Construction, Engineering and Real Estate — Industries  PwC Ireland

Mortgage rates inched up again this week, a six-week runup to date and not expected to stabilize by the end of the year, experts noted.  The 30-year fixed-rate mortgage averaged 6.79% this week, up from the previous week’s average of 6.72%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday.…

The post Mortgage Rates Move Up for Sixth Straight Week appeared first on RISMedia.

Addressing investors after a Q3 earnings report—in which the company greatly outpaced the broader industry and beat its own expectations—Zillow Chief Financial Officer Jeremy Hoffman said the portal giant is expecting continued tailwinds from broader changes to the real estate industry. “We work with the best partners, and we provide the most technology. So we…

The post Zillow Reports Blowout Earnings, Touts Settlement Adaptations appeared first on RISMedia.

8 U.S. cities where people are moving to live cheaply: They'd 'rather pack their bags than pay a higher rent,' expert says  CNBC

As Trump’s victory over Democratic candidate Vice President Kamala Harris became apparent on Wednesday, bond markets reacted sharply. The benchmark 10-year Treasury yield jumped to 4.479%, its highest level since July, according to news reports. Mortgage rates responded in kind, with the average 30-year fixed rate rising to 7.13% on Wednesday, up nine basis points…

The post How Industry Experts See Trump’s Return to the White House Impacting Housing appeared first on RISMedia.

Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year.

Trump’s victory indicates a real estate boost that stops at US borders  PERE

In a Q3 2024 earnings call Nov. 7, Anywhere Real Estate reported financial results for the third quarter ended September 30, 2024, which included earnings of $7 million but sales falling 3.1% year on year to $1.54 billion. On a per-share basis, the Madison, New Jersey-based company said it had profit of 6 cents. Earnings,…

The post Anywhere Q3: Sales Fall 3.1% YoY; Burnett Settlement Payments Proceeding appeared first on RISMedia.

Last week, Judge Stephen Bough of the Western District of Missouri—who oversaw the Burnett case and trial—approved settlements struck by eight large brokerages in the largest Burnett commission copycat case. Those deals bring the total number of settlements that have received a final, court-required sign-off to 11, with the National Association of REALTORS® (NAR) still…

The post The Four Biggest Takeaways From the Copycat Settlement Approvals appeared first on RISMedia.

How a second Trump presidency may affect U.S. commercial real estate markets  Institutional Real Estate, Inc.

A city of renters? San Diego has fourth-highest percentage of renters in the U.S.  MSN

Sometimes the best way to structure your day doesn’t spring immediately to mind—a “workflow,” or a planned series of activities that help you complete a task, is needed. You may need a way to organize your thoughts and tasks in order to maximize efficiency for both yourself and your clients’ benefit. To become a go-to…

The post Creating a Workflow to Streamline Your Daily Tasks and Improve Client Communications appeared first on RISMedia.

European Sale-Leaseback: A Timely, Strategic Opportunity in Europe  IPE Reference Hub

Oberoi Hotels & Resorts to debut in London's iconic Mayfair  Hindustan Times

Revenue, closed transaction volume and net income fell in Q3, earnings data on Thursday shows. But a strong luxury push and October uptick in buyer activity have set the stage for a robust Q4.

The Real Brokerage added more than 2,000 new agents in the third quarter while revenue rose to $372.5 million, according to quarterly earnings Thursday. The company posted a net loss of $2.5 million.

New company CEO Michael Liebowitz stressed in an investors call Thursday morning that Douglas Elliman is seeking to diversify its revenue streams and increase ROI as it enters a "new era."

U.S. Commercial Real Estate Investable Universe Study  IPE Reference Hub

Halifax Sees House Prices Edge To Record High As Bank Of England Mulls Rate Cut  Forbes

House Prices Are More Than Double The US Average In These Two States  Digg