Subscribe to Email News Updates
What’s Going On With the Housing Market?
Source: Mansion Global --- Home sales have plunged. Buyers, facing the fastest-rising mortgage rates in decades, are scrapping their plans. And forecasters have rarely disagreed so much over where the market goes next. By many measures, the housing market entered a...
Here are the Best Cities for Women in Commercial Real Estate
Source: Globest --- The share of women in the commercial and residential real estate industries slumped 5% from 2017 to 2021, and women are still making less on average than male counterparts in both sectors. A MyEListing analysis of Bureau of Labor Statistics data...
FTX spent $256 million on Bahamas real estate — now the island’s government wants it back
Source: CNBC --- Bahamian lawyers say FTX executives Sam Bankman-Fried and Ryan Salame spent $256.3 million to buy and maintain 35 different properties across New Providence, Bahamas. Now, Bahamas regulators are trying to claw back the property from FTX’s U.S....
How relationships unlock doors to real estate deals
Source: Business Journals --- Howard E. Greenberg is a Westchester real estate professional who not only seems to know what’s going to happen in real estate and development before it happens but has an encyclopedic knowledge of what already has happened as well. He’s...
Mortgage rates drop after CPI report, but the housing market is far from out of the woods
Source: CNBC --- The average rate on the 30-year fixed mortgage dropped to 6.28% Tuesday, according to Mortgage News Daily. It is now at the lowest level since mid-September. The decline came after a lower-than-expected reading of the November’s consumer price index,...
Black Americans still face challenges chasing homeownership
Source: Yahoo! News --- For Mel Ligon and his wife, remnants of the 2008 housing crisis kept them from realizing major savings from refinancing their Chicago home during the pandemic refi boom. They had a deferred principal placed on their home during the Great...
