Here’s another major settlement that will possibly end up driving commissions lower for real estate transactions. It seems that brokers will no longer be splitting commission by default. Time will tell how this one plays out! ~ learn more
I had a very brief email exchange with them a couple years ago because they were building in my neighborhood and I was interested in investing. Luckily they told me, “We will be partnering with an institutional partner for our […]
A hot summer presents an Alabama real estate owner/operator with surprises. | learn more
“The Austin-Round Rock MSA saw 41,316 homes sold in 2021, 2.5% more than a record-setting 2020. Median home prices skyrocketed as well, rising 30.8% from 2020 to $450,000.” | learn more
Zillow’s been in the house-flipping business since 2019. After buying 3,805 homes in Q2 of this year, they are pumping the brakes. Why? They are struggling with labor, materials, and a competitive real estate market. | learn more
Prologis is the largest owner, operator and developer of industrial real estate in the United States. “Three trends are aligning to drive higher levels of automation within our facilities.” | learn more
This is about real haunted houses, not the Halloween variety. “Exploiting the unique institutional setting of Hong Kong’s real estate market, we uncover a curious ripple effect of haunted houses on the prices of nearby houses. Prices drop on average 20% for […]
Rumor has it she “wants state authorization to tax high-end professional services and raise the real estate transfer tax on the sale of $1 million-plus homes.” | learn more
A real estate developer submitted a reimbursement request to the Chicago Housing Authority for costs related to overhauling an apartment building. Included in the itemized costs was a $20k donation to the alderman. Whoops? | learn more
“A new breed of high-tech real estate flippers is using algorithms (and a healthy dose of Silicon Valley venture capital) to buy at massive scale.” | learn more