‘Well-timed and significant’ federal interest rate cut to benefit both consumers and businesses, economist says

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…

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.

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.

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.

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.

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.

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.

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.

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.