The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to a range of 4.75% to 5%, turning an important corner in the central bank’s fight against... Read more »
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week’s “dot plot” says about expectations for the pace of future cuts.... Read more »
Corcoran told Yahoo! Finance she doesn’t believe the effects of the settlement will be as earth-shattering as many make them out to be, but that “the confusion it’s causing is amazing.” Join... Read more »
Running an Airbnb in L.A. has never been more profitable. As the city tries to crack down on illegal listings, and advocacy groups complain about the company’s effect on L.A.’s housing crisis,... Read more »
Compass has recruited New York-based brokers Tom Postilio and Mickey Conlon. Meanwhile, eXp added Calgary-based Sahil Chhabra and his team to its ranks. The moment has arrived — the moment to take... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email ‘Big Short’ traders Danny Moses, Steve Eisman, Vincent Daniel and Porter Collins join ‘Fast Money’ to talk their portrayal... Read more »
CBRE arranged the sale of nine individual Big Lots store locations in Southern California and Florida to two buyers, Robhana Group and Reliable Properties. CBRE’s retail investment property sales team led by Alex Kozakov and Patrick Wade represented the... Read more »
The value of all residential real estate worldwide is approximately $200 trillion. Of this, the U.S. accounts for approximately 23%. Every year, transaction volume in the U.S. exceeds $1.5 trillion. The numbers are staggering... Read more »
Large apartment complexes house about a quarter of renters across California, with the bulk of the state’s tenants living in small buildings owned by mom-and-pops. The largest California rental complexes, those with... Read more »
I see a fork in the road coming in the real estate industry. I see it when I drive far out from cities, in places they used to call “the country,” and... Read more »