2016-10-01T00:00:00+00:00 | Real Estate Orbit

Home Flipping Reaches a Six Year High – ATTOM

October 28, 2016 0

The number of home flippers has reached its highest level since Q2 2010, according to a report by ATTOM Data Solutions. A total of 39,775 […]

Manhattan’s Retail Rents Reach $4K PSFT, the Most Expensive in the World

October 28, 2016 0

With monthly rents reaching $4,000 per square foot, New York’s Fifth Avenue is the most expensive retail market in the world, according to a report by […]

Top Property Managers by Total Space Managed – NREI

October 27, 2016 0

National Real Estate Investor (NREI) ranked the top property managers, based on total square footage of space managed globally. RANK COMPANY TOTAL SPACE MANAGED 1 […]

Office Markets Continue to Tighten – Cushman & Wakefield

October 26, 2016 0

Global real estate giant Cushman & Wakefield released its 3rd Quarter Office Market Beat. Among the report’s findings: National Vacancy Rate: Office vacancy rate is 13.2%, […]

U.S. Hotel Stock Index Falls 6.4% in September

October 24, 2016 0

Weaker demand, lower occupancy levels and higher labor costs drove hotel stocks down in September, according to World Property Journal. The Baird/STR Hotel Stock Index […]

29.7 Percent of All Real Estate Sales in July were “All-Cash”

October 24, 2016 0

CoreLogic released a report showing that 29.7% of all real estate sales in July were paid for in cash, down 1.9% from July 2015. The […]

Prices of Miami’s Luxury Condos Plunge by 30%

October 23, 2016 0

The average sales price of a luxury condo in Miami/Miami Beach plunged by 30% year-over-year as of Q3, from $2.6 million to $948,700, according to […]