Real Estate News & Insights
Former Calgary Office Building to Become 204-Unit Rental Housing Development
“Calgarians urgently need continued investment in housing,” said Mayor Jeromy Farkas. Continue Reading Former Calgary Office Building to Become 204-Unit Rental Housing Development
Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
Landmark Properties to Develop Residential Community to Serve University of Southern California Students
Landmark Properties, a real estate firm specializing in the development, construction, investment management, and operation of residential communities, announced plans to develop a second student apartment community in the Los Angeles market. Construction is scheduled...
Survey Indicates Women Investors Prefer Real Estate More Than Men
On International Women’s Day, UBS global wealth management’s chief investment office published a thematic report on women and legacy, focusing on how women investors define legacy, their concerns, how they can best allocate their resources, and how important it is to...
Housing Market Momentum Stalls as Critical Spring Season Approaches
Source: Mansion Global --- Rising mortgage rates are cooling the U.S. housing market, sapping recent buyer interest heading into the crucial spring selling season. Economists, home builders and real-estate agents saw evidence of a thaw in early 2023, when rates...
Millionaires row no more: Number of houses that cost seven figures nationwide is dropping
Source: USA Today --- As mortgage rates continue their upward march, the share of U.S. homes worth seven figures is dropping. In another indication of the cooling housing market, homes that would have been worth $1 million or more at the peak of the pandemic...
International Women’s Day: What it means to the real estate industry
Source: Elite Agent --- To celebrate 2023’s International Women’s Day, we spoke to some of the most inspiring and influential leaders in the real industry to find out how real estate has changed in recent years, what needs to be done better and their advice for women...
Coldwell Banker Uncovers Why International Buyers Dream of Owning U.S. Real Estate
Source: PR Newswire --- MADISON, N.J., March 7, 2023 /PRNewswire/ -- From diverse American cities and regions to being inspired by Hollywood, wealthy international consumers are dreaming of home in the United States. According to a recent survey by Coldwell Banker...
This developer is happy that new home construction is falling
Source: CNN Business --- New YorkCNN — Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of potential homebuyers are finding it difficult to finance homes. Mortgage applications fell in late February to a...
Six new imperatives for real estate players
Source: McKinsey & Company --- Higher inflation, higher interest rates, and other challenges mean that the real estate industry needs new paths to success. ‘If you build it, they will come.’ For decades, that’s been as true for well-located office, retail, and...
Foreclosure Activity Down in February, but Up Annually
There were a total of 30,528 U.S. properties with foreclosure filings in February, that’s down 3% from a month ago and up 18% from a year ago, according to the February 2023 U.S. Foreclosure Market Report from ATTOM. Filings included default notices, scheduled...
Metro Atlanta housing market remains elevated, despite tighter inventory
Source: WSB-TV --- ATLANTA — New numbers show January got an unexpected 8% increase in homes going under contract. Buyers were jumping on mortgage rates that dropped. But, Channel 2′s Justin Farmer learned in the metro Atlanta area, home prices remain elevated...
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