Tag Archives: News Brief

Amid market jolt, hiring continues in residential development sector

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Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading →

Panthers owner seeks bankruptcy protection for his real estate firm

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A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading →

Opendoor aims for 2-minute pre-approvals with new app

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The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading →

Zombie foreclosures post 1st increase since moratorium’s end

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The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading →

Developer rolls the die with Tokyo iconic ‘cube’ tower demolition

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After a 15-year effort to save Toyko’s Nakagin Capsule Tower, developers are demolishing the building. But Nakagin’s final residents believe it’s a mistake. Continue reading →

Developer rolls the die with Tokyo iconic ‘cube’ tower demolition

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After a 15-year effort to save Toyko’s Nakagin Capsule Tower, developers are demolishing the building. But Nakagin’s final residents believe it’s a mistake. Continue reading →

‘Stripe for real estate’ debuts today to fund Power Buyer deals

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Setpoint is the latest venture from Ben Rubenstein, a former executive of Opcity and Realtor.com. Continue reading →

Lumber prices sawed in half in 2nd pandemic-era plunge

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The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction. Continue reading →