Real Estate News & Insights
Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
“This all-cash transaction will deliver significant, immediate and certain value to Plymouth shareholders,” said Jeff Witherell, CEO and co-founder of Plymouth. Continue Reading Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Watson’s client list includes Mandarin Oriental, Mayo Clinic, and Four Seasons. Continue Reading Douglas Elliman in Rebranding Initiative After Selling Property Management Division
DOJ: Warren Buffett’s company discriminated against Black homebuyers in Philly, NJ, Delaware
Source: The Philadelphia Inquirer --- NEW YORK — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s company discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice...
Report: Home Prices Could Dip in 183 Markets
Source: Newsmax --- Home prices could fall in 183 ''overvalued'' markets if the housing recession continues, according to data mapped out from Moody's Analytics. The map shows that 183 of the 413 top housing markets are ''overvalued'' by more than 25%, which some...
Best Real Estate Stocks to Buy in 2022
Source: Best Stocks --- Real estate is a stable, long-term investment. The sector is also fragmented, making it an ideal place to find smaller stocks that can offer high returns. The broad commercial real estate market offers opportunities in almost every segment. As...
Big chill: US homebuying cooldown is intensifying
Source: The Orange County Register --- The nation’s homebuying slowdown is intensifying. The National Association of Realtors’ index of contract signings to purchase previously owned homes decreased 1% from a month earlier to 89.8. That followed a nearly 9% decline in...
Real estate tech startup Reali to shut down after raising $100M one year ago
Source: Tech Crunch --- Startups that are catering to homebuyers are struggling as interest rates and inflation have climbed and inventory shortages continue in many markets. The latest casualty in the space is Reali, which announced that it has begun a shutdown and...
Where To Buy Real Estate Leads In 2022
Source: Forbes Advisor --- Real estate is a competitive field, but if you buy real estate leads, you can quickly grow your business. Real estate lead generation companies curate lists of sellers or buyers who are actively looking for an agent. While this comes at a...
STUDY: MORE U.S. HOUSING MARKETS AT OR NEAR PRICING PEAKS
Source: Florida Atlantic University --- Home prices appear to have peaked in a growing number of U.S. markets, according to a July analysis by researchers at Florida Atlantic University and Florida International University. FAU’s Ken H. Johnson, Ph.D., and FIU’s Eli...
US housing market in ‘much worse shape’ than Fed admits: economist
Source: New York Post --- The Federal Reserve’s policy tightening has nudged the US housing market into a slump — and policymakers have yet to fully acknowledge the extent of the trouble, according to a prominent economist. Ian Shepherdson, a chief economist at...
3 Real Estate Tech Investments Other Industries Can Learn From
Source: Inc.com --- Real estate has been a constant economic factor since the time of the pyramids. But its venerable nature has also meant that it can be slow to adjust to the times. The pandemic created a unique push that vaulted the real estate industry into the...
Real Estate Giant Compass Is Facing an ‘Existential’ Cash Burn Problem
Source: Vice --- The real estate company once seemed poised to revolutionize the industry. Now, it looks more like the WeWork of residential real estate. Not too long ago, the real estate company Compass looked poised to dominate the industry for years to come. With a...
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