Results of the 2018 National Association of Realtors Member Profile
In 2018, there was a continued rise in new members of the National Association of REALTORS (NAR), increasing from 1.22 million in March 2017 to […]
Housing Affordability Falls Further in Q3
Housing affordability remained at a 10-year low in the third quarter of 2018, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. “Continuing home price appreciation […]
Shares of Wynn Resorts Near a 52-Week Low on a Series of Bad News
Shares of Wynn Resorts (WYNN) have dropped near their 52-week lows over concerns on a weakening Chinese economy, lower quarterly earnings and a sexual harassment […]
CBRE Launches its Own Co-Working Brand
CBRE, the world’s largest real estate services firm, is jumping into the growing business of flexible workspace, according to an article in the Real Deal. […]
The Average Home Buyers Need 7.2 Years to Save a Down Payment
Using the national median incomes and home values of today, buyers these days need an extra year and a half, for 7.2 years total, to […]
U.S. Housing Supply Posts First Annual Gain in 3 Years
For the first time in nearly three years, the number of homes for sale increased year over year, albeit slightly, up 0.2 percent from last […]
Annual Multifamily Permitting Activity Drops 9.3% Says CBRE
Global real estate consultant CBRE is reporting this week a 9.3% drop in permitting activity in U.S. for multifamily units last month is a favorable […]
Three More Metrics Point to a Softening Housing Market
A couple of months ago, we pointed out bearish news in the housing market as represented by a rising number of price cuts as well […]
U.S. Office Market Remained Strong in Q3 Says Cushman and Wakefield
Demand for US office space continued to be strong in Q3 of 2018 with stable leasing volumes, rising asking rents, and solid absorption, according to […]
Jones Lang LaSalle Acquires ValuD Consulting
Global real estate company Jones Lang LaSalle (JLL) announced on October 3 an agreement to acquire ValuD Consulting, a leading provider of IBM software integration […]