The study provides a fact-based grounding for the concept of “climate gentrification,” a phenomenon in which a region experiencing climate change will see property values…
Posts published in “Markets & Economy”
Are we in a housing bubble? That’s a big question that’s constantly on the mind of everyone in the industry. One financial analyst thinks so,…
Nonfarm payroll employment increased by 213,000 in June but overall unemployment in the country rose 0.2 percent to 4 percent last month Source: Inman News
As this month brought word that the Federal Reserve had lifted the benchmark federal funds rate by a quarter of a percent, the doom-and-gloom scenarios began…
Based on a model similar to popular iBuyers such as Knock and Opendoor, Felix Homes offers to buy a homeowner’s house for a prearranged price. …
Commercial real estate company RXR Realty is launching a $50 million fund focused on real estate tech. Source: Inman News
The firm, which focuses on luxury residential properties and ranks fifth among the largest brokerages in the country, just launched Pacific Union Commercial in Los…
Pending home sales were down 0.5 percent month-over-month, and down on an annualized basis for the fifth straight month, according to NAR. Source: Inman News
Homesellers are reaping the benefits of steadily skyrocketing home prices, especially on the West Coast, according to a new report from Zillow. Source: Inman News
If you’re living in San Francisco, $117,400 a year might still not be enough to get you out of the low-income category as determined by…