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Pivo Wins 2022 PropTech Real Estate Indoor Mapping Solution Award
Source: EIN News --- Smartphone Mount for Real Estate Professionals Simple and Affordable Solution for Creating Better Virtual Tours, Branding, & Visibility LOS ANGELES, CA, UNITED STATES, August 22, 2022 /EINPresswire.com/ -- Pivo, Inc., a global leader of...
$14.9M palatial estate in Connecticut priced to break local record
Source: CNBC --- Hidden behind a stone wall spanning 1,500 feet in one of Connecticut’s wealthiest neighborhoods is a palatial estate with a great room inspired by a Scottish castle. The brick-and-limestone residence, built in 1929, is the most expensive home for sale...
Interest Rate Increases, Inflation, and the Real Estate Cycle
Source: JD Supra --- In the nineteenth century, a musical genre known as the song cycle developed. Consisting of individually complete vocal songs, collectively, a song cycle Composer Franz Schubert’s cycles of German lieder (musical compositions sung by a soloist...
Home ownership and the “American Dream” are crushed by Real Estate Investment Trusts
Source: Tennessee Lookout--- A big economic division between renters and homeowners is apparent when looking at net worth: For homeowners, the median net worth of $231,400 is about 44 times the median net worth of renters, which is $5,200. Dr. Ken Chilton of Tennessee...
Zillow: Home prices to fall in these 123 housing markets—while 780 markets will go higher in 2023
Source: Fortune --- This summer, the U.S. housing market entered into a sharp slowdown. That only intensified last month. On a year-over-year basis, new-home sales and existing-home sales are now down 17.4% and 20.2%, respectively. While single-family housing starts...
Corruption, money laundering drive red-hot Baghdad property market
Source: The Jerusalem Post --- Real estate sales in Baghdad, are booming, especially in high-end areas, with prices in the Iraqi capital, exceeding those in several Arab and European capitals. Experts attribute this phenomenon to money laundering operations and...
