If you’re looking for real estate news, you’ve come to the right place. HousingWire provides real estate news that spans a variety of topics, from the latest trends and economic conditions to the policy that shapes lender and consumer behavior. The site also offers articles on best practices adopted by leading industry professionals. If you’re looking for a more in-depth analysis of current trends, you’ll want to read this article.
National Association of Realtors
For more information about the real estate industry, you can look to the news from the National
Association of Realtors. This trade association represents real estate workers in the United States. It is composed of members from the entire industry, including brokers, salespeople, and real estate agents. These news stories provide an overview of trends in the real estate industry. The latest news may surprise you, and you can use them to make informed decisions about your future property news purchases and sales.
S&P/Case-Shiller home price index
The S&P/Case-Schiller home price index tracks the average change in house prices in twenty major metropolitan areas in the United States. The index considers the purchase price and resale value. This method, known as repeat sales pricing, is considered the most accurate indicator of housing prices. It is also widely used by other home price index publishers and the Office of Federal Housing Enterprise Oversight.
Inventory of homes for sale
According to the latest housing report released by the New York State Association of REALTORS, the inventory of homes for sale in the Empire State fell by 12.2% in April. Home prices increased, as there are more buyers than homes for sale. The inventory of homes for sale continues to decrease year-over-year. The number of homes for sale in April 2021 fell by 22.2 percent from April 2020. This decrease is due in large part to the Millennial generation’s decision to opt out of homeownership.
In the past, coworking conferences have been a part of the industry’s buzz. However, due to the recent pandemic, the industry is now considering new ways to showcase coworking. There are several new events planned for 2019, including the Coworking London Conference on June 30 and July 1 in London. Organizers of the conference are Coworking London and eOffice, one of the original coworking brands in London. Sponsors of the event include Yardi and FlexiOffices. One coworking conference in India is Coworking India, which will be the first dedicated conference in the country.
Blackstone Group LP’s slowing of purchases of houses to rent
Investors may be worried about the slowing of Blackstone Group LP’s purchases of houses to rent after it revealed that it had spent about $1.5 billion to buy more than 10,000 single-family homes this year. But the firm is still seeing lucrative investment opportunities. Its joint-venture with Colony Capital LLC plans to originate at least $1 billion in landlord financing this year.
Despite this, the company is also limiting its purchases of houses to rent to the general public.