Cushman: Retail Carnage to Get Worse with 12,000 Store Closures in 2018
Cushman & Wakefield predicts 12,000 stores will close in 2018, up from 9,000 last year, Business Insider reported. Another 25 major retailers could file for bankruptcy this […]
Month: February 2018
Mortgage Rates Continue Their Ascent, Nearing a 7-Year High
According to Freddie Mac’s most recent Primary Mortgage Market Survey, the 30-year fixed mortgage rate in the U.S. increased for the seventh-consecutive week in 2018. Rates […]
New York City Home Sales Reach an All-Time High of $50 Billion in 2017
According to the Real Estate Board of New York’s 2017 Residential Sales Report, the overall consideration for all home sales completed in New York City in 2017 […]
Office Vacancy Rates Drop to their Lowest Levels in 10-Years
According to Transwestern’s newly released 2017 year-end report on the national office market, the U.S. office market’s nationwide December 2017 vacancy rate of 11.5 percent […]
Homesnap Raises $14 Million in New Funding
Homesnap, a real estate technology company that provides a mobile productivity app and marketing platform for real estate brokers, agents and clients, announced this week […]
The Safest Neighborhoods in America
Analytics firm NeighborhoodScout this week released its Top 100 Safest Cities list, which ranked metros with populations of 25,000 based on crime rates, taking into account both […]
The Most Valuable Malls in America
The 20 most valuable malls in America that are owned by real estate investment trusts bring in roughly $21 billion in retail sales annually, according to […]
Quicken Loans Becomes the Nation’s Largest Mortgage Lender
Detroit-based Quicken Loans today announced it has become the nation’s largest residential mortgage lender in the 4th quarter of 2017– surpassing close to 30,000 lenders (commercial […]
RE/MAX President Geoff Lewis Retires
RE/MAX, one of the world’s leading franchisors of real estate brokerage services, and Motto Mortgage (“Motto”), an innovative mortgage brokerage franchise, today announced that RE/MAX […]
Mortgage Rates Jump to their Highest Levels in 13-Months Says Freddie Mac
Weekly mortgage rates jumped to their highest levels in more than 13-months as U.S. bond yields rose on concerns that hints of rising inflation would […]