Category Archives: Real Estate News

“The number of homes under contract hit the highest level the housing market has seen since before the bubble burst, buoyed by a stronger economy and lower mortgage rates. Pending home sales, which are purchases that haven’t closed yet, were … Continue reading →

“American luxury real estate brokers are hoping Brexit will lead to money flowing to high-end properties on this side of the Atlantic. The post-Brexit vote selloff in equities took a particularly heavy toll on British homebuilder shares. For example, Persimmon … Continue reading →

“The real estate sector is getting a little more pessimistic about the economy and a majority of professionals in the industry now see a recession ahead in the next 18 months. A survey of 400 people in the real estate … Continue reading →

“Expensive housing is a problem not simply because it gobbles up a lot of money, but also because it eats into the things we would buy if we weren’t shelling out so much for shelter. Families who struggle to pay … Continue reading →

“Rents are rising while interest rates remain low, yet young Americans are still largely choosing to rent instead of buy. Home rent costs have jumped 14 percent since 2010, and are expected to rise another 3.3 percent this year, to … Continue reading →

WASHINGTON (June 21, 2016) — Commercial drone use in the real estate business got a boost today with the release of the Federal Aviation Administration’s final rule governing small unmanned aerial systems, or UASs, in the national air space. Drones … Continue reading →

Pacific Investment Management Co. is pointing to gathering clouds in the roughly $3 trillion commercial real-estate market. “…[A] confluence of factors—volatility in public markets, tightened regulations, maturing loans and uncertain foreign capital flows—is creating a blast of volatility for U.S. … Continue reading →

More Americans are struggling to make rent. The number of renters dedicating at least half of their income toward housing hit a record high of 11 million people in 2014, according to the annual State of the Nation’s Housing Report … Continue reading →