news aggregator

Canary Wharf owners’ credit rating cut deeper into ‘junk’ territory  The Guardian

Fifty-four percent of boomers who own their homes said they planned to live in them until they die, according to a new survey by Clever Real Estate.

New England city claims title of the hottest housing market in the country— for the 29th time  New York Post

Artificial Intelligence (AI) is no longer a concept of the future; it’s a tool that’s transforming industries right now, and real estate is no exception. Many agents may feel apprehensive about AI, fearing that it will replace the human touch that is so critical to success in our field. But here’s the good news, AI…

The post Think AI Will Replace You? Think Again—Here’s How It Will Help appeared first on RISMedia.

Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage rates hit their lowest level in six weeks and a 25-basis point interest rate cut by the Federal Reserve is likely in the offing. This week’s latest mortgage application data from the Mortgage Bankers Association’s…

The post Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week appeared first on RISMedia.

After learning that Amazon founder Jeff Bezos was behind the entity that had purchased his Indian Creek Island home at a $6 million discount, homeseller Leo Kryss was not pleased with the brokerage, which double-ended the deal.

In the new normal, open houses have once again become one of the most valuable lead sources available, team leader Carl Medford writes. Here's how to run one the right way and make the most of the opportunity it presents.

UK portal Rightmove's board of directors has unanimously rejected News Corp subsidiary REA Group's $7.32 billion acquisition bid, saying it "fundamentally undervalues" the company's current and future prospects.

NextHome has become the latest brokerage to strike a settlement agreement with seller plaintiffs in ongoing commission lawsuits, joining more than a dozen other defendants who have negotiated deals in the largest Burnett copycat case (known as Gibson) led by star trial attorney Michael Ketchmark. A judge paused all upcoming deadlines after NextHome and plaintiffs’…

The post NextHome Settles Seller Lawsuits in Ketchmark Copycat appeared first on RISMedia.

In a seemingly positive sign for consumers, inflation has now posted the lowest recent annual increase two months in a row.  Previously, in July 2024, the Consumer Price Index (CPI)—key inflation gauge assembled by the U.S. Bureau of Labor Statistics—rose only 2.9% year-over-year. In the latest CPI for August, the index rose by 2.5%, continuing…

The post Inflation Continues Decline in Latest Consumer Price Index appeared first on RISMedia.

They’re the yangs to the high-mortgage-rate yins. The homeowners who have the 3% – 4% 30-year mortgage rates and have, over the last few years, refused to vacate, logically in most cases as they have not wanted to take on new mortgages in the 6% – 8% range. All evidence points to a rate cut…

The post Seller Dwellers: As Mortgage Rates Decline, Will They Finally Plant ‘For Sale’ Signs? appeared first on RISMedia.

Outcry over plans to turn part of Dalston's Ridley Road shopping village into 'slum' flats  Evening Standard

Outcry over plans to turn part of Dalston's Ridley Road Market into 'slum' flats  Evening Standard

State of NJ - Department of the Treasury - Division of Taxation  NJ.gov

Worst Economic Crisis in US History: A Look at the Great Depression & Beyond  Norada Real Estate Investments

IPE Real Assets recognizes PATRIZIA as #1 European real estate investment manager.  Patrizia AG

Commercial property market should be more optimistic, but it still needs to change  Workplace Insight

US in Economic Crisis: Causes, Effects, and Preparedness Strategies  Norada Real Estate Investments

Advice on privacy matters when buying a property in London  Farrer & Co

United States Housing Bubble: Are We Headed for Another Crash?  Norada Real Estate Investments