Existing-home sales jump 4.3% in October

The FINANCIAL — Existing-home sales continued to trend upward in October, marking five consecutive months of month-over-month gains, according to the National Association of Realtors®. All four major regions reported both month-over-month and year-over-year growth, with the Midwest experiencing the greatest monthly…

7 mins read

Gen Z renters moving out and moving up

The FINANCIAL — Rental concessions, such as a free month’s rent, appear to be luring Gen Z out of their parents’ basements and back into the rental market. New Zillow research finds more Gen Z adults, ages 18 to 25, who had been living…

6 mins read

More real estate sales coming to DC

The FINANCIAL — The presidential election is over. Major media on all sides of the political spectrum agree that Joe Biden and Kamala Harris have won. No doubt there will be skirmishes ahead, but like Yorktown and Appomattox it’s time to move…

6 mins read

Persistent buyer demand is making homes sell above list price

The FINANCIAL — In more evidence that persistent buyer demand is pushing a strong housing market deeper into the year than usual, a new Zillow® analysis finds the share of homes sold above list continues to rise, blowing past the typical mid-summer peak. That…

8 mins read

Intense buyer demand continues to drive hot housing market

The FINANCIAL — Intense and persistent buyer demand is keeping the time on market for houses at incredible lows and pushing prices ever higher above 2019, according to Zillow’s Weekly Market Report. Sales remain high above last year and are expected to stay…

4 mins read

NAR provided raw count of home sales during the pandemic

The FINANCIAL — According to the latest release, existing-home sales rose 21% in September from one year earlier while new home sales rose 32%. These headline figures are seasonally adjusted and are reported in the news. To assess the overall trending direction…

4 mins read

Barbara Cominelli named as CEO of JLL Italy

The FINANCIAL — JLL (NYSE: JLL) has appointed Barbara Cominelli as new CEO of Italy with effect from December 4, 2020. In her new role, Cominelli will lead and strengthen JLL’s position as a leader in technology and data within the real…

3 mins read

Freddie Mac Issues 2021 Debt Funding Calendar

The FINANCE — Freddie Mac (OTCQB: FMCC) issued its 2021 funding calendar, which provides optional announcement dates for Reference Notes® securities and announcement dates for Reference Bills® securities. The 2021 funding calendar is available on the Debt Securities Auction.  Reference Notes issuances and Reference Bills…

1 min read

JLL reported Q3 results

The FINANCIAL — Jones Lang LaSalle Incorporated (NYSE: JLL) reported operating performance for the third quarter of 2020 with diluted earnings per share of $2.52 and adjusted diluted earnings per share1 of $2.99. Consolidated revenue was $4.0 billion and fee revenue1 was $1.4 billion,…

1 min read
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