Real Estate News & Insights
Report: 29% of Homebuyers Made All-Cash Purchases
All-cash purchasing was less prevalent in the pricey West Coast markets. Continue Reading Report: 29% of Homebuyers Made All-Cash Purchases
Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million
The portfolio, with in-place occupancy exceeding 93%, feature mix of food, fitness, medical, service and other necessity tenants, with low tenant health ratios. Continue Reading Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million
Hits and Misses for the Real Estate Week of Feb. 17-21
HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. Continue Reading Hits and Misses for the Real Estate Week of Feb. 17-21
Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
Gov. Ron DeSantis expressed support for ending property taxes. Continue Reading Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
New Initiative to Provide Prefab Homes to Los Angeles Wildfire Survivors
Steadfast LA did not state how many homes will be made available or when they will first be delivered. Continue Reading New Initiative to Provide Prefab Homes to Los Angeles Wildfire Survivors
CAPREIT Expands into Student Housing Sector with Florida Acquisition
Coastal Village was built in 2004 and is near Florida Gulf Coast University. Continue Reading CAPREIT Expands into Student Housing Sector with Florida Acquisition
Existing Home Sales Down by Nearly 5%
First-time buyers were responsible for 28% of sales in January, down from 31% in December 2024 and identical to January 2024. Continue Reading Existing Home Sales Down by Nearly 5%
The Most Expensive US Home Listing Is…
The most expensive home sale in January was a Fifth Avenue apartment in New York City. Continue Reading The Most Expensive US Home Listing Is…
CoStar Group Makes $1.69 Billion Bid for Australian Real Estate Marketplace Platform
This marks CoStar’s first bid for an Australian company. Continue Reading CoStar Group Makes $1.69 Billion Bid for Australian Real Estate Marketplace Platform
CBRE Forecasts Strong Year for US Hotel Industry
CBRE also predicted restrained supply growth due to high financing and construction costs. Continue Reading CBRE Forecasts Strong Year for US Hotel Industry
Home Selling Fintech Orchard Expands into Phoenix and Nashville Markets
“Orchard enables homeowners to meet their goals and get the best sale outcome,” said CEO Court Cunningham. Continue Reading Home Selling Fintech Orchard Expands into Phoenix and Nashville Markets
NAR Announces Resolution with Phoenix Realtors Over MLS Access
NAR threatened to revoke the Arizona group’s charter. Continue Reading NAR Announces Resolution with Phoenix Realtors Over MLS Access
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