The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading
“The key takeaway is this,” CEO Mauricio Umansky said of this year’s report. “Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation.” Continue reading
Some cities have seen work-from-home policies persist well beyond the pandemic’s first year. See the places most transformed by remote work, according to the Economic Innovation Group. Continue reading
The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as “the new normal.” And that translates to permanent changes to the housing market. Continue reading
Change is constant. Business leaders, whether in the multifamily sector or elsewhere, need to understand that and remain agile and adaptable. Continue reading
Agents can still report to the office, but Douglas Elliman has told New York administrative staff to work from home while new variant surges. Continue reading
Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading
A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Continue reading
The embattled co-working startup saw revenue increase and its losses improve while All Access memberships rose 60 percent from the previous quarter. Continue reading
Now through December, investors will have access to a limited time offer of investing in Roofstock One shares for $1,000. After that, the minimum investment will start at $5,000. Continue reading