In 2016, Chinese real estate investors spent a massive $101.4 billion dollars on U.S. property. That number is expected to drop to $80 billion in 2017, but it will still rank among the top three highest levels of investment in history. The 2017 investment projection is based on data from Juwai.com — the top Chinese […]
Check Inman every day for the daily version of this market roundup. Day-by-day market activity: Friday, July 7 U.S. Bureau of Labor Statistics Employment Situation Summary Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care, […]
While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping every week’s noteworthy deals that didn’t make it into print (and some that did) for your perusal. We missed you last week! June […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, July 6 Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week […]
Redfin is testing a new program that allows homeowners to sell a property to Redfin for as little as a 7 percent commission. The high-tech Seattle-based brokerage revealed the service, called “Redfin Now,” in a recent filing for an IPO of $100 million. Its synergies with Redfin’s existing services and technology are extensive and position the […]
As far as Mike Barnett is concerned, “the day the music died” wasn’t February 3, 1959 — a fateful day in music history when a plane crash took the lives of rock ‘n’ rollers Buddy Holly, Ritchie Valens and the Big Bopper. For him, the music died in the mid 1980s with the advent of […]
Real Trends has released its 2017 America’s Best Real Estate Agents list on the heels of its national rankings. The list, which is sponsored by Zillow Group and Trulia, ranks the most productive real estate agents by state and metropolitan area based on closed transaction sides and closed volume. More than 12,000 real estate agents from […]
When it’s time to put a home on the market, that homeowner checklist immediately becomes a hundred miles long. Where to start? Source: click here
Favorable conditions in the real estate market can actually complicate business for top real estate agents. At that point, any agent, experienced or not, can come out of the woodwork and snatch up a listing — and the market will take care of it because it’s accelerating so fast. In addition, the cost of business goes up […]
Real estate has its ups and downs, like any investment, but when you’re dealing with a bubble, the risks are much higher. Many people are hesitant to invest under such circumstances because the risk of loss is high. However, if you’re struggling in real estate now, the problem isn’t a housing bubble. What is a […]
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