New data suggests ‘serious’ real estate market correction – Washington Examiner
In a dramatic shift from just a few months prior, the once-hot real estate market is quickly cooling as home sales fall off due to soaring mortgage rates, experts say, ushering in an awaited correction. Pending home sales in the United States dropped 35% in recent weeks compared to the same time last year, according […]
Virginia Tech real estate program is now a department; more . . . – Cardinal News
Here’s a roundup of education briefs. Want more education news? There’s no full-time reporter west of Richmond covering education K-college. You can help fix that. Help us fund this position. * * * Virginia Tech now has a Department of Real Estate The Blackwood Program in Real Estate within the Virginia Tech Pamplin College of Business became the […]
SoCal real estate agents react to latest Fed hike – Spectrum News 1
SEAL BEACH, Calif. — “Could mortgage rates reach 10%?” wonders Abby Ronquillo, the founder and CEO of NetRealty, a real estate brokerage in Corona. What You Need To Know Local real estate agents say the Federal Reserve’s recent rate hike will probably increase mortgage rates The Fed hiked interest rates by 75 basis points for […]
Judge orders independent monitor to oversee Trump’s real estate empire – The Guardian US
A Manhattan judge said Thursday that he would appoint an independent monitor to oversee Donald Trump’s real estate empire. The move will restrict his company’s ability to freely make deals, sell assets and change its corporate structure. Judge Arthur Engoron ordered the outside watchdog for the Trump Organization as he presides over a lawsuit in […]
Walter Soriano’s WSLM Advises Clients to Prepare for a Real Estate Market Downturn USA – English – USA – English – PR Newswire
WSLM has advised its clients and investors that the firm expects a downturn in real estate prices in 2023, following the changing local and global market conditions. Subsequently, Soriano expects a rise in rental prices and new opportunities for investors after the market corrects itself. LONDON, Nov. 3, 2022 /PRNewswire/ — Walter Soriano London Management, […]
Delaware County real estate firm lays off 166 as housing market slows – The Philadelphia Inquirer
Whenever the the housing market slows significantly, layoffs in the mortgage industry follow. And that’s what happened Tuesday at Radian Group Inc., a Wayne firm that sells mortgage insurance and provides other services in the residential real estate industry. Radian told state regulators that it planned to lay off 66 employees at its Delaware County […]
Real estate agent’s clever response to ‘sleazy’ creep’s messages goes viral on TikTok – New York Post
A Melbourne, Australia-based real estate firm has devised an ingenious way to deal with “sleazy” clients cracking onto its agents. Create Real Estate recently took to social media with a screenshot message thread from a person looking to rent a property. The man named ‘John’ said: “I saw your profile on realestate.com – I was […]
John Lawrence Frames A New Way To Do Real Estate – The Real Deal
Photo of The Lawrence Team For industry veteran John Lawrence, real estate has always been about more than buying and selling homes. It’s about achieving the financial goals of clients and the professional aspirations of the talented agents who seek out the often daunting but always rewarding New York City real estate market. John’s own […]
In Real Estate, 2022 Has Been The Year Of Moving Farther Away – Forbes
In 2022, the median American home buyer moved a distance of 50 miles from their previous residence. Getty Images For decades, Americans moving into new homes stayed pretty close to where they’d been living. In the 33 years that such records have been kept, the farthest median distance they moved from one house to another […]
Xeal Secures $40 Million To Bring EV Charging Points To Real Estate Firms – Forbes
Alexander Isaacson Xeal Xeal, an electric vehicle charging start-up, has bagged $40 million in funding as it prepares to expand in the US. New York-based Xeal links up with real estate firms and property developers to install its EV charging units and software at apartment buildings and office blocks. The Series B round was led […]
