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 […]
U.S. Mortgage Rates Dip in Early December
According to Freddie Mac’s latest Primary Mortgage Market Survey, U.S. mortgage rates dropped in early December 2018, after weeks of moderating. Sam Khater, Freddie Mac’s […]
Is China Behind the Hacking of Marriott?
Hackers behind a massive breach at the Marriott Hotel Group left clues suggesting they were working for a Chinese government intelligence gathering operation, sources familiar […]
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 […]
Zillow Says Housing Market to Slowdown in 2019
Real estate marketplace Zillow Group said it expects the home-buying market to continue to slow in 2019, as a continued rise in interest rates hurts […]
FDIC Proposes New Real Estate Appraisal Guidelines
On Nov. 20, the Federal Deposit Insurance Corp. (FDIC), the Office of the Comptroller of the Currency and the Board of Governors of the Federal […]
Google’s Real Estate Buying Spree Continues with $1 Billion Acquisition
Just before Thanksgiving, Google purchased the Britannia Shoreline Technology Park for $1 billion, reported the Mountain View Voice. That equates to more than $19 million […]
Results of the 2018 National Association of Realtors Member Profile
In 2018, there was a continued rise in new members of the National Association of REALTORS (NAR), increasing from 1.22 million in March 2017 to […]
Housing Affordability Falls Further in Q3
Housing affordability remained at a 10-year low in the third quarter of 2018, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. “Continuing home price appreciation […]
Shares of Wynn Resorts Near a 52-Week Low on a Series of Bad News
Shares of Wynn Resorts (WYNN) have dropped near their 52-week lows over concerns on a weakening Chinese economy, lower quarterly earnings and a sexual harassment […]