Weekly Mortgage Demand Drops 11% as Interest Rates Climb
For the seventh week in a row, demand for mortgages dropped, falling by 10.8% from the previous week as high-interest rates were felt in both refinance and purchase applications. Most…
Homeowners Begin Tapping into Equity Again as Borrowing Costs Ease
From the data collected, evidence shows that American homeowners are starting to make use more of their equity with a substantive figure of $48 billion in equity withdrawals recorded in…
US home Sales Record Slowest Pace Since 2010 Post-Financial Crisis
The U.S. housing market is still in much pain, but existing-home sales now is running at its weakest since the financial crisis of 2008. NAR said total existing-home sales-the combined…
Return-to-Office Mandates Fall Short as U.S. Office Vacancies Surge
The latest U.S. office market report from Commercial Edge: Whether the return-to-office mandates of large corporations will bring about the expected rebound in office utilization remains to be seen. Meanwhile,…
Hong Kong Chief Executive Unveils Housing Measures in Annual Policy Address
On Oct 16, 2024, Hong Kong Chief Executive John Lee Ka-chiu delivers his annual policy speech to the Legislative Council-listing several measures he hopes will tackle the city's chronic crisis…
California Realtors See Brighter 2025 for Local Home Sales
A midyear assessment from the California Association of Realtors is out, and with it, comes the group's 2025 housing and economic forecast-the door is slowly opening on a rosier interest…
Ares Management Expands Real Estate Portfolio with $5.2 Billion Acquisition
Ares Management signed a definitive agreement to buy the international arm of GLP Capital Partners for up to $5.2 billion, reportedly one of the biggest deals in the private investment…
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How SWFL Real Estate be Impacted by Fed Rate cut?
While National Association of Realtors settlement might be only the first in a wave to be felt in the Southwest Florida and many other states' real estate market, the Federal…
Sales of $10 Million Homes Surge in Palm Beach, Miami, and New York
Sales of ultra-luxury homes, priced at $10 million or more, have experienced a significant surge in Palm Beach, Miami, and New York during the second quarter, contrasting with a global…
Luxury Brands Expand into Real Estate: A New Trend in High-End Marketing
Luxury brands traditionally associated with fashion and automobiles are increasingly turning to real estate as a strategic avenue for growth and marketing. Companies such as Louis Vuitton and Aston Martin…
