at Best Level Since Early 2023
2022 housing trends: The real estate frenzy is expected to ease
Source: MSN --- The real estate market has been nothing short of a wild ride for both buyers and sellers since the start of the coronavirus pandemic. Record price appreciation, rock-bottom mortgage rates and cutthroat competition among buyers have prevailed for the...
HPD Announces Plans For 100% Affordable Development In Brooklyn
Source: Real Estate Weekly --- The New York City Department of Housing Preservation and Development (HPD) today announced the development partners and plans for Site 1 of the Bedford-Stuyvesant Community Wealth and Wellness RFP. Almat Urban and the Bedford-Stuyvesant...
A Record-Breaking Year For Southern California Luxury Real Estate Sets The Stage For 2022
Source: Forbes--- From San Diego to Santa Barbara, 2021 was a record-breaking year for luxury real estate setting the stage for 2022. Sales activity reached historic levels in 2021 as did prices throughout Southern California. Here’s a look at what’s ahead in some of...
Real estate trends to follow in 2022
Source: York News Times --- Rent-to-own platform ZeroDown compiled a list of 10 real estate trends to follow in 2022 using information from real estate agents, forecast models, brokers, and other real estate experts.
These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse
Source: Markets Insider --- Virtual real estate, or land in the metaverse, sold in the form of non-fungible tokens is growing in popularity. You can't physically visit these properties, but the allure of this investment lies in these assets being backed by...
This Generation Is Spending the Most of Its Income on Housing
Source: The Ascent --- It's not unusual for housing to be a person’s largest monthly expense. Often, owning a home is a far more expensive prospect than renting one. That's because homeowners have to cover costs outside of their mortgage payments, like property taxes,...
When a real estate developer and an artist teamed up, this unique park was the result
Source: yahoo! News --- Montclair's new outdoor art exhibition space, known as Hillside Sculpture Park, could also be called "Pandemic Silver Lining" park. Located in downtown Montclair in a formerly empty lot owned by local real estate developer Bob Silver, the park...
Real estate stocks’ comeback year — with exceptions
Source: The Real Deal --- It was a profitable year to invest in real estate stocks, unless you were betting on some newer public names at the intersection of property and technology. Stock traders who bet on veteran landlords at the nadir of the pandemic saw...
Deep Dive: Real estate market in New York showing signs of slowing
Source: News 12 --- This year was a wild ride for real estate. Home prices were up, rent prices were up and inventory was low. News 12's Kristie Reeter took a deep dive to see where things stand now as we head into the new year.
Both Multifamily and Single-Family Production Enjoy Double-Digit Gains in the U.S.
Source: The World Property Journal --- According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, single-family and multifamily housing production accelerated in November, due to strong demand for new construction. Overall housing...
