Real Estate News & Insights
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Hits and Misses for the Real Estate Week of Sept. 25-29
A cost-saving residential project in the wrong neighborhood, a retailer’s exit from high-crime cities and an old train caboose marketed as a home. Continue Reading Hits and Misses for the Real Estate Week of Sept. 25-29
Unicoin Claims the Largest Real Estate Acquisition Made with Cryptocurrency
Alex Konanykhin, CEO of Unicoin Inc., called his cryptocurrence “a perfect asset tokenization tool for real estate developers.” Continue Reading Unicoin Claims the Largest Real Estate Acquisition Made with Cryptocurrency
Eric Francis Named VP of Finance at GO Mortgage
Francis was previously vice president of mortgage at A+ Federal Credit Union. Continue Reading Eric Francis Named VP of Finance at GO Mortgage
Florida is Home to 7 of the 10 Most Overvalued Housing Markets
The Cape Coral metro is the most overvalued housing market, with buyers paying a 47.99% premium on the typical home. Continue Reading Florida is Home to 7 of the 10 Most Overvalued Housing Markets
Sunstone Two Tree to Build Three BTR Communities in Phoenix Metro Area
Sunstone Two Tree now has nine BTR communities totaling close to 1,500 units in various stages of development in Arizona. Continue Reading Sunstone Two Tree to Build Three BTR Communities in Phoenix Metro Area
Marcus & Millichap Partners with Good Earth Coffeehouse on Real Estate Expansion
Good Earth currently operates over 60 coffeehouses, spanning from Victoria in British Columbia to Toronto. Continue Reading Marcus & Millichap Partners with Good Earth Coffeehouse on Real Estate Expansion
Alpaca Launches Private Equity Real Estate Platform
Daniel Carr and Peter Weiss are the co-founders of the new platform. Continue Reading Alpaca Launches Private Equity Real Estate Platform
Colonnade BridgePort Tapped for Property Management on 2.3 Million SF Portfolio
“This is a testament to our ability to optimize the performance of real estate assets and maximize returns,” said Colonnade BridgePort’s Ron Matheson. Continue Reading Colonnade BridgePort Tapped for Property Management on 2.3 Million SF Portfolio
Former Rocket Mortgage Executive Joins Canadian Digital Lender Nesto
Max Wegner will become the Montreal company’s chief revenue officer. Continue Reading Former Rocket Mortgage Executive Joins Canadian Digital Lender Nesto
CMBS Delinquency Rate at Second-Highest Post-Pandemic Level
Year over year, the overall CMBS delinquency rate is up 147 basis points. Continue Reading CMBS Delinquency Rate at Second-Highest Post-Pandemic Level
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