Real Estate News & Insights
Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
The administration overturned a Biden-era plan to move the agency’s offices out of Washington to a new building that was planned for Greenbelt, Maryland. Continue Reading Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
DC’s real estate market demands to be taken seriously
Source: The Real Deal --- Washington, D.C., is ready for its close-up. D.C. may be the nation’s capital, but its housing market has long trailed other East Coast and even West Coast markets. The District is a fixed, finite space that can’t grow vertically thanks to...
Investors Are Easing Up on Home Buying in 2023. Here’s Why That’s a Good Thing
Source: The Ascent --- Did you spend 2022 watching the housing market and shaking your head sadly? You've no doubt got company there. But as we head deeper into 2023, there is one tiny bright spot: Redfin recently released some predictions for the 2023 housing market,...
92% of millennial homebuyers say inflation has impacted their purchase plans, but most are plowing ahead anyway, study shows
Source: CNBC --- Millennials — who are roughly ages 27 to 42 — are in their prime homebuying years. While the combination of high home prices and rising interest rates has caused affordability issues for many buyers, the situation is gradually improving. The median...
DO POCKET LISTINGS BENEFIT SELLERS IN ANY WAY?
Source: Realty Biz News --- When buying or selling a house, you may hear real estate terms you're unfamiliar with. One such term could be a "pocket listing." When hearing this for the first time, it is not uncommon for consumers to ask what is a pocket listing in real...
9 ways to become the top-tier agent employers are looking for
Source: Real Estate Business --- Having the right social media footprint can help you become the next high-calibre hire recruiters and employers are looking for. Here’s how agents boost their professional profile online, according to an expert. Zoe Tink, the director...
Can Miami Beach Stay Hot After Covid? The Shore Club Redevelopment Might Hold the Answer.
Source: Mansion Global --- Architect Robert A.M. Stern is best known for designing buildings for the wealthiest New Yorkers. Some of the largest residential deals in the U.S. have been at his towers overlooking Manhattan’s Central Park. Now, Mr. Stern’s eponymous firm...
‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’
Source: Yahoo! --- Mortgage rates have tumbled to their lowest level since mid-September, drawing eager homebuyers out of their winter retreats. “Home purchase demand is thawing from the months-long freeze that gripped the housing market,” says Sam Khater, chief...
The Industrial Town That’s Become Australia’s Hideout for the Ultra Wealthy
Source: Mansion Global --- If you’ve ever come across the name Byron Bay, you’d be forgiven for thinking that this small, laid-back surfer’s town is within driving distance of Hollywood. After all, actor and Aussie native Chris Hemsworth, his wife, actor and model...
Experts bash Goldman Sachs prediction of a 2008-level housing crash
Source: Axios --- A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley's real estate industry last week. Yes, but: Local experts called the report "hyperbolic," "misleading" and "a...
Want to Buy a Home In 2023? 10 Cities to Consider
Source: The Ascent --- I'm sure a lot of people would love to forget about the state of the housing market in 2022, but unfortunately, we've probably still got a ways to go before things significantly improve from high prices and high mortgage rates. And since...
Recent Posts
Hits and Misses for the Real Estate Week of June 29-July 3- Two Harbors Stockholders Approve Merger with CrossCountry Mortgage
- Toronto Home Sales Surge Amid Decline in New Listings
- Historic Pittsburgh Site of National Negro Opera Company Receives $1.75 Mil…
- Jenni Bonura Named Chief Growth Officer at First Multiple Listing Service
