Mortgage Rates Drop to a 16-Month Low
Interest rates on U.S. 30-year and 15-year fixed-rate mortgages decreased to their lowest levels in 16 months in step with lower U.S. bond yields amid […]
Month: May 2019
9.1 Percent of All U.S. Properties Now Seriously Underwater
Based on ATTOM Data Solutions’ Q1 2019 U.S. Home Equity & Underwater Report, at the end of the first quarter of 2019, more than 5.2 […]
The Average Property Tax in U.S. Reached $3,498 in 2018
According to ATTOM Data Solutions 2018 property tax analysis of more than 87 million U.S. single family homes, property taxes levied on single family homes […]
JLL Terminates $2 Billion in Management Contracts with Brunei-Owned Group
Global real estate firm Jones Lang LaSalle (JLL) took a firm and unequivocal stand in defense of human rights last week, when it severed ties […]
Zillow and Keller Williams Expand their Home Flipping Business
Next month, Keller Williams will launch an iBuyer offering, which will be called “Keller Offers.” Keller Offers will initially launch in the Dallas/Fort Worth market, […]
Zillow Launches Free 3D Home Tours in the U.S. and Canada
Zillow added a feature called 3D Home to its site and app that lets you step from virtual room to virtual room as you’re shopping […]
Re/Max Beats Q1 Earnings Estimates
RE/MAX Holdings (NYSE: RMAX) reported Q1 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $71.2 million […]
Foreign Investment in U.S. Industrial Properties Jumped 152 Percent in 2018
According to CBRE Research, foreign property investors made $14.4 billion worth of U.S. industrial real estate acquisitions in 2018, up 152% year-over-year due to several […]