Tag Archives: Markets & Economy

Engel & Völkers expands brand with new Portland, Oregon, office

By | | Uncategorized
Comments Off on Engel & Völkers expands brand with new Portland, Oregon, office

Engel & Völkers has entered the Portland, Oregon, market with the opening of its new location, Engel & Völkers Portland Rose City, the firm announced today. Continue reading →

President Biden’s 5% rent cap falls flat with industry leaders

By | | Uncategorized
Comments Off on President Biden’s 5% rent cap falls flat with industry leaders

President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters. Continue reading →

Elevated mortgage rates drive homebuilder confidence downward

By | | Uncategorized
Comments Off on Elevated mortgage rates drive homebuilder confidence downward

Homebuilders exhibited little optimism as the housing market showed little improvement month-to-month, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. Continue reading →

4 ways homesellers can maximize their home’s appraisal value

By | | Uncategorized
Comments Off on 4 ways homesellers can maximize their home’s appraisal value

Fair housing expert Dr. Lee Davenport says that your low appraisal may have nothing to do with the lack of landscaping. Continue reading →

Eviction filings skyrocket 25% above pre-pandemic norms

By | | Uncategorized
Comments Off on Eviction filings skyrocket 25% above pre-pandemic norms

Fast-growing rents and disappearing rental assistance programs have given way to a concerning rise in eviction filings compared to pre-pandemic norms, “The Wall Street Journal” revealed on Monday. Continue reading →

Housing inventory is climbing back. So why are leads still lagging?

By | | Uncategorized
Comments Off on Housing inventory is climbing back. So why are leads still lagging?

Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what’s working in still-tight markets in new responses from the Intel Index survey. Continue reading →

Will falling mortgage rates juice the housing market? The Download

By | | Uncategorized
Comments Off on Will falling mortgage rates juice the housing market? The Download

As financial targets pave the way for interest rates to (finally) fall, the real estate industry is cautiously optimistic about a late-year boost. Continue reading →

King Charles III purchases NYC Billionaires’ Row condo for $6.6M

By | | Uncategorized
Comments Off on King Charles III purchases NYC Billionaires’ Row condo for $6.6M

News of the condo’s acquisition came after “His Majesty the King in Right of Canada” was listed as a buyer in the Steinway Hall portion of the property.  Continue reading →

Top 6 essential luxury real estate trends of 2024

By | | Uncategorized
Comments Off on Top 6 essential luxury real estate trends of 2024

Stay ahead of the market with Chris Pollinger’s top 6 luxury real estate trends of 2024. Learn what luxury clients are seeking and how to cater to their discerning taste. Continue reading →

Median sales prices rise for 9th week despite slowing demand

By | | Uncategorized
Comments Off on Median sales prices rise for 9th week despite slowing demand

The median U.S. home sale price rose for the ninth consecutive week, hitting an all-time high of $397,482 during the four weeks ending July 7. A Redfin report published on Thursday said the upward climb in median sales prices contrasts with weakening h… Continue reading →