Apr 8, 2024 | News
Insurance companies are leveraging aerial images of homes to drop properties deemed too risky, according to a report by The Wall Street Journal. Consumer advocates are concerned that customers are not always able to challenge images that could be out of date or...
Apr 8, 2024 | News
The COVID-19 pandemic radically changed the housing market: As hoards of Americans picked up and moved, home prices reached all-time highs, inventory hit all-time lows, and a shortage of homes for sale has persisted ever since. But that’s finally shifting. A...
Apr 8, 2024 | News
Getty Images Despite fears of a looming recession, unemployment remains low. That’s both very good and very bad for the housing market. The U.S. added more than 300,000 jobs in March, the Labor Department reported on Friday. That brought the unemployment rate down to...
Apr 8, 2024 | News
With the Easter holiday last week, data for housing inventory, new listings and the pace of new contracts started all took a breather from their growth pace. Each of those notched down from a week ago and compared to a year ago. This is a holiday effect and it should...
Apr 8, 2024 | News
Fast-growing, publicly traded The Real Brokerage announced Monday that it had reached a settlement agreement with the plaintiffs in the Umpa commission lawsuit. The Umpa suit is the only commission lawsuit in which Real has been named as a defendant. The brokerage...
Apr 8, 2024 | News
Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National Association of Realtors. In a note...
Apr 8, 2024 | News
Cap rates in the single-tenant net lease sector increased for the eighth consecutive quarter within all three major sectors in the first quarter of 2024, the Boulder Group reported. Single-tenant cap rates increased to 6.42% (up seven basis points) for retail, 7.60%...
Apr 8, 2024 | News
Newly built homes reach their smallest median size in 13 years in 2024 As April heralds New Homes Month, the housing industry witnesses a trend towards smaller dwellings, aligning with buyer preferences and striving to make homeownership more accessible to families...
Apr 8, 2024 | News
Based on a new report by global property consultant JLL, as demand for high-quality and differentiated office assets intensified during the pandemic, highly amenitized office buildings are expanding their outperformance against the broader market, particularly those...
Apr 8, 2024 | News
Spiking 24 percent from just 1 year ago Based on new data from Redfin, the median down payment for U.S. homebuyers was $55,640 in February 2024. That’s up 24.1% from $44,850 a year earlier–the largest annual increase in percentage terms since April 2022....
