Reports: Higher Borrowing Costs & Added Inventory Threaten Office Market
A pair of recent reports indicate that higher interest rates and a healthy pipeline of new office space will increase vacancy rates and undermine commercial […]
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Real Estate Company News Updates: CBRE, Cushman, Keller Williams & Others
CBREGlobal real estate firm CBRE announced that it agreed to collaborate with Johannesburg-based Excellerate Property Services to form a joint venture named CBRE Excellerate in […]
Zillow Adds Canadian Listings and Enters a New Market with Instant Offers
Real estate web portal Zillow announced that it partnered with Canadian brokerage firm Right at Home Realty to send its direct listing feeds to the […]
Six Hundred Bitcoin Servers Stolen from Data Centers Across Iceland
Underscoring the growing importance of data center security, several hundred Bitcoin mining servers were stolen from a number of data centers in Iceland. According to […]
The Uneven Housing Recovery
July’s housing prices reached new records in half of the largest U.S. metro areas, according to Zillow’s most recent Real Estate Market Report. The report also […]
Foreigners Buying US Real Estate at Record Pace
Real estate purchases by foreigners and recent immigrants jumped 49% to $153.0 billion between April 2016 and March 2017, from $103.9 billion over the same […]
Artificial Intelligence and the Future of Real Estate
Recent advances in technology have affected many facets of the real estate industry, including digitizing documents, automating property management functions and extending consumer access to listing […]
California Makes it Easier for Homeowners to Add a Second Unit
California Governor Jerry Brown signed into law Assembly Bill 2299, which allows homeowners to add “accessory dwelling units” (ADU’s) to their existing homes. The bill, which […]
Ben Carson Nominated for Secretary of Housing & Urban Development (HUD)
President-elect Donald Trump has nominated retired neurosurgeon and former presidential candidate Ben Carson to the position of HUD Secretary, reported CNN. Both the the National Association […]
Chinese Buying of Overseas Properties to Increase 130% from Last Year
Growing affluence, a weakening Yuan, a desire to own properties in a second country and an over-heated domestic real estate market, are all fueling a […]