Author Archives: Ben Verde

Yardi predicts weak multifamily rental growth for 2024

By Ben Verde | February 19, 2024 - 10:00 am |February 19, 2024 Uncategorized

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As a result of the delivery of 540K new apartments during 2024, Yardi is predicting weak rental price growth in some markets. Continue reading →

Legendary Atlanta agent Marsha Sell returns to Coldwell Banker

By Ben Verde | February 16, 2024 - 5:40 pm |February 16, 2024 Uncategorized

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The award-winning Atlanta agent is returning to the brokerage where she spent over 40 years of her career after an 8-year stint at Berkshire Hathaway. Continue reading →

Homeowners are staying put twice as long as they did 2 decades ago

By Ben Verde | February 15, 2024 - 8:39 pm |February 15, 2024 Uncategorized

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The typical homeowner in 2024 has spent 11.9 years in their home, up from 6.5 years in 2005, according to Redfin data. Continue reading →

Anywhere posts declining revenue, losses in ‘incredibly tough housing market’

By Ben Verde | February 15, 2024 - 2:21 pm |February 15, 2024 Uncategorized

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The real estate brokerage and franchisor posted $5.6 billion in revenue during a grueling 2023 while losses improved to $97 million, according to a full-year earnings call on Thursday morning. Continue reading →

Investors nabbed over a quarter of low-cost homes sold in Q4

By Ben Verde | February 14, 2024 - 5:40 pm |February 14, 2024 Uncategorized

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Although 26 percent of low-cost homes were purchased by investors during the last three months of 2023, the share of homes bought by investors fell. Continue reading →

Loans for commercial and multifamily buildings fell 25% in Q4

By Ben Verde | February 13, 2024 - 5:59 pm |February 13, 2024 Uncategorized

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Loans for office buildings specifically dropped 68 percent year over year and 32 percent quarter over quarter.  Continue reading →

Amid climate concerns, Redfin adds air quality risk data to listings

By Ben Verde | February 12, 2024 - 5:34 pm |February 12, 2024 Uncategorized

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Redfin will provide air quality risk data for every listing on its app and website, alongside data for wildfire, flood, wind and extreme heat. Continue reading →

Need a roomie? Zillow now allows you to list single rooms for rent

By Ben Verde | February 9, 2024 - 8:36 pm |February 9, 2024 Uncategorized

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Landlords now have the ability to list single rooms for rent on Zillow, as affordability concerns relegate more renters to living with roommates. Continue reading →

Office space fallout raises more questions about regional banks

By Ben Verde | February 9, 2024 - 6:49 pm |February 9, 2024 Uncategorized

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Regional banks are in the spotlight again as cracks begin to show in their balance sheets due to the ongoing distress in the commercial real estate sector. Continue reading →

2 multifamily operators settle in RealPage antitrust lawsuit

By Ben Verde | February 9, 2024 - 6:08 pm |February 9, 2024 Uncategorized

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Pinnacle Property Management Services and AIR have settled with plaintiffs who accused them of increasing rent prices through collusion. Continue reading →