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Private equity firms have been making significant inroads into the residential property market, a trend that has led to some shocking statistics. https://www.nar.realtor/sites/default/files/documents/2023-home-buyers-and-sellers-generational-trends-report-03-28-2023.pdf According to a study by Business Insider, during the third quarter, these […]
Christian Candy — who developed London’s famed One Hyde Park with his brother Nick — has chopped the price of his Bahamas estate to $67.5 million, down from its initial asking price of $75 million […]
The tides are turning for some of the nation’s real estate markets that weathered a tough 2023, as projections indicate a promising double-digit surge in home sales there for 2024. According to new Realtor.com data, […]
US homebuyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America published on Monday. About 62% of respondents said they would wait for borrowing […]
Miami-based Eagle Property Capital Investments and Mexico City’s Promecap have made waves in the real estate realm by successfully raising a staggering $309 million for a dynamic investment fund specifically honing in on multifamily properties […]
SL Green CEO Marc Holliday should have plenty to crow about on the leasing front at Monday’s annual investor conference call. In a just-signed, 270,000 square-foot mega-deal, sources told us, investment bank PJT Partners converted […]
We weren’t exaggerating when we recently foresaw a “rolling thunder” cavalcade of large new office deals by year’s end. But the largest was one we didn’t see coming: a 445,000 square-foot expansion by Wells Fargo […]
The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%. The self-employed homebuyer found an $800,000 home in Texas, but with […]
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has made the rounds this week on Capitol Hill, providing testimony to Congress in their semi-annual reviews of the CFPB. On Thursday, Chopra took questions from members […]
What a week! Mortgage rates almost fell below 7%, the 10-year yield is below 4.25% again, and people are seriously talking about Fed rate cuts in 2024. Times can change quickly, which is why we […]
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