In the business world, numbers and statistics provide a concrete foundation for decision-making and projecting future trends. In commercial real estate, there are myriad numbers to remember, but one stands out above the rest: size.
Browsing: General Real Estate News
A recent Gallup poll revealed that 34% of Americans believe real estate is the best long-term investment, while only 18% think that stocks or mutual funds are the best strategy. Both investment options have their own advantages and disadvantages, so it is essential to understand these before making an informed decision.
The US housing market is experiencing a resurgence in foreclosures, reflecting the increasing cost of living across the nation. The trajectory of foreclosures has been upward in recent months, with a 7% increase from April and a 14% rise from the previous year in May, amounting to 35,196 properties as per the records of ATTOM, a real estate data provider.
Post the pandemic standstill, eviction applications by landlords have skyrocketed, fueled by increasing rents and a sustained deficit of affordable housing. Low-income tenants, now bereft of pandemic aid that kept them housed, are struggling to recover as they are unable to secure stable employment or their income has failed to match the escalating expenses of rent, food, and other essentials.
Despite millennials having reached their prime home-buying years, they are being sidelined by their more affluent parents who are preventing them from purchasing their first homes. The proportion of millennial homebuyers exceeded that of boomers between 2014 and last year. However, the boomer generation has recently reestablished itself as the leading home-buying demographic in the U.S.
Following approximately four years of community discussions revolving around short-term rental properties, the Dallas City Council enacted zoning regulations, effectively eliminating such rentals from single-family districts.
The US housing market has reached a tipping point where over three-quarters of homes listed for sale are now priced beyond the means of middle-class buyers, according to recent findings from the National Association of Realtors and Realtor.com.
In a world where the intersection between politics and real estate rarely gains any notable attention, the long-standing friendship between…
Commercial real estate (CRE) sectors have encountered a series of challenges, with a considerable number of CMBS maturities coming due.…
The COVID-19 pandemic has been a game changer in many aspects of the economy, including the commercial real estate market.…