Real Estate News & Insights
Former NYC Home of Lena Horne Listed for $1.2 Million
The 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans neighborhood in Queens was built in 1935 and includes six bedrooms and two-and-a-half bathrooms. Continue Reading Former NYC Home of Lena Horne Listed for $1.2 Million
Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
London property forecast: capital predicted to be global ‘megacity’ with house prices 12 times incomes by 2037
Source: Evening Standard --- With house prices expected to reach 12 times annual salaries, the capital is set to become one of the least affordable cities in the world. London is set to become one of the least affordable cities in the world, along with Tokyo, Tel...
Boon for Buyers: The 10 U.S. Cities With the Biggest Increases in Homes for Sale
Source: Realtor.com --- Where are all the homes, anyway? Ever since the COVID-19 pandemic ignited a nationwide housing boom, wannabe buyers have been plagued by bone-dry home inventory levels in many markets—causing them to either wait on the sidelines for more...
JLL CEO Urges Patience for ‘Relatively Short’ Real Estate Industry Downturn
Source: CoStar --- JLL, the world's second-largest real estate brokerage by revenue, reported declines in leasing and capital markets in its latest earnings report as the industry prepares for what executives hope will be a rebound in deal activity later this year....
Last-minute bill to let real estate developers levy taxes like a city shows the developer domination of the Utah Legislature, Robert Gehrke writes
Source: The Salt Lake Tribune --- It’s no secret that real estate developers dominate the Utah Legislature. The House speaker, Senate president, House majority leader and nearly one out of every five lawmakers in the body are, in one way or another, involved in real...
Real estate market hit by low inventory
Source: Antelope Valley Press --- LANCASTER — Limited inventory is hitting the residential and commercial real estate markets, while the changing economic landscape is having a greater impact on the residential market, forecasters said during Friday’s Antelope Valley...
Are All-Cash Buyers Dominating NYC Real Estate Market?
New real estate data and reporting recently revealed that nearly a third of U.S. homebuyers are sidestepping a mortgage and purchasing property via cash-only transactions, according to Redfin. This is a trend that is suddenly dominating big cities like Atlanta, Ga.,...
Real Estate Agents Graduate From Industry Training Program
A number of industry professionals have graduated from the T3 Fellows program, a customized training course designed to prepare real estate brokers to succeed in a changing market. Across the T3 Fellows program, each broker and team owner follows a...
Understanding the 1% rule for real estate investors
Source: Yahoo! --- Thinking of investing in real estate? Before buying an investment property, you need to make sure that it will generate at least enough money to cover your monthly carrying costs — and, ideally, more. That’s where the 1 percent rule comes into play....
Black real estate developers get rare access to big capital through Philadelphia program
Source: CNBC --- Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and...
HOW TO FIND COMPS IN REAL ESTATE
Source: Ris Media --- How much is a house worth? Knowing the value of a home can be crucial when buying or selling. The location and market trends will be very important, but they aren’t everything. What decides how much your house is worth are the real estate...
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