Redfin: Inventory shortage now impacts luxury housing market

Redfin: Inventory shortage now impacts luxury housing market

According to the latest luxury housing market report by Redfin, luxury home prices grew 7.5% in the second quarter of 2017 compared to last year,
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Staging's a Necessary Expense When Selling Luxury Real Estate

“Unless the house is a teardown,” said Billy Rose, the founder and president of Los Angeles-based real estate brokerage The Agency, “I can't
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Swiss postal scheme joins mortgage-lending trend

Switzerland's CHF15.8bn (€14.7bn) pension fund for postal employees has joined several of its compatriot Pensionskassen in the mortgage lending
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Tesla Goes From Zero to 100 in Three Months

Tesla went from zero to 100 in three months — which, granted, doesn't sound that impressive. Without it, though, the electric-car pioneer might not have
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Blue Apron Plans to Cut 24% of Staff Barely a Month After IPO

Blue Apron Holdings Inc. is cutting almost a quarter of its staff barely a month after its initial public offering as the meal kit delivery company struggles
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Thomson Reuters links with S3's Black App

S3 Partners's real-time short interest and securities finance analytics app, Black App, is now available on the Thomson Reuters Eikon App Studio.
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Investment management director leaves SEC

The US Securities and Exchange Commission's (SEC's) director of the division of investment management, David Grim, will leave the agency next
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Gary Kelley, real estate professional, helps you make the right move

RE/MAX real estate agent Gary Kelley knows that you have a lot of choices when it comes to hiring a real estate agent. He's so sure that his group is
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What hath Redfin wrought? Real estate startups offer flat fee for selling homes

Price wars are intensifying in the battle between real estate fintechs and traditional residential brokerages. Will Redfin's successful IPO spur more real
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Cash squeeze more than quadruples Nigeria's interbank lending rate

LAGOS, Aug 4 (Reuters) – Nigeria's interbank lending rate jumped to 23 percent on Friday from just five percent a week ago after the central bank
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Want to buy a farm? Maine's farm real estate is least expensive in the East

According to the report, Maine's farm real estate, a measurement of the value of all land and buildings on farms, is an average of $2,200 per acre.
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Brainstorm Health Daily: August 4, 2017

(Fortune). Senate passes FDA user fee program that funds agency. The U.S. Senate on Thursday passed a critical FDA funding bill that constitutes a
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Md. real estate mogul, Shaquille O'Neal in free-throw throwdown

WASHINGTON — Live! Casino & Hotel kicked off a casino promotion Thursday night with a free-throw contest between real estate developer David
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What Are FHA-Approved Condos?

Note: The FHA is not a mortgage lender—it insures mortgage loans from approved banks and lenders. In turn, these lenders give loans to people who
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Huge Companies Are Giving Billion-Dollar Bumps to Their Retirement Plans. Here's Why

The grocery store chain Kroger recently made a quiet, unceremonious announcement—with a big dollar figure attached. The chain stated it would add
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Houston suburb among top 20 US ZIP codes with highest real estate returns

Online real estate investment management firm, HomeUnion, has put together a list of the top ZIP codes in 20 metros that maximize real estate returns
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What's New In Maine Real Estate

The farm home of E.B. White, the author of Charlotte's Web, is for sale. He penned Charlotte's Web while living there. Another Maine property for sale
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Despite lending constraints, developer gets funding to build 300-unit community along Fort Worth's …

Despite lenders pulling back the reins on construction financing, a Park City-based developer has landed a multimillion-dollar loan to develop a
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Real estate course to be taught in fall

“Real Estate Principles and Practices,” a 60-hour course meant to prepare participants for the sales associate or broker exam, will be available in
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Marijuana Company Buys California Ghost Town, Eyeing a Green Rush

Nipton, CA (population 20), located on the border of California and Nevada, is a remnant of the California Gold Rush. Now one of the first publicly
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