According to the latest data from Knight Frank, prime rental growth across 16 key cities slowed in the final quarter of 2024, with rents rising by 2.2% over the past year -- the slowest pace in more than three years. Knight Frank's Prime Global Rental Index (PGRI) recorded annual growth of 2.2%, marking its lowest rate since mid-2021. This decline follows a steady drop from a peak of 11.4% in Q1 2022, now...

Image Malhotra says senior consumers will become a “much more relevant piece of the...

In an extraordinary move stemming from a 2020 redlining lawsuit, an official working with the Consumer Financial Protection Bureau (CFPB) at the behest of the White House Office of Management and Budget (OMB) alleges that the bureau improperly sought a lawsuit against Chicago-based nonbank mortgage lender and brokerage Townstone Financial, according to court filings reviewed by HousingWire. Dan Bishop,...

If you’ve been thinking about becoming a real estate agent in Connecticut, you’ve landed on the right page. You’ll need to complete 60 hours of pre-licensing education to be eligible to sit for the real estate exam. After you’ve passed, post-licensing and continuing education courses will be required to keep you at the top of your game. From initial licensing to maintaining your license, our...

Seeking to align with recent executive orders issued by President Donald Trump, the Federal Housing Administration (FHA) announced on Wednesday the publication of a new mortgagee letter (ML) that restricts qualification for FHA-backed mortgages to U.S. citizens or permanent residents. The measure applies to all Title II single-family mortgage programs, including the Home Equity Conversion Mortgage...

Under the National Association of Realtors’ (NAR) new Multiple Listing Options policy, the trade group is allowing listing agents, with the signed consent and direct permission of their seller client, to delay publicly marketing a listing through Internet Data Exchange (IDX) feeds and syndication.  While this means delayed marketing listings will not appear on listing portals that use IDX feeds,...

While many measurements of retirement readiness suggest that older Americans will fall short of maintaining their quality of life after completing their careers, the overwhelming majority of retirees (92%) report in surveys that they are either “moderately” or “very” satisfied. This disconnect may mean that retirement satisfaction surveys may not be the most helpful tools for those seeking...

A plumbing expert explains why pouring coffee grounds down the drain is a bad idea—and what you should do...

In 1961, an engineer constructed a modern house on a sloped, wooded lot in Greenville, South Carolina. Over the next 60 years, vinyl siding covered the original exterior, a Craftsman-style kitchen was added and other period-inappropriate renovations crept in. But when a couple with a fondness for...

Shrink Extra Space Storage facility in Upland, California. Photo courtesy of Extra Space Storage. Expand Extra Space Storage facility in Upland, California. Photo courtesy of Extra Space Storage. The self-storage REIT is ramping up third-party management and bridge loan...