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How to Stick to Your Remodeling Goals (5 photos)

Remodeling is a great way to stay in the house you have. Plus, making changes can improve the way you live. But everyone has heard the horror stories of going 50% or more over the remodeling budget. Truth be told, even contractors will admit that it’s hard to provide an exact price on the work,...

8 Proven Tips for Managing a Growing Team (13 photos)

Expanding your business is a huge milestone — and one to be celebrated. But transitioning from a solo operation to managing a team brings with it a whole new raft of challenges. Effective leadership, communication and delegation suddenly become key as you move from wearing all the hats to...

Hong Kong’s Housing Market Stuck in Stalemate as Bulls and Bears Face Off

Hong Kong's residential property market remains caught in a tug-of-war, with bullish momentum stymied by a host of bearish fundamentals, according to the latest market outlook from JLL. While a drop in HIBOR, rebounding equities, and targeted stamp duty relief have offered glimmers of support, the broader housing landscape remains clouded by persistent structural and macroeconomic challenges. These include...

Accelerating Capital Investments in Property Resilience

Image In this episode of the REIT Report special series, “Building Resilience,” Deborah Cloutier, chief sustainability officer of Legence and president and founder of RE Tech Advisors, discusses how the strategic alignment of sustainability and business priorities is accelerating the implementation of capital improvements that enhance building...

Abandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit

Mortgage applications don’t always fail with a formal rejection — many simply stall. A report released last month by Cotality found that homebuyer hesitation often predicts loan fallout, even without an official withdrawal. As a result, the property analytics firm found that 16% of buyers “ghosted” their mortgage applications last year — a trend attributed mostly to confusion and lack of...

Douglas Elliman doesn’t want private listings to be the norm

While some brokerages are leaning into the use of private listing networks, luxury firm Douglas Elliman said it does not want private listing networks to become the norm. “At Douglas Elliman, we have a long- standing commitment to offering clients greater choice and flexibility while continuing to promote equal access to listings and uphold a transparent, fair housing market,” Michael Liebowitz, the...

Rocket revamps real estate arm, moves home search to Redfin

Rocket Companies has begun to reshape Rocket Homes, its real estate subsidiary, following the closing of its acquisition of Redfin. The changes include sunsetting Rocket Homes’ search portal, consolidating agent networks and executing layoffs. Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be...

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