Los Angeles is the Preferred Destination for Wealthy Chinese Home Buyers
The U.S. is the top destination among Chinese millionaires looking to move their families and money, to another country, according to a new study by […]
Despite Slower Growth Rates, Rents Still Moving Faster than Wages
Rent growth in the U.S. slowed slightly to 3.7% as of May 2018, down from 3.8% in 2017, according to Realtor.com, citing figures from the […]
Mortgage Rates Resume Downward Direction
Mortgage rates inched back over the past week and have now declined in three of the past four weeks. Freddie Mac reports the following national […]
Cushman & Wakefield Files for IPO
Cushman & Wakefield, one of the oldest and largest global real estate services providers, has filed a preliminary prospectus to take the company public, reported […]
The Median Home Price in California Reaches a Record High of $600K
According to the California Association of Realtors, California’s median home price reached a new high of $600,860 in May 2018, up 2.8 percent from April and […]
The Typical Home Now Sells within 34 Days, Says Redfin
According to Redfin, across 174 U.S. housing markets, the typical home sold in May 2018 went under contract in 34 days, breaking April’s record of […]
Amazon Launches Alexa for Hospitality at Select Marriott Hotels
Amazon.com announced on Tuesday that it has partnered with Marriott International to help increase guest access to amenities with Alexa, through its voice-controlled device Echo, in an attempt […]
Facebook to Build a 970,000 Square Foot Data Center in Utah
Facebook will build a nearly 1 million-square-foot data center at the foot of Utah’s Lake Mountains, state officials said Wednesday. Gov. Gary Herbert predicted the new […]
Newmark Group Acquires RFK Retail Holdings
Newmark Group announced that it has agreed to acquire RKF Retail Holdings and subsidiaries which make up the RKF brand, according to the PR News […]
CBRE Wins Bid to Manage a 720K Square Foot Complex in Downtown Los Angeles
CBRE beat out rivals JLL and Lincoln Property Company to manage 720,000 at the mix-use development known as the Bloc in downtown Los Angeles, reported […]