A federal jury in Kansas City last week in the Sitzer/Burnett case found the National Association of Realtors (NAR) and other national brokers guilty of “colluding to inflate real estate…
Blog
Newsletter:
Get ready for more office-to-residential conversions in 2024
The White House last week announced several initiatives to encourage more office-to-residential conversions across the country. Here are some of the highlights from the announcement: The Department of Transportation (DOT)…
Meet the 8% interest rate, it’s here to stay say experts
Ana Teresa Solá of CNBC reports now that the average 30-year fixed mortgage rate hit 8% for the first time since 2000. Now, the typical homebuyer must earn $114,627 to…
China’s woes could benefit US real estate
Mark Heschmeyer of CoStar opens us up this week, outlining that distress in the office market is starting to trickle into bank portfolios. The CFO of PNC, for instance, noted…
Buying a home is more stressful than dating, survey
Alicia Wallace of CNN starts this week with commentary on the unusually strong jobs report. The economy added 336,000 jobs in September, well above the expectation of 170,000 jobs. Further,…
The downfall of the sellers market
Matthew Rothstein of Bisnow reports on the regional bank pullback from commercial loans in Q2, which is the lowest volume observed since record-keeping began in 2011. Further, loan extensions have…
Scales tip toward rentals over buying heading into 2024
Fannie Mae released a market update last week, highlighting that the likeliest scenario for the economy is a mild recession as inflation and the labor market cools. Doug Duncan, Chief…
Apartment supply highest since the 1970s
Today, the Federal Reserve decided to pause interest rate hikes, according to CNBC. Further, Fed Chairman Jerome Powell noted that there may be fewer rate cuts projected in 2024 due…
Average equity loss of $8,300 in Q2 2023
According to a new Redfin survey, 1 in 5 millennials say they will never own a home. About half of millennials and Gen Zers who believe they will never own…








