Updates from the Corporate Real Estate World: CBRE, JLL, Zillow and Others
CBRE Q3 Results Beat EstimatesThe world’s largest real estate firm reported revenue of $5.93 billion for the quarter, compared to analyst estimates of $5.73 billion, […]
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Household Wealth Drives Demand for Vacation Homes
According to the National Association of Realtors’ 2019 U.S. Vacation Home Counties Report, increased financial wealth and low mortgage rates boosted the demand for and […]
African American Families Could Afford Just 25 Percent of Homes for Sale
Just 25 percent of homes for sale in 2018 were affordable to the median African American household, down from 39 percent in 2012, according to […]
Opinion: Limit the Term Length of Rent Control
The State of California recently enacted a State-wide rent control program that caps rent increases to 5 percent above the rate of inflation, according to […]
Redfin Identifies Housing Markets Most Affected by a Possible Recession
According to a report by Redfin, some metros are more vulnerable than others to a housing downturn. Redfin reviewed a number of factors (such as median […]
The 2019 Top Ten Global Retirement Destinations
Panama topped the list of the 10 leading retirement destinations around the globe, according to International Living’s newly released Annual Global Retirement Index for 2019. […]
Cushman & Wakefield Loses $1.3 Million Appeal of an Age Bias Verdict
A federal appeals court has upheld a $1.3 million jury verdict in an age-bias suit that alleged the real estate firm Cushman & Wakefield unlawfully […]
The Average Daily Rate at U.S. Hotels is $129, Says STR
U.S. hotels reported mixed performance results during the second week of February, according to a report by STR, which was cited by Hotel News Resource. […]
Reports: Higher Borrowing Costs & Added Inventory Threaten Office Market
A pair of recent reports indicate that higher interest rates and a healthy pipeline of new office space will increase vacancy rates and undermine commercial […]
Real Estate Company News Updates: CBRE, Cushman, Keller Williams & Others
CBREGlobal real estate firm CBRE announced that it agreed to collaborate with Johannesburg-based Excellerate Property Services to form a joint venture named CBRE Excellerate in […]