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Billionaire Barry Sternlicht expects one bank failure per week due to real estate's 'fragile' loans  Fortune

The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks—93%—posted year-over-year price increases in the first quarter of 2024. The top 10 metro areas with the largest year-over-year median price increases, which can be influenced by the types of homes sold during the quarter, all registered gains of…

The post More Than 90% of Metro Areas Recorded Home Price Increases in Q1 2024 appeared first on RISMedia.

On Wednesday, April 24, 2024, President Joe Biden signed a bill into law that’s been dubbed a “TikTok ban.” Specifically, the bill mandates that ByteDance, TikTok’s parent company, has nine months to sell it or the video social media app will cease operations in the United States. The bill, originally passed in the U.S. House…

The post President Biden Signs Law to Ban TikTok; App Parent Company Sues appeared first on RISMedia.

Mortgage applications increased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 3, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased 2.6% on a seasonally adjusted basis from one week earlier.  On an…

The post Mortgage Applications Up After Three Weeks of Downs appeared first on RISMedia.

Amazon pipeline, rising vacancy key factors to watch in US industrial market  The Business Journals

US industrial market starts 2024 with rising vacancy, expansion efforts by Amazon  The Business Journals

US industrial market starts 2024 with rising vacancy, expansion efforts by Amazon - Dallas Business Journal  The Business Journals

One day after deciding to settle commission lawsuits with a proposed $9.25 million-dollar payout, Redfin, in a May 7 Q1 earning report, showed solid first quarter revenue of $225.5 million, an increase of 5% compared to the first quarter of 2023. Gross profit was $70.8 million, an increase of 22% year-over-year. Real estate services gross…

The post Redfin Q1 Revenue Rises, but Net Losses Up as Well From 2023; CEO Notes New Normal appeared first on RISMedia.

Netflix's horrendously tasteless London real estate show should kill off the genre entirely  British GQ

Former Downtown New London Department Store Property For Sale  Patch

Plaintiffs in Batton, the largest commission-focused case filed by homebuyers, are seeking to delay approval of settlements that brokerages agreed to in cases filed by homesellers, according to a court filing today, claiming at least two companies are attempting to squeeze in immunity from buyer claims at the last minute. With the final approval hearing…

The post Settlements Face 11th Hour Delay in Dispute Over Buyer Immunity appeared first on RISMedia.

HIG buys last-mile logistics and outdoor storage asset in London  IPE Real Assets

Cushman & Wakefield Signs for New West End Office  CoStar Group

KKR and Amante hospitality venture acquire London hotel in debut deal  IPE Real Assets

Green leases crossing borders - ESG and Real Estate – a European Perspective #2  Dentons

Properties inside London's LTNs are worth up to 108% more than outside  MSN

Inside Rihanna's Homes Through the Years, From Her Luxe LA Rentals to Her Barbados Getaway  Architectural Digest

H.I.G. Realty Invests in Last-Mile Logistics and Industrial Outdoor Storage ("IOS") Near Stansted Airport - London  Yahoo Finance

At the Realtors Legislative Meetings earlier this week, MLS executives were told they would be responsible for making sure real estate agents and brokers follow the new commission rules.

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