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Real Estate

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These Are The Issues You Must Avoid Investing In Property

4 mins read

Are you thinking about investing in a new property? This can be a strong investment choice and is arguably one of the most secure ways to use money that you might have built up over the years. However, it is important that you are aware of the potential issues with this plan. …

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Things to Consider Before Investing in Real Estate

5 mins read

Real estate is a popular investment simply because property generally increases in value over time and it’s considered the safer option. The chances of losing money when investing in real estate as an asset, is less likely than when compared to investing in the stock market. For this reason, property investment returns are usually more…

Existing-home sales jump 4.3% in October

3 mins read

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 increases. Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops,…

Gen Z renters moving out and moving up

3 mins read

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 with family or friends say they’re now renting, and most say they got…

More real estate sales coming to DC

3 mins read

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 on. “Whatever else they do, elections spur a lot of economic activity,” said…

NAR partners with Buffini & Company to offer new educational program for new real estate agents

2 mins read

The FINANCIAL — A new educational resource for real estate agents developed by North America’s largest training and coaching firm, Buffini & Company, was unveiled at the kickoff event of the 2020 REALTORS® Conference & Expo on Monday. Standing alongside National Association of Realtors® CEO Bob Goldberg, Buffini & Company’s Founder & Chairman Brian Buffini introduced the…

JLL names EMEA CEO – Guy Grainger as Global Head of Sustainability Services & ESG

1 min read

The FINANCIAL — JLL announced that its EMEA CEO Guy Grainger will move into a new role as Global Head of Sustainability Services & ESG with effect from January 1, 2021. The new senior role reflects the company’s ongoing strategic focus on expanding its already substantial sustainability services capabilities. Grainger’s successor as EMEA CEO will…

Persistent buyer demand is making homes sell above list price

3 mins read

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 is great news for prospective sellers who want to maximize their return from…

JLL maintains ranking as a Top 10 UK employer for social mobility

1 min read

The FINANCIAL — JLL has once again been recognised as one of the UK’s employers who has the most commitment to improving social mobility within the UK. The property firm maintains its Top 10 employer position in the Social Mobility Employer Index 2020 for the second year running. With the COVID-19 pandemic having a negative impact on social…

Intense buyer demand continues to drive hot housing market

2 mins read

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 robust in the coming months. Time on market still short as pending sales…

NAR provided raw count of home sales during the pandemic

1 min read

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 of the economy, nearly all economic data – from GDP and employment to…

Barbara Cominelli named as CEO of JLL Italy

1 min read

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 estate sector. As Chairman of the Board – Senior Advisor, Pierre Marin will…

Freddie Mac Issues 2021 Debt Funding Calendar

1 min read

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 auctions may vary in size and frequency based on the company’s funding needs…

JLL reported Q3 results

1 min read

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, decreases of 12% and 23%, respectively Capital Markets and Leasing continued to be…

Housing market shows signs of seasonal cooling even as historic demand continues

3 mins read

The FINANCIAL – The housing market is showing signs of seasonal cooling after a scorching hot summer sales season that stretched uncharacteristically far into fall, according to Zillow’s Weekly Market Report1. A nearly six-month acceleration of year-over-year list price increases stabilized this week at 11.7% above 2019. Buyers are quickly buying up what few homes are…

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