The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money Laundering Risk Assessment” report...
Single‐family housing starts in December were at a rate of 1.02 million in December, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is down by 8.6% from the revised November figure of 1.12 million....
A new forecast is predicting the global construction equipment rental market size to expand at 6% compound annual growth rate by 2035, with a projected revenue upswing from $195 billion in 2022 to $280 billion by the end of 2035. Research Nester’s forecast pointed to...
The Biden administration is supporting the conversion of vacant commercial properties into residential housing, although it declined to allocate any new funds for this endeavor. “The actions announced today build upon the initiatives in the White House Housing Supply...
The residential real estate market is still a very local business, but why can’t the local Realtor or broker be armed with both national and hyper-local data to help them become the local expert that they need to be to grow in a very tough market? Plunk...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
