Foreign Purchases of U.S. Homes Drop by 36 Percent
Purchases of homes by foreign buyers dropped a dramatic 36%, according to a report by the National Association of Realtors. The report found that foreign buyers […]
Apple’s HQ Assessed at $3.6 Billion
Apple’s circular headquarters in Cupertino, California was assessed at $3.6 billion by Santa Clara County for property tax purposes, according to an article in the […]
Zillow and Compass Settle Employee Poaching Lawsuit
Real estate companies Zillow Group and Compass settled a lawsuits alleging the poaching of three former Zillow employees with non-compete agreements, reported Housing Wire. Zillow […]
Small Time Investors are Crowding Out First Time Home Buyers
As if record-high home prices weren’t enough, first time buyers are increasingly contending with competition from small-time (i.e. mom & pop) real estate investors, according […]
Airbnb Estimates its 2018 Global Economic Impact at $100 Billion
Airbnb is reporting its guest community has generated more than $100 billion in estimated direct economic impact across 30 countries in one year. According to a […]
Home Sales Rise in May
May home sales ticked slightly higher year-over-year, ending a 9-month streak of declines, according to the RE/MAX National Housing Report. At the same time, inventory […]
Google to Invest $1 Billion in the San Francisco Bay Area Housing Market
In an effort to alleviate the acute housing shortage in the San Francisco Bay Area, internet-giant Google said it would allocate $1 billion toward building […]
JLL and Google Unveil a New “Voice Assistant” for Commercial Real Estate
Global real estate firm Jones Lang LaSalle is teaming up with internet-giant Google to build a voice assistant to help office workers book conference rooms […]
Largest Real Estate Deal Ever: Blackstone Pays $18.7B for 1,300 Warehouses
Blackstone has struck the largest private real estate deal in history when it signed a deal to buy the US warehouses portfolio of Singapore-based GLP […]
Colliers Real Estate Services CEO Terminated Over “Improper Trading”
Colliers International Group has fired the CEO of its Real Estate Services division Dylan Taylor for misconduct, including “improper trading activity of Colliers securities”, according to a […]