Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading
The model will provide an analysis of how various factors will impact a property’s wildfire risk over the next 30 years, giving property owners better insight into their home’s future risk for wildfire. Continue reading
Financial details of the transaction were not disclosed, but the Völkers family, as well as CEO Sven Odia and CFO Thilo von Trotha, will maintain nearly 40 percent of the company’s shares. Continue reading
Beating out institutional investors in a bidding war is a lot like beating out other buyers, but with a bit of a twist. Continue reading
The company’s second fund achieved four times the amount of the its first institutional fund and boasts contributions from a number of big names. Continue reading
Here’s what the select group of agent Olympians have to say about being part of the Olympic tradition while also nurturing their real estate careers. Continue reading
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading
Scott Durkin, who has served at the brokerage since 2015, will take the helm, according to representatives who say Herman has been cultivating him for the CEO role for years. Continue reading
The company also announced it has opened a second factory in Ontario, California, and is working on a third factory, which will be its first automated facility, capable of building homes 20 to 50 percent faster than traditional methods. Continue reading
The expansion follows RedfinNow’s recent moves into other northeastern markets, including Baltimore, Washington, D.C., and Boston. Continue reading