Latino Home Ownership on the Rise
Latin homeownership gains in recent years have far exceeded those of other groups. About 18% of the U.S. population identifies as Latin, yet they have […]
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CBRE: Asset Prices will Drop 10-20 Percent by Year End
Investment property values are expected to decline 10% to 20% by year’s end, causing a moderate rise in cap rates, according to a new report […]
30-Year Mortgage Rates Fall to 2.88 Percent
In yet another unprecedented drop, the average 30-year mortgage rate fell to 2.88 percent, according to Freddie Mac’s latest Primary Market Mortgage Survey. This is […]
Coronavirus Real Estate Update #4: The Pain Starts Spreading
Local directives of Shelter-In-Place, Social Distancing and the mass closure of a vast array of businesses (restaurants, bars, malls, theatres, etc.) has resulted in 16 […]
Elizabeth Warren Shames Blackstone for Buying Properties at a Low Price
Massachusetts Senator and presidential candidate Elizabeth Warren slammed private equity and asset management giant the Blackstone Group for “shamelessly” profiting from the 2008 housing crisis. […]
Updates from the Corporate Real Estate World: CBRE, JLL, Zillow and Others
CBRE Q3 Results Beat EstimatesThe world’s largest real estate firm reported revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.73 billion, […]
Household Wealth Drives Demand for Vacation Homes
According to the National Association of Realtors’ 2019 U.S. Vacation Home Counties Report, increased financial wealth and low mortgage rates boosted the demand for and […]
African American Families Could Afford Just 25 Percent of Homes for Sale
Just 25 percent of homes for sale in 2018 were affordable to the median African American household, down from 39 percent in 2012, according to […]
Opinion: Limit the Term Length of Rent Control
The State of California recently enacted a State-wide rent control program that caps rent increases to 5 percent above the rate of inflation, according to […]
Redfin Identifies Housing Markets Most Affected by a Possible Recession
According to a report by Redfin, some metros are more vulnerable than others to a housing downturn. Redfin reviewed a number of factors (such as median […]