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The economy is slowing overall, continuing a less than ideal market to become a homebuyer, per the latest findings from the nonprofit Conference Board on Leading Economic Indicators (LEI).  In July, the LEI experienced a mere 0.1% drop from June, compared to June’s 0.3% drop that was attributed to economic challenges such as tariffs. Over…

The post Leading Economic Indicators Post Slowing Decline in July appeared first on RISMedia.

ZOMBIE FORECLOSURES TICK UP AS U.S. VACANCY RATES HOLDS STEADY  Yahoo Finance

Existing-home sales edged up in July, as increasing inventory and improving affordability pushed more homebuyers into the market. The sale of single-family, townhomes, condominiums, and co-ops increased 2 percent month-over-month and 0.8 percent year-over-year to a seasonally adjusted annual rate of 4.01 million. Total housing inventory jumped 0.6 percent month-over-month and 15.7 percent year-over-year to 1.55 million units, representing a 4.6 months of supply at the current sales pace—the highest level since May 2020.

I grew up on a typical London estate - this is what it's really like  London Evening Standard

Canadians Chasing Sun, Fun and Savings: What American Real Estate Trends Reveal  RBC Royal Bank

Williamsburg Multiple Listing Service (WMLS) and Bright MLS have announced the launch of their data share agreement, expanding access to thousands of real estate listings in Northern Virginia and the Historic Triangle in Virginia, giving subscribers of both organizations the ability to search comprehensive current and historical property-listing information.  “This data share represents a major…

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The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage.

1 Commercial Real Estate Information Company  CoStar

1 Commercial Real Estate Information Company  CoStar

The U.S. housing market is stabilizing, and Brian Buffini—chairman and founder of Buffini & Company—says agents need to pay attention. Kicking off his latest Bold Predictions Mid-Year Update, he called out the pervasive anxiety in the industry. “People are doomscrolling,” he said, referring to the habit of letting news and social media create unnecessary fear.…

The post Brian Buffini Says ‘It’s Time to Get Back to Work’ With Stability Returning to the Market appeared first on RISMedia.

Prime London office rents tick up again  Green Street News

The latest Federal Open Market Committee (FOMC) meeting held by the Federal Reserve (Fed) concluded with the decision to maintain the current interest rate from 4.25% to 4.5%, which went into effect July 31. The meeting minutes reveal that while unemployment remains low, and labor market conditions are solid, concerns over inflation sparked the need…

The post Fed Wary of Elevated Inflation and the Context of Low Unemployment appeared first on RISMedia.

Where Does Rory McIlroy Live? Exploring the Golfer’s International Real Estate Portfolio  Architectural Digest

Existing-Home Prices Keep Rising, But Pace Slows  Bankrate

BVK to part ways with another top real estate investment figure  Green Street News

Housing freeze: High costs leave some buyers and current owners in the lurch  NBC News

Luxury Real Estate Agent In US Accused Of Biting 7-Year-Old Girl Over Free T-Shirt  NDTV

Attorneys from Hagens Berman have urged consumers that have sold a home since 2021 with the aid of an "online real estate agent" to reach out to the firm since they may be eligible for compensation as a result of "deceptive practices" by the real estate industry.

Peaking Loan Maturities Push Office Sale Prices Down  Commercial Cafe

Global real estate investment hits $380bn in first half  Green Street News