Weekly News Roundup Shopping Mall Comeback High-end malls are nearly fully occupied and rents are rising. Leasing is even starting to pick up in second-tier properties, as expanding retailers jockey for limited available space. Business is so good at Westfield malls that its European owner, Unibail-Rodamco-Westfield, has decided to stick around the U.S. The Paris-headquartered…
Weekly News Roundup Secret Mortgage Blacklist Condominium owners across the country are facing a paralyzing problem: They can’t sell their properties because of a fast-growing and mostly secret mortgage blacklist. The blacklist is maintained by Fannie Mae and includes condo associations that the mortgage finance giant thinks don’t have adequate property insurance or need to…
Weekly News Roundup One-Stop Shop for Home Buyers The competition to offer home buyers one-stop shopping, from searching for a home and securing a mortgage to closing the deal, is about to heat up. Mortgage giant Rocket agreed to buy real-estate brokerage Redfin in a deal that values the target at $1.75 billion, the companies…
Weekly News Roundup Big Metro Differences in Housing Stark regional differences are opening up in the housing market. Buyers have the power to demand big price cuts in some parts of the country, but still face bidding wars in others. Inventory has shot above 2019 levels in a handful of areas. In Texas, the number…
Weekly News Roundup Home Buyers Gain Leverage Home buyers have the most leverage over sellers in years. The bidding wars of the past half decade are fading in many parts of the country. Instead, today’s buyers say they are finding sellers willing to lower prices or throw in extras to sweeten the deal. The average…
Weekly News Roundup Home Shadow Inventory Growing An uptick in December delistings is the latest sign of dysfunction in America’s housing market. Nearly 73,000 homes were pulled from sale after they failed to find a buyer in the final month of last year, data from real-estate analytics firm CoreLogic show. Delistings tend to spike in…
Weekly News Roundup Eldercare Turnaround Senior housing has been one of the biggest disappointments for commercial real-estate investors. Now thanks to millions of aging baby boomers, that may be about to change. The oldest boomers turn 80 in less than a year. And by 2030, the U.S. population 80 years and older is expected to…
Weekly News Roundup Luxury Real Estate Trends Growing demand for indoor-outdoor spaces, affluent women leading decisions in the market and an increased need for multi-generational living are among the expected trends for luxury real estate in 2025. This is according to the Coldwell Banker Global Luxury program, which recently released its 2025 Trend Report. Gen…