Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City. Continue reading
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19. Continue reading
Unburdened by rate lock, the share of first-time homebuyers rose to 50 percent this year, according to a new report from Zillow. That’s the highest share since 2010. Continue reading
Experts expect U.S. companies to adjust remote work policies in the coming 6-12 months as the office market suffers. “Our cultures are different around work-life balance,” said CBRE’s Julie Whelan. Continue reading
A Florida-based couple running a real estate coaching and investment company is operating a scam that’s defrauding rookie investors, according to a handful of lawsuits filed in federal court. Continue reading
The town of Bridgehampton, where the median home price is $3.8 million, is home to one of just three remaining Kmarts. Soon it will be one of two, according to reports. Continue reading
The outlook is mixed, but “it does look like prices may have bottomed out and are on their way back up,” said CJ Patrick Company CEO Rick Sharga. Continue reading
Shareholders on Friday overwhelmingly approved a plan to merge mortgage lender Better HoldCo with the Aurora Acquisition Corporation. The deal is expected to close before the end of August. Continue reading
“We’re encouraging people to think beyond this point of the interest rate cycle,” Roofstock CEO Gary Beasley said at Inman Connect Las Vegas on Wednesday. Continue reading
“I want our industry to look more at the rental market not as something that’s completely separate and distinct from the homebuying market,” Michael Lucarelli said Wednesday at Inman Connect Las Vegas. Continue reading