Author Archives: Ben Verde

New build-to-rent homes hit a new high in 2023

By Ben Verde | April 18, 2024 - 8:30 pm |April 18, 2024 Uncategorized

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A total of 27,500 build-to-rent houses in the United States were completed in 2023, according to a new report from RentCafe. Continue reading →

Existing-home sales drop in March as high rates stun homebuyers

By Ben Verde | April 18, 2024 - 2:43 pm |April 18, 2024 Uncategorized

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Existing-home sales retreated 4.3 percent between February and March to a seasonally adjusted annual rate of 4.19 million, according to data released Thursday by the National Association of Realtors. Continue reading →

Coastal cities lead as single-family rent growth soars to 10-month high

By Ben Verde | April 17, 2024 - 4:24 pm |April 17, 2024 Uncategorized

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Rental price growth for single-family apartments surged 3.4 percent in February, with Boston, Seattle and New York City rising fastest among U.S. cities, according to CoreLogic data released Tuesday. Continue reading →

Sun Belt property managers merge as Bryten Real Estate Partners

By Ben Verde | April 16, 2024 - 7:59 pm |April 16, 2024 Uncategorized

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Phoenix-based MEB Management Services and St. Petersburg, Florida-based Weller Management announced their merger on Monday. Continue reading →

Big Tech loses its appetite for office space, adding to landlords woes

By Ben Verde | April 16, 2024 - 4:21 pm |April 16, 2024 Uncategorized

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Tech firms such as Meta, Amazon, Salesforce and Google are offloading office space and letting leases expire. Continue reading →

West Coast tech hubs see home values skyrocket in spring market

By Ben Verde | April 15, 2024 - 4:47 pm |April 15, 2024 Uncategorized

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Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow. Continue reading →

Lessinger: Bottom line, RE/MAX settlement was ‘a great decision’

By Ben Verde | April 15, 2024 - 9:00 am |April 15, 2024 Uncategorized

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Inman caught up with RE/MAX LLC President Amy Lessinger to discuss her first few months on the job and her vision for the road ahead. Continue reading →

More and more renters believe they will never own a home

By Ben Verde | April 12, 2024 - 4:16 pm |April 12, 2024 Uncategorized

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Thirty-eight percent of renters don’t believe they will ever own a home — up from 27 percent less than a year ago, according to Redfin. Continue reading →

Single-family home sales to investors hit all-time high

By Ben Verde | April 11, 2024 - 4:56 pm |April 11, 2024 Uncategorized

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United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market. Continue reading →

Apartment stocks surge following $10B Blackstone bet

By Ben Verde | April 10, 2024 - 8:39 pm |April 10, 2024 Uncategorized

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The Bloomberg REIT Index recorded its largest single-day gain since December on Monday. The largest gains, unsurprisingly, were recorded by AIR Communities, also known as Apartment Income REIT. Continue reading →