Real Estate News & Insights
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
In majority-white areas, 7.9% of homes for sale within MRED were listed privately. In predominantly minority areas, that share was 3.4%. Continue Reading Zillow Offers Data Analysis Claiming Private Listings Could Perpetuate Racial Disparities
Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Nearly two-thirds of real estate brokers and agents said promoting energy efficiency in listings is either very or somewhat valuable. Continue Reading Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Federal Reserve Approves Quarter-Percent Rate Hike
The Fed insisted the “U.S. banking system is sound and resilient.” Continue Reading Federal Reserve Approves Quarter-Percent Rate Hike
Mortgage Application Activity Drops Amid Jumbo Mortgage Jitters
“The jumbo-conforming spread continues to narrow,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Drops Amid Jumbo Mortgage Jitters
New York and California Lost Over $90 Billion in Income During Pandemic
Florida recorded $39 billion in income in 2021 on top of the $28 billion gained in 2020. Continue Reading New York and California Lost Over $90 Billion in Income During Pandemic
Fintech Sector Revenues Forecasted to Reach $1.5 Trillion by 2030
Fintech growth in the Asia-Pacific region is forecast to outpace the North American market during this period. Continue Reading Fintech Sector Revenues Forecasted to Reach $1.5 Trillion by 2030
Zillow Debuts ChatGPT Plugin
The Zillow ChatGPT plugin is currently in its alpha phase. Continue Reading Zillow Debuts ChatGPT Plugin
Dubai’s Rasmala Investment Bank Enters UK Multifamily Market
The strategy will involve a Shariah-compliant investment vehicle with an initial focus on the serviced apartment and build to rent (BTR) subsectors in and around London. Continue Reading Dubai’s Rasmala Investment Bank Enters UK Multifamily Market
Canadian Tire Corp. Acquires 10 Bed Bath & Beyond Leases
The 10 leases combined represent more than 242,000 square feet of retail space. Continue Reading Canadian Tire Corp. Acquires 10 Bed Bath & Beyond Leases
Survey Details Canadian Homeowner Agitation Over Rising Mortgage Rates
Nearly one-third (30%) of respondents said they were having a tough or difficult time with their mortgage. Continue Reading Survey Details Canadian Homeowner Agitation Over Rising Mortgage Rates
Person of the Week: Robert Cote, Founder and CEO of Cote Capital
“I’m leading a mission to drive venture capital back to its roots,” said Cote. Continue Reading Person of the Week: Robert Cote, Founder and CEO of Cote Capital
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