NAR Confidence Index, Rates Stable, Tame Inflation
In the NAR confidence index 82% of respondents reported prices are constant or rising which is down from 88% in May of 2018. Properties are typically on the market for 26 days, first time home-buyers make up 32% of sales and 81% of transactions are financed. Rates – held steady this week as the 10 […]
Flexible Work Spaces, Rates Improve, Lousy Jobs Report
WeWork – doubled in size and 2017 & again in 2018 and is the largest private sector Real Estate occupier in NY, DC, London, & soon to be SF. They are going public this year to keep up with the projected $4 billion in annual lease spending. This NPR article breaks down the numbers and […]
T-Rex Listed on E-bay, Rates Improve, Strong Home Data
Bored with you day job? Why not hunt for dinosaur skeles in the vast American countryside? Let’s say you found the cute 15 footer like the one pictured above and split the commission 50/50 with the owner of the property (rightful owner of the bones). The buyer is strapped for cash so they ask for […]