Industry News2021-10-25T11:59:25-07:00

Real Estate news curated from around the world.

Find the latest news, headlines, blogs and current events about real estate, housing, mortgages, refinancing, apr and real estate markets from California and more.

Santa Cruz plans high-rise living as a fix for sky-high housing costs — and meets opposition

By |December 7th, 2023|Categories: Industry News|

SANTA CRUZ, Calif. —  You can sense it in the ubiquitous “Help Wanted” posters in artsy shops and restaurants, in the ranks of university students living out of their cars and in the outsize percentage of locals camping on the streets.This seaside county known for its windswept beauty and easy living is in the midst of

Black-trimmed homes, tiny libraries and other signs your neighborhood is about to be gentrified

By |December 7th, 2023|Categories: Industry News|

A shift in demographics. Affordable apartments transformed into luxury condos. A coffee shop called something like “Brew Slut.”The signs of gentrification take many forms. A newly opened art gallery can serve both as a communal space and a harbinger of the displacement to come. Remodeled homes might boost a street’s curb appeal but then drive

Multifamily Opportunity, Middle-Class Wins, and Mortgage Rate Relief Arrives

By |December 6th, 2023|Categories: Industry News|

In this article Mortgage rates continue to fall as home buyer demand rises across the nation. We may be back to the times of bidding wars, “rapid appreciation,” and houses going under contract in days. But, most Americans are still sitting on the sidelines, thinking that real estate prices are too expensive to get in.

GDI is Showing a Weak Economy—Are We Measuring Things Right?

By |December 6th, 2023|Categories: Industry News|

In this article There have been a lot of interesting threads in the economic space lately. The biggest stories have surrounded attempts to predict what the Federal Reserve will do in 2024.  From what I can tell, many economists and investors are somewhat bullish on housing going into next year, with most suggesting that if

The Fed Will Cut Rates Six Times in 2024 Says Top Firm—What Will This Mean For Housing?

By |December 6th, 2023|Categories: Industry News|

In this article ING Economics, a top financial and economic analysis think tank, released a report last week that boldly predicted that federal interest rates will likely be cut six times in 2024. ‘’We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025’’, the report said. This is a big

New Legislation Proposes to Take Wall Street Out of the Housing Market

By |December 6th, 2023|Categories: Industry News|

A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.Democrats in Congress have introduced a bill in both houses of Congress on Tuesday to ban hedge funds from buying and owning single-family homes in the United States.The bill would require hedge funds, defined as corporations,

Remote Work Sparks Rise In “Bi-Residential” Living

By |December 6th, 2023|Categories: Industry News|

Remember when a second home connoted a dwelling owners used occasionally, on the limited times annually when the family traveled from their primary residence for a vacation? That paradigm is being supplanted by the concept of “bi-residential” living, in which the modern second home rises to the status of an equal or near-equal of the

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