Headlines that call Cape Coral, Florida, the “worst housing market in America” and liken it to precursors of the 2008 financial crisis have garnered discussions across the real estate industry. But local experts and data suggest the reality is far more nuanced. While a recent article from The Wall Street Journal highlighted falling home prices, empty open houses and investor pullbacks, agents who...
This classic indoor styling technique works just as well in outdoor...
The small black-and-white en suite bathroom in this 1934 Colonial just outside Boston had vintage charm, but it fell short of the sophisticated retreat the new homeowners envisioned. The single pedestal sink offered no storage or counter space, and the aging shower-tub combo didn’t meet...
Busy times are a challenge for any business, but having the right leadership skills can make all the difference. Six design professionals share the strategies they’ve honed over the years to lead their teams and keep projects on track when the pressure ramps...
Canadian home sales posted their first monthly increase since November, rising 3.6% in May from April as activity rebounded in key markets including Toronto, Calgary, and Ottawa, according to data released by the Canadian Real Estate Association (CREA). The gain suggests early signs of stabilization in a housing market that had been grappling with macroeconomic uncertainty and a sluggish start to the...
Self-storage REIT is investing in staff and technology to ensure proactive customer...
Yet another MLS will not be implementing delayed marketing exempt listings. In early June, the board of directors for Minnesota-based NorthstarMLS voted to adopt the National Association of Realtors’ (NAR) new Multiple Listing Options for Sellers (MLOS) policy. But the organization will not implement the optional delayed marketing exempt listings provision or limit IDX and syndication feeds. NAR...
U.S. residential real estate is drawing increasing interest from international investors —particularly in Latin and South America — according to Miami-based Waltz, a digital mortgage platform that caters to foreign buyers. The firm announced it has reached $50 million in total funding to date — including a newly secured $25 million line of credit from affiliates of Setpoint Capital — that’s aimed...
For older people who wish to stay in the workforce, a layoff or buyout can radically change their financial picture. According to a recent report from The Wall Street Journal, it takes an average of 26 weeks for people ages 55 to 64 to find a job — seven weeks longer than people ages 25 to 34. Kevin Cahill, an economist at FTI consulting, told the Journal that those who get laid off later in...
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability. Comments are due by Aug. 25. These installment loans — often referred to as “phantom debt” — gained popularity during the COVID-19 pandemic, particularly among younger and underserved consumers...
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