The dreaded Z word. As agents, we have a love-hate relationship with Zillow. Whether it’s the Zestimate or their lead gen, we all have strong opinions. Check out the comments section on any real estate platform and you’re sure to understand what I mean. In this article, we’ll explore this hugely popular real estate lead […]
TruCore Investments, a commercial real estate investment company headquartered in Tulsa, Oklahoma, has acquired a two-building, 77,845-square-foot campus within Ellyson Industrial Park in Pensacola, Florida. This acquisition in Pensacola is aligned with our bespoke investment strategy in the Class B Industrial sector,” said Zach Harris, TruCore Investments managing director and partner. Completed in 1996 and […]
Stubbornly elevated mortgage rates were no match for the housing market’s inventory squeeze in September, when home prices reached — another — record high. Prices rose a modest 0.3 percent from August to September before seasonal adjustment, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The national index’s monthly gain is […]
When a major title company fell victim to a recent cyber attack, so did some Chicago-area real estate deals. Hackers have breached the systems of Florida-based Fidelity National Financial, the parent company of Chicago Title, leading to delays in closing real estate deals and affecting home sales in the Chicago area, Crain’s reported. Several real […]
The season is starting in South Florida, and luxury real estate deals are closing across the tri-county region. The latest roundup of residential sales spanned Sunny Isles Beach to Palm Beach, and ranged in price from $7.1 million to $12 million. Sunny Isles Beach Two sales closed at Estates at Acqualina, the luxury condo development […]
Email Sign Up For Our Free Weekly Newsletter Cash buyers represented 42 percent of all Miami closings in October Miami single-family home sales decreased 1.5% year-over-year, from 884 in October 2022 to 871 in October 2023. Miami single-family home sales, which saw an increase in transactions the previous month, still has a lack of inventory […]
October’s housing numbers offered more trick than treat for Brevard County residents looking to sell their homes. According to the latest data from the Space Coast Association of Realters, closed single-family home sales were down 11.6 percent year over year with 770 units closed compared to 871 in October 2022. The numbers also reflect a […]
NASHVILLE, Tenn. (WKRN) – The new RE/MAX National Housing Report is out for Greater Nashville. Sales fell again from last year. Surprisingly, prices are holding steady. News 2 took a look at what’s behind these numbers and what’s in store over the holidays. Leading apartment resource shows Nashville rent has risen 33% from start of […]
The beaches, the boating and the sunshine – it’s hard to beat living in Southwest Florida. But living in paradise comes with a hefty price tag. A new report from Redfin shows families need a 6-figure income to buy a median-priced home in Cape Coral. While the real estate market in SWFL is strong for […]
James A. Jones Jr. November 27, 2023 at 4:10 PM Dream of quitting the 9-to-5 job and running a dairy farm in rural Florida? One of Manatee County’s last two dairies, Dakin Dairy Farms, has gone on the market. The 350-acre operation is listed with SVN|Saunders Ralston Dantzler Real Estate at an undisclosed asking price. […]
News Briefs U.K. Mortgage Rates Unlikely to Fall Below 4% This Year While inflation has cooled more quickly than expected, real estate industry analysts are saying buyers shouldn’t expect mortgage rates to fall below 4% this year. Average rate deals currently sit at 6.08% (two-year deals) and 5.68% (five-year deals), and the potential for a […]
This article takes a look at AARP’s most affordable places to retire in recent years. If you prefer to skip our detailed analysis of retirement trends, you may go to the AARP’s 5 Cheapest Places to Retire in Recent Years. Retirement Trends and AARP’s Top Picks for Affordable Living The pandemic relocation trend has died […]
Sprouts Farmers Market will open a new store in Port Charlotte early next year. The store will be inside the Murdock Carousel shopping center at 2000 Tamiami Trail. The Phoenix-based grocer says the plan is for it to open to customers at 7 a.m. Jan. 12. To get ready, Sprouts is holding a job fair […]
New real estate data shows Florida cities like West Palm Beach and Orlando posting increases in new home listings, contrasting with national trends. But Jacksonville led the nation last month in canceled home purchase agreements – pending real estate deals that fell through. Meanwhile, national mortgage delinquency rates fall, with serious delinquencies at their lowest […]
Genesis Commercial Capital wants to employ the state’s builder’s remedy to build more than 800 apartments on the site of an approved 200-room hotel in north San Jose. The developer led by David Kim in L.A.’s Koreatown has filed preliminary plans to build an 804-unit complex at 7 Topgolf Drive, in the Alviso District, the […]
SARASOTA-BRADENTON, FL — Housing inventory is on the rise in both Sarasota and Manatee counties with October seeing the highest number of listings reported this year, according to a news release from the Realtor Association of Sarasota and Manatee. This is a sign that the market is returning to pre-COVID-19 pandemic norms. The group’s findings […]
To say that COVID landed a global gut-punch, scoring a direct bullseye felt in every corner, is a huge understatement. While some commercial real industry sectors were beneficiaries of this phenomenon (think logistics and cold storage), some continue to reel from the pandemic’s wrath. And in that process, underwriting has undergone changes as well. In […]
Home prices in South Florida defy the odds and keep rising despite a drop in sales Home prices in South Florida continue to climb higher despite another drop in transactions. Annual sales keep falling, a trend seen since the start of this year. Many first-time buyers blame the steady rise in prices on their inability […]