Three Reasons Newmark Knight Frank’s IPO Disappointed
Newmark, a commercial real estate services firm that includes brokerage Newmark Knight Frank, went public in early December with plans to sell 30 million shares at a price […]
Month: January 2018
Rolls Royce Taps Cushman & Wakefield for Global Real Estate Services
Power and propulsion systems giant Rolls-Royce has appointed Cushman & Wakefield to an expanded role supporting its global property requirements following a competitive tender process. […]
Common Formulas and Ratios Used in Real Estate Investing
Real estate investors use a great number of formulas and ratios to determine the feasibility of investing in a particular property or project. Below is […]
Nearly a Quarter of All U.S. Home Sales Were Above Asking in 2017
Buyers paid more than the asking price in nearly one quarter (24 percent) of U.S. home sales in 2017, netting sellers an additional $7,000 each. Five years […]
Blackstone Acquires Logistics REIT for $3.8 Billion
An affiliate of Blackstone Property Partners paid $3.8 billion to purchase Canadian-based Pure Industrial Real Estate Trust (PIRET), a logistics and industrial REIT, reported Real Estate News Exchange. As […]
Weekly Mortgage Rates Move Lower in the First Week of 2018
Weekly Mortgage rates took a breather during the first week of January 2018, according to Freddie Mac’s latest Primary Mortgage Market Survey. -30-year Fixed: Averaged 3.95%, down […]
San Jose CA Tops Zillow’s List of the Hottest Housing Markets for 2018
Zillow’s survey of the top 10 hottest housing markets of 2018 ranked San Jose, CA, Silicon Valley’s largest city, as the hottest housing market going into 2018. […]
Where it Make Sense to Rent vs. Buy and Vice Versa
USA Today conducted a new study to determine where in the U.S. it makes sense to rent vs. buy and vice versa. The study looked […]
Higher Home Prices & Rising Rates Add 11% to the Typical Mortgage Payment
Higher home prices and rising interest rates have resulted in an 11% increase in the amount of a typical monthly mortgage payment in 2017, according […]
U.S. Housing Stock is Worth $31.8 Trillion, Says Zillow
The value of the entire U.S. housing stock increased by 6.5 percent — or $2 trillion — in 2017, according to a report from Zillow. […]