August 2024

Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers. According to JLL's analysis, the market for edge IT infrastructure and data centers is expected to reach $317 billion globally by 2026, a...

There are just five days to go until the business practice changes outlined in the National Association of Realtors’(NAR) nationwide commission lawsuit settlement agreement, but the trade association is not out of the lawsuit woods just yet.  In a lawsuit filed on Monday by Douglas Hardy, Glenn Champion and Dylan Tent in U.S. District Court for the Eastern District of Michigan, the plaintiffs claim...

Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges. This is according to a CoreLogic report published on Monday. The share of piggybacked Federal Housing Administration (FHA) home purchase loans rose by more than seven percentage points from June 2022 to June 2024,...

Mortgage rates fell two weeks ago, then climbed steadily again last week. Is it enough to motivate any new seller activity or are we looking at 2025 before home sales finally recover? From a total inventory perspective, we haven’t seen any pickup in demand in the past couple of weeks as mortgage rates fell under 7%. This is a bit surprising to me. I expected to be able to measure some pickup in...

California-based HighTechLending, a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers. One of the ways the company aims to continue making a name for itself in the space is by taking a...

Rural parts of the U.S. have roughly 35% fewer home health aides to assist their aging populations than urban areas do. This is according to research from the University of Minnesota as cited by the Population Reference Bureau (PRB), a private nonprofit research organization that receives funding from the U.S. Census Bureau. Researchers found that rural areas average 32.8 home health aides per 1,000...

In a post-Yellowstone world, California’s shiny, glass-clad mansions and New York’s posh penthouses are often upstaged by sprawling properties with generous acreage, and anchored by gorgeous ranches with a different kind of luxury vibe. And a massive 6,200-acre Bozeman, Montana ranch with trout-filled ponds, rolling hills, and antelope, whitetail deer, bear, and game birds to hunt is the ultimate...

Are you thinking of buying investment rental properties in 2024? Here is a list of some of the best places to invest in real estate this year. It is...

These designers have scoured the market so you don’t have to. Courtesy of Rush House Just like anyone else, interior designers have their personal picks of items that make their lives a little less stressful, save them time or money (or both!), or simply bring a smile to their faces every time they walk by it. Ahead, discover the products top designers say they would purchase over and over again...

Encore leans traditional, but it has playful undertones that help it feel nostalgic rather than stodgy. Valspar It’s time for the much-anticipated announcement of Valspar’s 2025 Color of the Year. This year marks the paint company’s 16th Color of the Year pick, a bold, captivating shade appropriately titled Encore. The Valspar 2024 Color of the Year selection was a relaxing shade called...