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Commercial Weekly: Retail Vacancy Declines, Pushing Up Asking Rents
The retail vacancy rate declined throughout 2021 and ended Q4 2021 at 4.7%, down from the previous quarter’s 4.8%. Retail vacancy as of Q1 2022 is down to 4.5%.
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February 2022 REALTORS® Confidence Index Survey: Buyer Competition Intensifies to 5 Offers Per Home Sold
Buyer Competition Intensifies to 5 Offers Per Home Sold Buyer competition intensified in February 2022, with an average of nearly five offers for every home sold. By: Scholastica (Gay) Cororaton
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A Game of Ping Pong
The “waters of the U.S.” (WOTUS) must be science-based and reduce complexity for owners.
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Early Birds of Blockchain
Blockchain in real estate will irreversibly alter the industry, by providing a new way of thinking about transaction info can be stored & shared.
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Existing-Home Sales Fade 7.2% in February
Existing-Home Sales Fade 7.2% in February Sales fell month-over-month in all regions of the U.S. in February. Year-over-year, sales activity was up in the South, but down in the rest of the U. Media Contact: Quintin Simmons 202-383-1178
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Why Demand for Vacation Homes is Dropping
Rising mortgage rates and home prices are hitting the second-home market much harder than the primary-home market.
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Instant Reaction: Mortgage Rates, March 17, 2022
Instant Reaction: Mortgage Rates, March 17, 2022 Mortgage rates jumped to their highest level since April 2019, with the 30-year fixed mortgage rate rising to 4.16% from 3.85% the previous week. By: Nadia Evangelou Mortgage Financing
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Best Places to Buy a Beach House
A second home on a waterfront can not only be for a household to enjoy but also serve as a potential revenue stream as a rental.