Blackstone Group Creates the World’s Largest Real Estate Fund
Private equity firm Blackstone Group said it created the world’s largest real estate fund, amassing a total of US$20.5 billion to be invested in property […]
U.S. Home Prices Increased 3.6% Year Over Year in July
CoreLogic’s latest Home Price Index and HPI Forecast for July 2019 shows U.S. home prices rose both year over year and month over month. Home […]
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 […]
Mortgage Rates Inch Up from their 3-Year Lows, Says Freddie Mac
According to the FreddieMac Primary Mortgage Market Survey, U.S. mortgage rates inched up slightly from their recent three-year lows. However, rates are significantly lower than […]
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 […]
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 […]