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Blackstone, Apollo, KKR take market hit on...
by By Orion Jones on 2021-09-20 at 11:01 PM
Global investment firms with real estate holdings took a beating in markets on Monday as China Evergrande inched closer to missing interest payments on its debt. While global markets slumped, U.S. real estate stocks held their ground. Blackstone Group, the world’s largest landlord, dropped about 7 percent, as did Apollo Global Management and eXp World Holdings. KKR fell 6 percent while the […]
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Two years after its IPO fail, WeWork will go...
by By Erik Engquist and Keith Larsen on 2021-09-20 at 10:56 PM
Google the phrase “WeWork going public” and among the questions that pop up are: “When did WeWork go public?” The answer is, it never really did. But late next month, retail investors will finally have the chance to own a piece of the coworking giant. WeWork announced Monday that its merger with a special purpose acquisition company, floated in January and announced in […]
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Slam dunk: Scottie Pippen sells waterfront Fort...
by By Francisco Alvarado on 2021-09-20 at 10:00 PM
After repeated attempts over 12 years, retired NBA legend Scottie Pippen finally slam dunked the sale of his waterfront Fort Lauderdale estate. Pippen, who won six world championships with the Chicago Bulls and a gold medal with the 1992 Olympic Dream Team, sold the three-story mansion at 2571 Del Lago Drive in Harbor Beach for $10.5 million, according to records. The buyers, Shahram and Elka […]
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Is It Time To Move on to a New Home?
by KCM Crew on 2021-09-20 at 10:00 AM
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than
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Have You Ever Seen a Housing Market Like This?...
by KCM Crew on 2021-09-17 at 10:00 AM
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today's mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, let’s connect today so you can […]
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Is the Number of Homes for Sale Finally Growing?
by KCM Crew on 2021-09-16 at 10:00 AM
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the
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Alvaro Morgado with Weichert, Realtors’ Hoboken...
on 2021-09-21 at 5:00 AM
Alvaro Morgado with Weichert, Realtors’ Hoboken Office Recognized for Sales Achievement in August The Hudson Reporter
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Phoenix housing market boom exhausting realtors...
on 2021-09-20 at 11:32 PM
Phoenix housing market boom exhausting realtors and homebuyers ABC15 Arizona
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Berkshire Hathaway Realtors Hold Backpack Drive...
on 2021-09-20 at 11:27 PM
Berkshire Hathaway Realtors Hold Backpack Drive For Underprivileged Children OCNJ Daily