Current Real Estate News

Get the latest real estate news!

Bloomberg once appeared to blame the end of redlining on the financial crisis how this discriminatory practice still hurts Americans:

MarketWatch, Redlining policies have had a lasting impact on the U.S. housing market.
Previous versions (3)

Deep Dive: Wall Street has slashed these S&P 500 companies estimates by as much as 70%:

Fri, 21 Feb 2020

MarketWatch, There are always bad stories, even in a bull market, but analysts still love half of the companies with the greatest cuts in sales estimates.
Previous versions (3)

Deep Dive: Wall Street has boosted 2020 estimates for these S&P 500 companies the most:

Fri, 21 Feb 2020

MarketWatch, Looking at these stocks may help you spot trends as well as possible bargains or recovery plays.
Previous versions (5)

Economic Report: Existing-home sales dip in January as tight supplies limit opportunities for buyers:

Fri, 21 Feb 2020

MarketWatch, In the wake of the recession, many homes were purchased by investors and converted into rental units, which has suppressed inventory significantly.
Previous versions (3)

REIT stocks rise, boosted by the drop in 30-year Treasury yields to record low:

Fri, 21 Feb 2020

MarketWatch, Shares of real estate investment trusts (REITs) were broadly higher Friday, as the relatively high-yielding sector was benefiting from a tumble in Treasury yields. The SPDR Real Estate Select Sector ETF rose 0.4% to be the best performer among the SPDR ETFs tracking the S&P 500's 11 key sectors. The REIT ETF was trading just shy of the Feb. 14 record closing price of $41.88. Among the more-active components, shares of Ventas Inc. rose 0.5%, Prologis Inc. tacked on 0.3% and Digital Realty Trust Inc. advanced 0.6%. Meanwhile, Host Hotels & Resorts Inc. fell 0.9%. The yield on the 30-year Treasury note fell 6.9 basis points toward a record low of 1.904%, amid fears that the coronavirus outbreak's impact on economic growth will not be contained.

Amherst Residential to acquire Front Yard Residential Corp. in deal valued at about $2.3 billion:

Tue, 18 Feb 2020

MarketWatch, Privately held Amherst Residential LLC said Tuesday it has reached an agreement to acquire Front Yard Residential Corp. in a deal valued at about $2.3 billion, including debt. Front Yard shareholders will receive $12.50 per share in cash, equal to a premium of about 14.2% over the share's closing price on may 20, 2019, the day before the company said it would start exploring its strategic alternatives. Amherst is a data-driven real estate investment firm operating in the residential and commercial real state capital markets. Amherst Residential affiliates and subsidiaries will acquire Front Yard's operating platform and assets, including about 15,000 SFR homes, currently managed by Front Yard's operator, HavenBrook Homes, once the deal clos.

REIT stocks stretch win streak to another record as bond yields fall:

Fri, 14 Feb 2020

MarketWatch, Shares of real estate investment trusts rallied again Friday, as another drop in Treasury yields helped spark a broad rally in the high-yielding sector.

Redfin stock gains 7% on narrower quarterly loss, sales beat:

Wed, 12 Feb 2020

MarketWatch, Shares of Redfin Corp. rose more than 7% in the extended session Wednesday after the real estate company reported a narrower quarterly loss and sales that jumped 88% year-on-year. Redfin said it lost $7.8 million, or 8 cents a share, in the quarter, compared with a net loss of $12.2 million, or 14 cents a share, in the fourth quarter of 2018. Sales rose 88% to $233 million, from $124 million a year ago. Analysts polled by FactSet expected a loss of 12 cents a share on sales of $217 million. The company guided for first-quarter revenue between $179 million and $188 million, and a net loss between $72 million and $68 million. The analysts surveyed by FactSet expect sales of $179 million in the first quarter. Redfin shares ended the regular tr.

Realtors Say Legal Weed Biz a Plus For Housing:

Tue, 11 Feb 2020

Mortgage News Daily - Blogs, As more states legalize marijuana, the real estate market will progressively have to adjust," said Dr. Jessica Lautz, vice president of demographics and behavioral insights for NAR.

Calling All Supervillains: This Insane Cliffside Concept Home Could Be Your Next Lair:

Sat, 8 Feb 2020

Robb Report, Reza Mohtashamis latest Brutalist concept brings together the natural and unnatural.

Cannabis Watch: Aurora Cannabis CEO Terry Booth is stepping down and company plans layoffs, sources say:

Thu, 6 Feb 2020

MarketWatch, Aurora Cannabis Inc. Chief Executive Terry Booth is stepping down and the company is planning a round of layoffs, sources told MarketWatch on Thursday. The company is the latest Canadian cannabis licensed producer to move to cut costs to conserve cash and stay afloat.

Theres a lot of uncertainty and fear. Coronavirus is making it harder for some Chinese investors to buy U.S. real estate:

Thu, 6 Feb 2020

MarketWatch, Chinese nationals account for nearly 20% of all foreign buyers of American real estate.
Previous versions (2)

The economy is booming, Trump says but for some, so are the costs of housing, health care, child care and college:

Wed, 5 Feb 2020

MarketWatch, Its getting more expensive to get by for some Americans.
Previous versions (2)

MLO Jobs, Digital, Subservicing Products; National Events and Training:

Wed, 5 Feb 2020

Mortgage News Daily - Blogs, Lets take any brokerage or small mortgage banker, 10 loan officers doing an average of 3 loans per month for 30 loans/month. The company has the operations staff to handle the current amount, probably more. Does it make more financial sense to go out and hire a recruiter and/or pay a signing bonus for another LO, or increase the efficiency of the existing LOs through better marketing, training, and improving the process? Lets say all you had to do was move MLOs from 3 loans to 3.5 loans per month. Im no math whiz, but thats 5 more loans per month, about the same as hiring 2 new LOs. And while youre at it, have your Ops staff take advantage of training and conferences that are out there, many at no cost. Makes all the sense in the world.

Need to Know: The markets trading like its the end of the cycle, and heres how an analyst says to position for it:

Wed, 5 Feb 2020

MarketWatch, In the call of the day, an analyst discusses how to position for a late-cycle environment.
Previous versions (2)

2019 Was a Great Year to Sell Your Home:

Thu, 30 Jan 2020

Mortgage News Daily - Blogs, Posted To:. Homeownership is apparently still one of the best ways to build wealth. The Year-End Home Sales Report from ATTOM Data Solutions shows that the typical homeowner who sold a home in 2019 realized a gain of $65,500. This is up from $58,100 in 2018 and $50,027 in 2017 and the largest profit margin since 2006. Todd Teta, ATTOM's chief product officer said, "The nation's housing boom kept roaring along in 2019 as prices hit a new record, returning ever-higher profits to home sellers, and posing ever-greater challenges for buyers seeking bargains. In short, it was a great year to be a seller. Profits have increased for eight straight years, and 2019's typical $65,500 profit was a 34 percent return on investment (ROI), the highest in 13.

Blackstone profit buoyed by gains on investments:

Thu, 30 Jan 2020

MarketWatch, Blackstone Group Inc. reported a solid fourth-quarter profit as the firm posted bigger gains on its investments, and the portion of earnings that could be returned to shareholders rose over the year-ago quarter.

Meital Taub and First Team Real Estate Win 2019 Best of Laguna Beach:

Wed, 29 Jan 2020

Luxury Real Estate Blog, Having personally closed over $170 million in residential real estate sales over the last two years, Meitals success comes from a hands-on approach and powerful skill set of strategic and methodical planning to ensure her clients objectives are met.

Economic Report: The number of buyers who signed contracts on homes plummeted in December despite high demand:

Wed, 29 Jan 2020

MarketWatch, Many real-estate experts expect this will curtail sales activity in the next year.
Previous versions (2)

Your 6-point plan to navigating a choppy stock market:

Mon, 27 Jan 2020

MarketWatch, Investors have been excessively bullish and overconfident, so when bad news surprises them, they lose their nerve.
Previous versions (2)

Cannabis REIT Innovative Industrial Properties stock falls after stock offering prices at discount:

Fri, 24 Jan 2020

MarketWatch, The company plans to use the proceeds from the stock sale to invest in real estate assets.

Weed REIT to raise $150 million, stock falls 4%:

Thu, 23 Jan 2020

MarketWatch, The company said it plans to use the cash to invest in further weed-related real estate assets and for general corporate purposes.

Cresco Labs gets $100 million in senior secured term loan:

Thu, 23 Jan 2020

MarketWatch, Cresco Labs Inc. said Thursday it has entered a senior secured term loan agreement for an initial sum of $100 million with an option to borrow up to $200 million. The Chicago-based cannabis company expects to complete an initial drawdown by Jan. 30 and will use the funds to expand operations in Illinois, where cannabis became legal for adult use this year. Cannabis companies have been struggling to access capital in recent months after a steep selloff in the sector last year and many have been forced into dilutive financings or have resorted to sale-and-leaseback arrangements using their own real estate. "Through this deal, we have diversified the Company's funding sources, improved our cost of capital in a non-dilutive manner and given our.