The Average Daily Rate for U.S. Hotel Rooms Reaches $133.36, Says STR
The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 4-10 August 2019, according to data […]
Airbnb’s Revenue Grows 31 Percent from Last Year
Home-sharing company Airbnb reported $9.4 billion in gross bookings during Q1 2019, according to information obtained by the Wall Street Journal. This represents an impressive […]
58 Percent of Millenials Are Homeowners, Says a New Survey by LendEDU
A recent survey conducted by LendEDU, a leading online marketplace for financial products, revealed key information regarding home ownership and mortgage trends among members of […]
Google Acquires a Former Yahoo! Business Park for $1 Billion
Goolge’s unquenchable thirst for Silicon Valley property continued in July with the announcement that the tech giant paid $1 billion to buy up buildings and […]
U.S. Housing Starts Fell 4 Percent in July
Housing starts fell 4% in July to a seasonally adjusted annual rate of 1.191 million and the pace for June was revised downward, according to […]
HUD Changes Some Lending and Fair Housing Rules
The Housing and Urban Development Department (HUD) has instituted a couple of changes to the Fair Housing Administration (FHA) lending policy, as well as a […]
Avg. U.S. Office Rents Rise by 4.2 Percent, Vacancy Stable at 9.7 Percent
According to Transwestern’s recently released national office report, the U.S. office market fundamentals reflect resilience, even in the face of the moderating pace of U.S. […]
Growing Home Flipping Business Not Very Profitable for Zillow
Despite a hot real estate market and an 84 percent increase in year-over-revenue to $599.6 million, Zillow Group’s earnings before interest, taxes, depreciation and amortization […]
Airbnb Targets Business Travelers by Acquiring Urbandoor
Airbnb has acquired Urbandoor, an online marketplace where business travelers can find furnished and serviced apartments for extended business trips, relocations and other longer-term stays, […]
More Homes Are Being Built in Flood Zones
Americans love for water views and coastal living is coming at an increased risk, according to a new joint analysis by Climate Central and Zillow. […]