Real Estate News & Insights
Pending Home Sales Flat in September
Month-over-month and year-over-year pending home sales were up in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Flat in September
Report: Sales of Newly Built Homes at 4-Year Low
“Builders are hesitant to start new projects because in today’s buyer’s market, it doesn’t make financial sense,” said Jesse Landin, a Redfin Premier agent in San Antonio. Continue Reading Report: Sales of Newly Built Homes at 4-Year Low
How Real Estate Investors Can Leverage CRMs to Identify Investment Goals
Source: EisnerAmper --- Introduction Real estate investors in today’s market are looking for properties that meet an exceedingly diverse set of characteristics. Listing websites and aggregators have brought new transparency to property data and investors expect to...
Foreign Investors Continue to Seek Stability in U.S. Real Estate
Source: Wealth Management --- While inflation and geopolitical instability continue to create challenges for investors, they have also increased the attractiveness of U.S. commercial real estate as a “safe haven” for capital. Global investors today face goods news and...
Don’t Get Burned Claiming Real Estate Professional Status (REPS) You Don’t Deserve
Source: White Coat Investor --- Lots of high-income professionals involved in direct real estate investing get really excited when they learn about qualifying themselves or their spouse as a real estate professional. The general presumption by the IRS is that real...
Millennials and homebuying: Real estate adapts to largest generation
Source: Bankrate --- Key millennial homebuying statistics in 2022 Millennials represent 43 percent of homebuyers, the highest share of any generation, according to the National Association of Realtors (NAR). One-quarter of that group are older millennials aged 32 to...
Inside the Queen’s sizable New York real estate portfolio
Source: The Real Deal --- Long live the Queen — or at least her real estate holdings. Queen Elizabeth, Britain’s longest-reigning monarch, died Sept. 8 at the age of 96 at Balmoral Castle in Scotland, one of several royal residences spread throughout the United...
How ‘Forever Renters’ Are Changing Real Estate As We Know It
Source: Forbes --- The cost of a home is at an all-time high in the United States. According to the National Association of REALTORS®, the median home price increased by 15% from last year. But how exactly is this housing market impacting millennials and Gen-Z?...
Homebuilder sentiment tumbles in September for ninth straight month
Source: Fox Business --- Confidence among builders in the U.S. housing market plunged more than expected in September to the lowest level since the beginning of the COVID-19 pandemic as painfully high inflation and rising borrowing costs forced potential buyers to...
Home-Flipper Opendoor Hit With Losses in Echo of Zillow Collapse
Source: Bloomberg --- Company lost money on 42% of its August resales after it failed to anticipate slide in housing demand. The US housing market’s sharp downturn has been bad for builders, flippers and almost anyone who had plans to sell a home when rising mortgage...
Housing inventory may not rebound for some time, despite slowing market
Source: Washington Business Journals --- Inventory has been a closely-watched metric of the U.S. housing market during, and leading up to, the Covid-19 pandemic.
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
Source: NY Post --- The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve to ease up on interest rate hikes, a prominent economist warned on Monday. Homebuilder confidence declined for the ninth straight month in...
Recent Posts
Discount-Hungry Homebuyers Paying More Attention to Foreclosure Listings- North Carolina Wedding Venue Owner Pleads Guilty to Wire Fraud
- Survey: 4 in 10 Canadian Manufacturers Moved or Plan to Relocate Production…
- Former FHA Commissioner Frank Cassidy Rejoins Walker & Dunlop
- Four New Residential Projects Planned for Montreal’s Most Vulnerable …
