Real Estate

Technology-driven real estate companies Redfin (RDFN 16.47%) and Offerpad Solutions (OPAD -2.23%) just reported their financial results for the second quarter of 2022. Both companies delivered growth, and at any other time, investors might have reacted more positively to their numbers.  But right now, interest rates are rapidly…

SARASOTA, Fla., Sept. 05, 2022 (GLOBE NEWSWIRE) -- Living Vogue LLC, doing business as Living Vogue Real Estate, a Florida-based luxury real estate company, announced today it will begin offering agents a 100% commission compensation option. In addition to this new alternative, the brokerage adjusted its traditional commission plan, with…

ARKANSAS, USA — The COVID-19 pandemic did a number on the housing market, and ever since, experts have been keeping a close eye on the constant ups and downs, especially with mortgage rates."It's been a focus because when rates got so low, it was just such hysteria," Senior Mortgage Banker Mark Phillips said. "Everyone's wanting to buy,…

The Federal Reserve’s interest rate hikes to combat high inflation and consecutive economic contraction have kept the mortgage rates volatile. The 30-year fixed-rate mortgage averaged 4.99% in the week ending August 4, down from 5.3% the week before. But the rate is significantly higher than 2.77% a year ago. This is expected to boost the…

Clever Real Estate hired three new executives from top companies including HomeLight and Healthline, scaling its executive team up by 75% as the company continues to grow while competitors struggle. ST. LOUIS, Aug. 16, 2022 /PRNewswire/ -- As most real estate companies are scaling back and reducing headcounts, Clever Real Estate is beginning…

NEW YORK, Sept. 2, 2022 /PRNewswire/ -- New York-based law firm Falcon Rappaport & Berkman PLLC announced that Ariel S. Holzer, Esq. has been appointed as Chair of the firm's Real Estate Practice Group. The change is crucial to the department's development and the growth and evolution of the team. Ariel, who has been a Partner with FRB…

Wanda boss Wang Jianlin may be worried about whether his creditors accept getting paid late China’s Dalian Wanda is asking creditors to give it another year to repay a $600 million offshore bond, with that story leading today’s real estate headlines from around the region. Also in the news, Blackstone says it’s not selling its Chinese sheds and…

A house that sold for $425,000 tops the list of the most expensive residential real estate sales in Frankenmuth between Nov. 6 and Nov. 19.In total, six residential real estate sales were recorded in the area during the past two weeks, with an average price of $302,317, $201 per square foot.The prices in the list below concern real estate sales…

CHICAGO, Aug. 15, 2022 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced the closing of a new and undrawn $300 million unsecured term loan. The new and undrawn term loan has an initial maturity date of August 12, 2025 with two…

<!-- SHOW ARTICLE --> Stevens Construction begins Bermuda Lakes RV Resort Stevens Construction has started construction of Bermuda Lakes RV Resort located at 5181 Tice St. in Fort Myers, announced Daniel Adams, Stevens Construction executive vice…