Real Estate News Headlines Forever Renters Rise in Housing Housing Slowdown in Charts Upzoning for High-Density Housing Forever Renters Rise in HousingMany who would traditionally be homeowners have become long-term renters, including some with no plans to ever buy a home. Sustained high interest rates in the U.S. have made mortgages unpalatable to many….
Real Estate News HeadlinesOffice Building Stocks Up BigWho is Buying Farmland?Interest Rates Fall, Housing Demand Rises Office Building Stocks Up Big Shares of battered down office landlords had their biggest one-day rally in three years last week, after inflation data came in lower than anticipated and expectations rose that the Federal Reserve was done raising interest…
Real Estate News HeadlinesMezzanine Debt TroublesRise of the New Big Four CitiesBig Change for Residential Brokerage Fees?Mezzanine Debt Troubles Lenders this year have issued a record number of foreclosure notices for high-risk property loans. Some overly aggressive real estate investors are in trouble partly due to the rise in interest rates. Many of these loans…
Real Estate News HeadlinesRise of Strip Mall PropertiesLoan Sale Reprices Commercial Real EstateCommercial Real Estate Q3 CommentaryRise of Strip Mall Properties Strip malls are rising in value. Suburban shopping habits have changed with more people working at least part time from home. People who previously drove straight to the office after school drop-off are now…
Surge in Data Centers from AI Excitement over artificial intelligence is powering a boom. Developers are rushing to build hundreds of data centers, especially those with the high power and cooling systems that AI servers need. Blackstone, for one, has grown its data-center development pipeline to more than $15 billion from only $1 billion in two…
Weekly Real Estate News Headlines Home Buying Crashing Home buying activity is crashing as mortgage rates rise. Pending home sales for August plunged 7.1% from the month before, according to the National Association of Realtors. On a yearly basis, pending transactions were down by 18.7%. Every region recorded a drop. Signings in the Northeast declined…
Recent real estate news headlines… The Big Short Investor Predicts Defaults Famous investor Kyle Bas portrayed in the popular book The Big Short is in the news again. Once again he is making a real estate market prediction. This time he predicts commercial real estate and the office property sector will cost banks as much as $250 billion…
This week’s newsletter headlines: Artificial Intelligence Improves Office Property Occupancy; Home Sales Rise Unexpectedly; Disasters Driving Property Insurance Costs Higher. AI Improves Office Occupancy For the office property sector in the second quarter vacancy fell to 18.8% and rent grew by 0.2%. Helping drive this improvement Artificial intelligence (AI) investment rose in the tech sector….