A West Virginia University economist sees a multitude of potential benefits from the Federal Reserve’s half-point interest rate cut Wednesday (Sept. 18), a larger than expected reduction intended to help cushion the U.S. economy. Arabinda Basistha, associate professor of economics…
Tag: Real Estate
How to Balance Profit and Responsible Real Estate Development
Finding the balance between maximizing profit and promoting civic development is critical for successful growth in cities, says Justin Hollander, a professor in the Department of Urban and Environmental Policy and Planning at Tufts University
FAU Experts for the 2024 Hurricane Season
The 2024 Atlantic hurricane season begins on June 1, and forecasts indicate a highly active season. Several Florida Atlantic University faculty experts are available to discuss various issues surrounding hurricane preparedness, evacuation and aftermath.
All-Cash Home Buyers Pay 10% Less than Mortgage Buyers
Owning a home has long been considered a crucial way to build wealth, but making such a purchase has become increasingly difficult for many residents. In addition to steep housing prices and high interest rates, there have been a growing number of all-cash buyers who can close a deal quickly, beating out competing offers from buyers who need to finance their home with a mortgage.
GW Experts: National Association of Realtors Settles Lawsuits by Agreeing to Slash Sales Commissions
The National Association of Realtors has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on a standard 6 percent sales commission, according to The New York Times. The settlement might mean that…
Digital real estate listings with more photos, descriptions earn higher sale prices
Using “experiential” descriptions and more photos on Zillow can boost offers and sale prices, especially for homes valued significantly higher or lower than the neighborhood average, according to a new study.
Never-married adults comprise lowest percentage of U.S. homeowners, new BGSU research finds
Roughly 48% of adults who have never been married owned a home in 2021. Divorced adults comprised 59% of homeowners, with widowed individuals at 71%. Married adults contributed to the largest share of ownership at 80%.
FAU Experts for the 2023 Hurricane Season
With the 2023 Atlantic hurricane season officially starting on June 1 and ending Nov. 30, several Florida Atlantic University faculty experts are available to discuss various issues surrounding hurricane preparedness, evacuation and aftermath.
College Students Win Harold E. Eisenberg Foundation’s Annual Real Estate Challenge
A group of University of Arkansas at Little Rock students won a national Real Estate Challenge in Chicago, winning a $5,000 scholarship that will be used to support finance/real estate students at UA Little Rock. UA Little Rock was the Undergraduate Division Winner of the Harold E. Eisenberg Foundation’s Annual Real Estate Challenge, which matches teams from selected universities in a competition focusing on a high-profile development/redevelopment project in the Chicago Metropolitan area.
Real estate expert spells out what home buyers should pay attention to in volatile housing market
During the housing boom of 2022, homes were selling for well above list price and buyers had to compete for what little was available, but that boom has gone bust, brought low by high interest rates, or so the headlines…
New UC San Diego Model Predicts Housing Prices to Fall as much as 18% this Year
A new model of forecasting home prices based on consumer demand predicts that prices for housing will decrease by 5% nationally and 12% in San Diego County by the end of this year. The model, which highlights online search activity, was recently published in a new study from the University of California San Diego’s Rady School of Management.
Indiana University Kelley School of Business students establish $4.2 million real estate private equity fund
Students at the Indiana University Kelley School of Business have raised $4.2 million to establish a real estate private equity fund that they and their future peers will manage and use to make investments in existing and future developments. Called Sample Gates Management Inc., it is the largest undergraduate student-managed real estate private equity fund launch, measured by dollars raised, in the country.
UW researchers find privacy risks with 3D tours on real estate websites
University of Washington researchers examined 44 3D tours in 44 states across the U.S. to look for potential security issues when personal details were included in the tour.
FAU Experts for the 2022 Hurricane Season
With the 2022 Atlantic hurricane season forecast to be above average activity with a higher probability of major hurricanes making landfall along the continental U.S. coastline, several FAU faculty experts are available to discuss various issues surrounding hurricane preparedness, evacuation and aftermath.
GW Expert Can Discuss Housing Market Trends and Analysis
Existing home sales fell slightly for a third straight month, according to April data released by the National Association of Realtors. A finance and economics professor at the George Washington University says a slowdown in home prices and production could…
University of Utah purchases historic property in Washington, D.C.
The University of Utah has purchased the buildings at 1527 and 1529 18th St. NW from the Mathematical Association of America — the property’s owner since 1978. Early next year, the U will begin using the new “Orrin G. Hatch Center” as a living and gathering place for students from the Hinckley Institute of Politics, which runs one of the nation’s most enduring and prestigious Washington, D.C., internship programs. The Hatch Center will allow the Hinckley Institute’s national internship program to house up to 50 interns per semester and provide access for university leadership and staff.
Helping Adults Navigate the Decision to Move Back in With Parents
A recent study offers insight into how adults can navigate the often awkward experience of moving back in with their parents.
Multi-story buildings made of wood sell for 9% more than other construction in Helsinki
Building more homes and buildings with wood has been on the radar for years as a way to offset carbon emissions, though construction companies have been hesitant to take the material in broader use. A study at Aalto University in Finland is now the first to show that building with wood can be a sound investment.
UIC Urban Forum to address wealth gap, equity concerns
New York Times best-selling author Heather McGhee to deliver keynote for virtual event April 14
Colliers Arkansas Donation Points to Industry Support of Real Estate Program at UA Little Rock
Colliers Arkansas has made a $25,000 donation for a University of Arkansas at Little Rock scholarship established in honor of Colliers Arkansas Co-Founder L. Dickson Flake.The gift from Colliers Arkansas brings the L. Dickson Flake Endowed Scholarship to more than $230,000, which allows for more scholarships to be awarded in the fall for UA Little Rock students pursuing an education in finance and real estate.
Sea Level Rise Report: Impacts to Property and Regional Planning Solutions
A new study reveals that urgent action is needed to protect billions of dollars in real estate investment across South Florida due to impacts of sea level rise over the next several decades. The report casts light on the issues and clarifies the alternatives available to South Florida, which embraces the four counties of Monroe, Miami-Dade, Broward and Palm Beach. Together, these counties generate more than $337 billion in personal income annually with a combined real property value assessed at more than $833 billion.
UIC Business announces the Stuart Handler Department of Real Estate
The Stuart Handler Department of Real Estate joins the accounting, finance, information and decision sciences and managerial studies departments in serving the University of Illinois at Chicago College of Business Administration’s more than 3,000 undergraduate and 800 graduate students.
It’s a beautiful day in the neighborhood … or is it?
Contrary to what many would think, characteristics of your neighborhood have little to do with how satisfied you are with it, Michigan State University research found.
Rutgers Economist Available to Discuss Stress on Housing Market
Rutgers scholar and economist Bruce Mizrach is available to comment on stresses on the housing market and the Federal Reserve’s response during the COVID-19 pandemic. Mizrach said: “According to data from Redfin, pending home sales slowed significantly during late February as bad…
Mount Sinai St. Luke’s Renamed Mount Sinai Morningside
New name clarifies the key role the hospital plays in the Mount Sinai Health System, honors the community the hospital serves, and reflects the considerable investments that have brought technologically advanced Mount Sinai-level care to the residents of Upper Manhattan, Westchester, New Jersey, and beyond.