Category Archives: Real Estate

Down Payments for Housing Have No Place in the Stock Market

First American News LLC, Raleigh NC: Even amid soaring house prices, high inflation and endless investment opportunities, saving for a home means parking money in cash savings. Millennials have aged into home-buying territory. Last year, we made up the largest demographic of house buyers, according to the National Association of Realtors. Elder Millennials, or those born between 1980 […]

Mortgage rates surge to levels not seen since the early days of the pandemic

First American News LLC: Raleigh, NC: Mortgage rates have come out soaring in just the second week of the year, reaching levels not seen since March of 2020, a closely watched survey shows. Other new research shows the higher borrowing costs — which most experts say will only continue heading north as the economy improves […]

Wall Street Is Using Tech Firms Like Zillow to Buy Starter Homes

First American News LLC, Raleigh, NC: A business that’s touted as a convenience for home sellers has created a secret pipeline for big investors to buy properties, often in communities of color. Zillow Group Inc. spent last year aggressively expanding a home-flipping operation designed to make the $2 trillion U.S. real estate market better for […]

CBRE is Buying $4.9 Billion in Warehouses in The U.S. and Europe

First American News LLC: Raleigh, NC: Real estate owner CBRE Investment Management said it has agreed to buy a global portfolio of logistics properties valued at $4.9 billion, representing one of the largest sales ever of industrial property, said Gaby Mendoza of One West Realty Groupo Inmobiliario. The properties were built or are being developed by […]