U.S. Data Center Leasing on Record-Setting Pace in 2019
According to CBRE’s latest U.S. Data Center Trends Report, driven by demand from large cloud and enterprise users, U.S. data center leasing is on pace […]
Month: August 2019
Foreign Acquisition of U.S. Commercial Properties Plunges in 1H 2019
According to a report by Real Capital Analytics, (RCA) overseas investors in office buildings and retail space became net sellers of properties during the first […]
Existing Homes Sales Rise, But New Home Sales Drop in July
Existing Homes Sales According to the NARU.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, […]
Detroit and San Francisco: a Tale of Two Real Estate Markets
According to a new report from Redfin, a typical family in the San Francisco area would need to nearly triple their annual income to comfortably […]
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 […]