Regulations & Higher Wood Prices are Adding $130K to the Cost of a New Home
A combination of bureaucratic regulations and higher lumber prices are adding a total of nearly $130,000 to the cost of building a new home, according […]
Commercial Property Owners Entice Tenants with Generous Incentives
Real Estate Orbit While the residential and industrial property markets sizzle, the office market has suffered immensely as Work-From-Home (WFH) arrangements and the COVID-19 pandemic […]
Turkey Leads in Global Annual Housing Prices Says Knight Frank
Turkey has the highest annual house price growth according to Knight Frank’s Q4 Global House Price Index. The European nation registered an annual house price […]
IMF Warns of CRE Risks
The International Monetary Fund (IMF) issued a report warning of the risks associated with commercial real estate assets in light of the global COVID-19 pandemic. […]
Will Rising Interest Rates Hurt the Housing Market?
Despite efforts by the Federal Reserve Bank to assure investors and the general public that it will work to maintain low interest rates over the […]
WeWork Reduces Rents Amid Ongoing Pandemic
New York-based flex-office provider WeWork has reduced rents at many of its properties amid the prolonged COVID-19 pandemic, according to an analysis by Bloomberg News. […]
Unsold Inventory At All-Time Low as the Housing Market Continues to Sizzle
Total housing inventory at the end of December totaled 1.07 million units, down 16.4% from November and down 23% from one year ago (1.39 million), […]
Commercial and Multifamily Mortgage Delinquencies Continue to Rise
Delinquency rates for mortgages backed by commercial and multifamily properties increased for the second month in a row in December 2020, according the Mortgage Bankers […]
The Number of U.S. Cities with a Typical Home Value of $1 Million Surges
While the typical value of a home in the United States is about $263,000, the number of “million-dollar cities” rose sharply in 2020, according to […]
The Best Performing Residential Markets Around the World
Price appreciation in the Philippine’s capital city of Manila lead the annual ranking of Knight Frank’s latest Global Residential Cities Index for the second year in […]