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Prevu Takes its Homebuying Plaftorm to 10th Major Metro Market
Prevu, a real estate technology company, announced that its digital homebuying platform is now available in South Florida - including cities like Miami, Fort Lauderdale, Boca Raton, and West Palm Beach. With Prevu’s entrance into the market, consumers in the region...
California Real Estate Firm Employs AI to Compile Data
Diamond Real Estate Group, whose suite of real estate services utilizes artificial intelligence, is debuting its proprietary, AI-powered platform and revamped website. The luxury and investment real estate brokerage, founded in 2021 by CEO Matthew Martinez, seeks to...
Housing Market Update: Home Prices Fall Annually For First Time In A Decade As Mortgage Rates Pass 7%
Source: Redfin --- The median U.S. home-sale price declined 0.6% year over year in February, marking the first annual drop since 2012–but high rates mean homes aren’t more affordable. The milestone comes as daily average mortgage rates hit 7.1%, dampening homebuying...
US home prices could plunge 20% amid risk of ‘deep’ housing slide, Fed economist warns
Source: Fox Business --- U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a "deep global housing slide," according to research from the Federal Reserve Bank of Dallas. The global housing market has become...
Real estate investors say pricing and interest rate uncertainties are influencing capital deployment in Asia Pacific – JLL
Source: RE Talk Asia --- Global real estate investors acknowledge they will encounter a fresh set of challenges in 2023, identifying pricing and interest rate uncertainties as the main factors influencing capital deployment into Asia Pacific commercial real estate....
Federal government is not powerless to stop Chinese real estate deals near sensitive US military bases
Source: The Hill --- Is the U.S. government unprepared to respond to a Chinese company purchasing land near a vital military base? The Air Force recently wrote Congress to explain that the interagency Committee on Foreign Investment in the United States (CFIUS) lacked...
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