7 things investors need in an agent right now

David Parnes and James Harris of Million Dollar Listing LA share their secrets for success in helping investors in the shifting market. It will take thoughtful and savvy moves to keep investors purchasing into 2023. Continue reading

Investor activity plunged at rates similar to the Great Recession in Q3

The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros. Continue reading

How much has rent risen? About an extra 6 hours of work per month

A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth. Continue reading

JPMorgan is set to become America’s next big landlord

Weeks after the banking giant unveiled a new property management system for rentals, JPMorgan announced it’s investing in a $1 billion single-family built-for-rent venture. Continue reading

Home flippers search for ‘creative deals’ as high rates cool the market

The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey. Continue reading

Single-family rent growth slows for fifth-straight month in September

Rent remained 10.2 percent above September 2021 levels and 22.6 percent compared to two years earlier, according to the single-family rent index from property data information company CoreLogic. Continue reading

NAR chief economist expects price of office space and apartments to dip

NAR Chief Economist Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates. Continue reading

Who will be the next billion-dollar darling of short-term rentals?

Companies that choose to adapt to these emerging trends will reap the most significant rewards, and those that don’t will become relics of an old way of doing business. Continue reading