November 2024 Luxury Market Report: Key Insights and Emerging Trends
Welcome to the November 2024 Luxury Market Report, presented by Global Collective Real Estate. This comprehensive analysis provides valuable insights into the evolving dynamics of the North American luxury real estate market, empowering buyers, sellers, and investors with critical data and emerging trends. Market Resilience Amid Changing Dynamics The luxury real estate sector demonstrates remarkable […]
Buying like it’s 2021: Nearly half of recent buyers have a mortgage rate below 5%
New Zillow survey data finds many buyers are securing lower mortgage rates from home builders, sellers, or borrowing from friends or family members Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. Mortgage rates rose from 2.65% in 2021 […]
Pickleball Helps Florida Broker Net Real Estate Deals
© Courtesy of Jay Granieri REALTOR® Jay Granieri has picked up the sport pickleball, which offers a unique opportunity to expand his sphere, he says. Jay Granieri discovered his love for pickleball as the sport realized a massive resurgence in American popularity recently. He also has found that pickleball is the perfect match for his […]
Dick’s Sporting Goods Brings Entertaining Concept to Arlington
A concept that combines retail with simulated sports and workout classes is on the way to the Parks Mall in Arlington. Dick’s Sporting Goods is building out the 120,000-square-foot former Sears store for House of Sport, the Fort Worth Star-Telegram reported. Brookfield Properties owns the mall, at 3871 South Cooper Street, and Sears closed in […]
Reaching a ‘Golden’ Milestone in Digital Realty
© Antonio_Diaz – iStock/Getty Images Plus One of the cornerstones of the real estate industry is continually seeking innovation to curate a seamless buyer and seller experience. A shining example of this is Real Estate Webmasters, a technology and consulting firm that set a benchmark in the industry when two of its custom-made websites recently […]
Hospital-to-Resi Conversion Coming to San Antonio River Walk
Hospital-to-residential conversion is coming for a 24-story historic property fronting San Antonio’s River Walk. Houston-based InnJoy Hospitality plans to convert the former Nix Medical Center at 414 Navarro Street into apartments, the San Antonio Express News reported. The number of units hasn’t been disclosed. Documents filed with the state estimate construction costs at $10 million. […]
The House Where Amazon Was Born
© Mai Huang The home in Bellevue, Wash., where Jeff Bezos started Amazon out of the garage is under contract thanks to the listing agents’ smart, throwback marketing. The blank-slate garage in the remodeled three-bedroom, two-bathroom house features a replica of the famous 1990s-era handwritten company logo Bezos once used. It was an idea that […]
Austin’s Density Bonus is Popular With Residential Developers
Austin gave developers the chance to go higher in an effort to add affordability to the city, and it’s proving to be a popular tactic. The city’s Density Bonus 90 zoning program allows residential buildings to reach heights of up to 90 feet — 30 feet taller than previously permitted — if developers commit to […]
How the New Generation Is Changing Home Buying
© anyaberkut – iStock/Getty Images Plus A new generation of home buyers is beginning the house hunt not by searching online listings or participating in virtual tours and open houses. Instead, young buyers are connecting with REALTORS® and researching properties and neighborhoods on social media platforms like TikTok, Instagram and YouTube. (On TikTok, the hashtag […]
$227 Million Refinancing for the Union in Dallas’ Uptown
One of Dallas’ most notable mixed-use developments has solidified its financial standing with a refinancing deal. A joint venture between KB Asset Management Company and RED Development has secured a $227 million loan for The Union complex at 233 North Field Street in Uptown, the Dallas Business Journal reported. The debt amounts to almost $284 […]
