Real Estate News & Insights
Redfin Joins Pre-Market Listings Trend with New Early Access Category
Redfin has joined the movement to pre-market listings with the launch of its Redfin Early Access, a new search category featuring homes that are only on Redfin, plus pre-market listings from Compass International Holdings’ portfolio of brands. The Seattle-based...
Canadian Housing Starts Surged in April
Toronto posted a 34% year-over-year increase in actual housing starts this month driven by higher multi-unit activity. Continue Reading Canadian Housing Starts Surged in April
Mortgage Credit Availability Inched Up in December
The MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6. Continue Reading Mortgage Credit Availability Inched Up in December
New Platform Seeks to Expand Real Estate Investing in South Africa
RESCI claims that its deals “typically offer a minimum of 10% interest per year over a 20-year bond term.” Continue Reading New Platform Seeks to Expand Real Estate Investing in South Africa
Hits and Misses for the Real Estate Week of Jan. 6-10
A last-minute slew of Biden administration lawsuits, a special advisor for the NAR chief and Justin Trudeau opens the Exit door. Continue Reading Hits and Misses for the Real Estate Week of Jan. 6-10
Report: NY Governor to Propose Limiting Hedge Fund Purchasing of Single-Family Homes
“Shadowy private equity giants are buying up the housing supply in communities across New York, leaving everyday homeowners with nowhere to turn,” said Hochul. Continue Reading Report: NY Governor to Propose Limiting Hedge Fund Purchasing of Single-Family Homes
SBA Makes Disaster Loans Available to Los Angeles County Homeowners and Businesses
Disaster loans of up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Continue Reading SBA Makes Disaster Loans Available to Los Angeles County Homeowners and Businesses
Morgan Properties Acquires First Community in Kentucky
Built in 2005-2006, the property maintains a 96% occupancy rate. Continue Reading Morgan Properties Acquires First Community in Kentucky
Mike Rawls to Step Down as Xome’s CEO
Chris Marshall, former vice chairman and president at Mr. Cooper, will succeed Rawls. Continue Reading Mike Rawls to Step Down as Xome’s CEO
Industrial Property Vacancy Rate Up in Q4
Quarterly new leasing activity totaled approximately 130 msf in the fourth quarter and was down 15.7% compared to one year ago. Continue Reading Industrial Property Vacancy Rate Up in Q4
Redfin Lays Off 46 Employees
The company stated that none of its agents were laid off. Continue Reading Redfin Lays Off 46 Employees
Macy’s and Kohl’s Announce Store Closures
“Closing any store is never easy,” said Tony Spring, chairman and CEO of Macy’s Inc. Continue Reading Macy’s and Kohl’s Announce Store Closures
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