Cities with Monthly Mortgages Under $1,000
Looking to own an affordable home? Average mortgages in 6 metro areas are under $1,000 per month, according to a study by HSN, reported Marketwatch. City […]
California Makes it Easier for Homeowners to Add a Second Unit
California Governor Jerry Brown signed into law Assembly Bill 2299, which allows homeowners to add “accessory dwelling units” (ADU’s) to their existing homes. The bill, which […]
CBRE & Colliers Negotiate a Restraining Order Over Hiring of Senior Broker
The Nashville chapters of CBRE and Colliers have negotiated a restraining order that prohibits a Nashville real estate broker from accessing certain files and contacting certain people […]
Hotel Stock Index Jumps 11.8% in November, Up by 12.3% Year-to-Date
Hotel stocks have benefited from recent gains in the stock market, with the Bair/STR Hotel Index increasing 11.8% in November to 3,474, outperforming both the S&P […]
The Growing Burden of Renting: 2.7 Million Tenants Faced Eviction Last Year
The hot real estate market isn’t just posing a challenge to buyers, but also to renters. According to new research by real estate firm Redfin, an estimated […]
Cannabis Legalization Drives Up Industrial Real Estate Prices
The recent legalization of marijuana is California, Colorado and Oregon is proving to be a major boost for owners of industrial real estate properties, according […]
Real Estate Markets with the Biggest Price Reductions
Realtor.com analyzed 300 metropolitan areas for price reductions on existing real estate listings. The list was used to rank the top 10 markets with price discounts. 1. […]
Facebook to Double its Office Space in Seattle
Facebook signed an agreement with Paul Allen’s Vulcan Real Estate to be the sole office tenant of its new $246 million Arbor Blocks project, reported the Seattle Times. The […]
Home Prices Exceed 2006 Peak, but are 16% Lower When Adjusted for Inflation
U.S. Home price have surpassed their previous peak levels reached in July 2006, according to the benchmark S&P Case-Shiller CoreLogic National Index. However, the new peak […]
Ben Carson Nominated for Secretary of Housing & Urban Development (HUD)
President-elect Donald Trump has nominated retired neurosurgeon and former presidential candidate Ben Carson to the position of HUD Secretary, reported CNN. Both the the National Association […]