Warren Buffett bets on modular construction
by TRD Staff on 2021-05-18 at 8:30 PM
The Oracle of Omaha is making a contrarian bet on modular construction. MiTek, a Missouri construction company owned by Warren Buffett’s Berkshire Hathaway, is launching a new modular building venture, the Wall Street Journal reported. The startup will partner with New York City-based firm Danny Forster & Architecture on the venture. The goal is to build rooms for hotels and apartment […]
Site Centers buys Delray Beach shopping plaza for...
by By Lidia Dinkova on 2021-05-18 at 7:30 PM
Site Centers bought The Shoppes at Addison Place west of Delray Beach for $40 million. The Beachwood, Ohio-based real estate investment trust bought the buildings at 16800, 16850 and 16950 South Jog Road in three deals from sellers tied to Delray Beach-based Azure Development, according to records. In the two biggest deals, Site Centers bought the building at 16950 South Jog Road for $20 million […]
Mortgage demand plummets to lowest level in a year
by TRD Staff on 2021-05-18 at 6:30 PM
The once red-hot mortgage market is cooling down. Mortgage demand fell in April to its lowest level in almost a year, according to Inman, citing a report from the data firm Black Knight. The reason: refinancings have fallen off. Cash-out refinancings were down 13 percent from March to April, while rate-and-term refinancings plummeted 20 percent, per the report. Black Knight says there are 14.5 […]
Americans See Real Estate as a Better Investment...
by KCM Crew on 2021-05-18 at 10:00 AM
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an article on the current real estate market, Gallup reports: “Gallup
Don’t Forget to Budget for Closing Costs
by KCM Crew on 2021-05-17 at 10:00 AM
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According
When It Comes To Selling a House, Your Time Is...
by KCM Crew on 2021-05-14 at 10:00 AM
Some Highlights Selling a house is no small task. If you decide to try to do it on your own, keep in mind you’ll be responsible for all the expert-level work of a real estate professional. The vital tasks an agent manages for you include listing and marketing your house, handling legal documentation, negotiating with all parties, and navigating local laws and regulations. If […]
Partnering with Real Estate Professionals -...
on 2021-05-18 at 8:10 PM
Partnering with Real Estate Professionals Chesapeake Bay Magazine
How to Buy Property In a Hot Housing Market -...
on 2021-05-18 at 8:00 PM
How to Buy Property In a Hot Housing Market Lifehacker
Video: Triangle House on the Water Has Sailboat...
on 2021-05-18 at 6:58 PM
Video: Triangle House on the Water Has Sailboat Vibes Realtor.com News