Minneapolis and Oregon have led the way, but cities and states across the U.S. are increasingly looking at allowing multifamily units in response to supply shortages. Source: click here
Revenue generated from the short-term rental industry may have hit a saturation point, according to Scott Shatford, the founder and CEO of AirDNA, a short-term rental analytics firm. Source: click here
Reposted with permission from Mike DelPrete. In the past year, two of the U.S.’s leading portals, Zillow and Redfin, have launched iBuyer businesses. Zillow’s entry was in part a response to an existential threat to its business model, and much of the value it might derive is not from buying and selling houses at all, […]
The Quintin Group of Keller Williams merged with Resort Realty’s real estate sales division, expanding the New Jersey-based brokerage’s reach to North Carolina. The new enterprise will be known as Resort Realty powered by The Quintin Group at Keller Williams Realty Outer Banks. Source: click here
Nick Bailey’s Denver homecoming positions him as RE/MAX’s chief customer officer, a newly created role, executives told Inman. Source: click here
Central banks can see this coming, underway in several places, but they have another problem: very little room to cut rates and desperately frightened of the “zero bound.” Thus, a continuous argument worthy of Monty Python: Do we fire our limited ammunition now or save it until it’s ugly? If we don’t fire now, then […]
Long considered the epitome of wealth and status, New York penthouses are not getting snapped up as fast as they once were in the past. As first reported by the New York Post, many of Manhattan’s mega-rich no longer want to live the high life in Manhattan’s tallest structures, in part because skyscrapers are being […]
New York City real estate developer Gerald Wolkoff has appealed the $6.75M judgment in favor of the 20 artists’ whose work he whitewashed before demolishing his iconic Long Island building in 2013. Wolkoff’s lawyer, Meir Feder, argued before New York’s 2nd Circuit Court of Appeals on Friday that Judge Frederic Block wrongly interpreted the 1990 […]
Real estate experts share with Inman how 5G technology will eventually impact smart-home tech, data aggregation and our cities. Source: click here
Watch Joseph Rand outline some of the fundamental challenges facing large real estate companies and their cadres of independent contractor agents and his ideas for addressing them. Source: click here
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