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 […]
Real Estate Giants Move Up the Fortune 500 List
Buoyed by a hot global property market, real estate giants CBRE and Jones Lang Lasalle are moving up on the Fortune 500 List. CBRE, the […]
Amazon Partners with Lennar to Showcase Alexa Smart Homes
The world’s top online retailer – Amazon – announced this past week a unique nationwide marketing partnership with Miami-based Lennar Homes, the nation’s largest homebuilder […]
Facebook Leases 1 Million Square Feet in Sunnyvale
Social media giant Facebook has leased more than 1 million square feet in Sunnyvale, reported the San Jose Mercury News. The deal was arranged through a […]
Mortgage Rates Reach a 7-Year High
Based on Freddie Mac’s latest Primary Mortgage Market Survey, after plateauing in recent weeks, U.S. mortgage rates reversed course and reached a new high last […]