Real Estate News & Insights
Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’
Fox News first reported the story, culling its information from an unnamed “source close to the Federal Housing Finance Agency.” Continue Reading Report: FHFA Closing Fannie Mae and Freddie Mac’s NY Offices Due to Letitia James’ ‘Corrupt and Dangerous Business Practices’
Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities
The rejections were based on compliance with guidelines included in new legislation that went into effect earlier this year. Continue Reading Utah Officials Reject Property Tax Hike Requests from 35 Cities and Taxing Entities
Evergrande defaults on $1.2B in foreign bonds, Fitch says, as China intervenes in debt-ridden real estate sector
Source:CBS News --- Beijing — Two major Chinese property firms have defaulted on $1.6 billion worth of bonds to overseas creditors, Fitch Ratings agency said Thursday, as contagion spreads within the country's debt-ridden real estate sector. China's government sparked...
Here’s why the luxury housing market is exploding in Metro Phoenix
Source: AZ Big Media --- In the past five years, the Metro Phoenix market median home price has nearly doubled. In Phoenix, the median home price is $405,000 compared with $215,000 five years ago, according to Redfin market data. From April to June, houses across town...
The 10 top housing markets of 2022: Think Boise, not New York City
Source: CBS News --- Real estate has been challenging for many buyers this year, with home prices up sharply and inventory at record low levels. Some buyers may get a break in 2022, but it's not likely to be in some of the nation's smaller cities that have seen strong...
Will Industrial Real Estate Stay On Top in 2022?
Source: The Motley Fool --- Industrial real estate has been a top performer among commercial real estate (CRE) investments over the past decade. For the past five years, industrial real estate investment trusts (REITs) have outperformed all other commercial REITs by...
Don’t let a dated real estate website hold your business back
Source: Inman --- In our 20-plus years of developing websites for agents, there’s one thing we know for sure: your site has to be just as hardworking as you. Yet many professionals have websites that are firmly stuck in the past: dated visuals, slow loading pages,...
Apartment rent and occupancy hit record highs, even as market enters its traditionally slow season
Source: CNBC --- Apartment rent growth and occupancy set new records in November, yet another sign that the nation’s housing market isn’t following seasonal patterns this year. Rent growth and occupancy usually cool heading into winter. Apartment occupancy hit a new...
With real estate tax bills about to rise, Springfield officials highlight available relief
Source:WAMC --- Average single-family homeowner facing $216 increase With the average homeowner in Springfield, Massachusetts facing a higher real estate tax bill next month, city officials are advising that relief may be available. From property tax exemptions to...
Warehouse space is harder to find as the commercial real estate market heats up
Source: The Inquirer --- Despite the persistent uncertainty of the pandemic economy, the U.S. commercial real estate market continues to thrive, with “record-high asking rents driven by historically low vacancy amid robust demand for space,” according to real estate...
These 10 regions have the best real estate prospects for investors
Source: The Intelligencer --- The national housing market has been hotter than ever over the last couple of years, with markets across the country facing housing shortages and price increases that have made it tough for average buyers to compete. A perfect storm of...
Decarbonizing real estate: What’s here — and what’s hype
Source:The Real Deal --- In real estate, green isn’t the new black — not yet. But if the capital markets continue demanding greater sustainability and increasing the pressure on portfolios with high carbon emissions, it may soon be impossible for owners to stay in the...
