Real Estate

Real estate development, sales, and market trends.

ARTICLES

  • Single women outpace single men on the path to homeownership

    Single women own 70,000 more homes in metro areas than single men
    American wage disparity keeps the average American woman making 20 cents less than her male counterpart, but data suggests that when it comes to homeownership, single women take lead. LendingTree’s latest analysis revealed that on average, single women own around 22% of homes, compared to the less than 13% of single men.
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  • Anthony Scaramucci’s SkyBridge Capital planning big investment in Opportunity Zones

    Partners with EJF Capital to launch Opportunity Zone REIT
    There’s a new notable name among those who plan big investments in Opportunity Zones – Anthony Scaramucci. Scaramucci famously served as White House communications director last summer, before flaming out in just 10 days. After returning to his Wall Street roots, Scaramucci's firm is planning to invest in Opportunity Zones.
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  • WhyHotel raises $10 million to expand service that turns empty apartments into hotels

    Works with developers to use new units as hotel rooms during lease-up
    WhyHotel, a company that works with developers to turn newly built unleased luxury apartments into hotels, is set to expand thanks to a new capital raise. The company announced this week that it raised $10 million in its Series A funding round. The news comes just a few months after the company raised just shy of $4 million in its seed funding round.
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  • It’s official: Trump nominates Mark Calabria to lead FHFA

    To serve a term of 5 years
    Late Tuesday night, President Donald Trump announced his choice to lead the Federal Housing Finance Agency – Mark Calabria. Calabria’s nomination must still be approved by the Senate, but with his extensive background in housing, and a Republican majority in the Senate, that isn’t expected to be a problem.
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  • Airbnb settles with Aimco after being accused of allowing illegal short-term rentals

    Landlord claimed Airbnb was encouraging residents to violate their leases
    The legal battle between Airbnb and the Apartment Investment and Management Company over Aimco’s claims that Airbnb was encouraging residents to violate their leases by renting out their apartments on the short-term rental platform is now over. And everyone appears to be pleased.
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  • CoreLogic: Here’s what will be making economic news in 2019

    Next year to hit 50-year unemployment lows
    CoreLogic released its predictions for 2019, outlining several factors that will be making economic news in the new year. CoreLogic’s chief economist explained that economic growth only needs to last seven more months in order to set the record for the longest economic expansion.
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  • Wise Agent names Jason Frazier chief marketing officer

    Responsible for modernizing email marketing and social content
    Wise Agent hired Jason Frazier as its chief marketing officer, the company announced this week. Frazier, a known marketer in the mortgage industry, will be responsible for modernizing email marketing and social content for Wise Agent’s CRM system.
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  • CFPB moves to further ease enforcement on financial services industry

    Releases new rules on “no-action letters” and proposes “product sandbox”
    In the last few days of his leadership at the Consumer Financial Protection Bureau, Mick Mulvaney moved to further ease the bureau’s enforcement of the industries that it oversees. Additionally, the CFPB proposal would create a “Product Sandbox,” which would allow and encourage companies to create and test new products and services under safe harbor provisions from the bureau itself.
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  • What would Mark Calabria as FHFA director mean for the future of Fannie and Freddie?

    Analysts weigh Calabria’s potential impact
    The Trump administration has officially nominated Mark Calabria to be the next director of the FHFA when Mel Watt’s term is up early next year. But what would Calabria bring to the FHFA and what might that mean for the future of Fannie Mae and Freddie Mac? Here's a look at what's next, from those in the know.
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  • Homelessness accelerates in expensive rental markets

    In many markets, rent burden exceeds 32% threshold
    As more and more Americans become rent burdened, the homeless rates in the nation’s most unaffordable markets continue to grow, according to the latest data from Zillow. Zillow Director of Economic Research and Outreach Skylar Olsen said that although the nation’s homelessness rate has fallen, some communities are still grappling with affordability.
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