Real Estate

Real Estate

Sun Belt Housing Market too Hot to Touch for First-Time Buyers

Photo via imageBROKER/Hans Blossey/Newscom

Aided by falling mortgage rates and a relative glut of supply, home buyers are starting to see the market tip in their favor in the Midwest.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read
Photo by Aiden Frazier via Unsplash

Real Estate

Feast or Fluke? US Home Sales Hit Highest in Almost Four Years

The roaring August demand put a serious dent in the glut of new homes on the market, with inventory falling to the lowest level this year.

2 min read
Photo via sean pavone/Newscom

Real Estate

Can the Big Apple’s Office-Tower Revival Turn into a Trendsetter?

While the pain to building owners has been deep and long-lasting, the predictions of Office Armageddon are proving somewhat premature.

2 min read

Real Estate

Homebuilders Offer Best Incentives Since COVID

Photo via Eduardo Barraza/ZUMAPRESS/Newscom

A full 37% of homebuilders have slashed prices this month, down ever so slightly from a record 38% in July.

2 min read

Real Estate

Blackstone Has Hope for the Office Real Estate Market

Photo by Startup Stock Photos via Pexels

Blackstone’s BXMT mortgage trust, on the other hand, is buckling under the weight of a pile of office loans gone bad.

1 min read

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 min read

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