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The Reason Home Prices Are Finally Dropping
Source: Slate --- This article is from Full Stack Economics, a newsletter about the economy, technology, and public policy. In March 2021, a woman in the D.C. area put her house on the market and got 88 bids—including 76 all-cash offers and 15 from people who hadn’t...
Zillow lays off 300 employees in latest workforce shift
Source: Tech Crunch --- Zillow has laid off about 300 employees as it is shifting focus toward technology-related positions in the company, TechCrunch has learned from sources and confirmed with the company over e-mail. The Seattle-headquartered online real estate...
Here’s Where the World’s Largest Commercial Real Estate Owner Sees Promise
Source: CoStar --- Kathleen McCarthy took to the stage at the opening of the Urban Land Institute's annual fall meeting Tuesday to outline her property preferences as co-head of Blackstone Real Estate. But she spent a portion of her talk focusing on an issue more...
How to Convert a House to a Vacation Rental
Source: U.S. News --- Vacation rentals have surged in popularity in recent years. In fact, 2021 was the best year in Airbnb’s history. Bookings were up almost 50% compared with 2019, and new hosts alone earned nearly $2 billion across the past year. If you’re a...
Where do the wealthy invest? Luxury real estate is the safest investment one can make, says new Coldwell Banker Global Luxury report
Source: PR Newswire --- MADISON, N.J., Oct. 24, 2022 /PRNewswire/ -- A recent report indicates that real estate remains in a strong position for the remainder of 2022 and heading into 2023 as more affluent consumers are turning to real estate to diversify their...
Ben Affleck And Other Celebrities Are Dumping Their Real Estate, Here’s How Much They’re Making On Sales
Source: Yahoo Finance --- Home prices in the U.S. have continued to surge despite higher mortgage rates. According to the National Association of Realtors (NAR), the median home price has jumped almost every month in 2022. For example, it reached a record high of...
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