World Property Journal » Las Vegas Real Estate
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The world property journal blog is a real estate News and information business on a global scale. With millions of worldwide online readership that are often quoted by other mass News media outlets, the wpj is currently the #1 ranked international real estate News site in the world by Google, and top-ranked in over 50+ local countries. The world property journal was founded in miami, FL in the..
World Property Journal » Las Vegas Real Estate
1w ago
In March 2024, housing starts declined by 14.7% to a seasonally adjusted annual rate of 1.32 million units, influenced by higher-than-anticipated interest rates and persistent inflation, as reported by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau ..read more
World Property Journal » Las Vegas Real Estate
1w ago
In 2023, total commercial real estate mortgage borrowing and lending was estimated at $429 billion, marking a 47 percent decline from $816 billion in 2022, and a 52 percent fall from the record high of $891 billion in 2021 ..read more
World Property Journal » Las Vegas Real Estate
1w ago
This past week, the average daily mortgage rate climbed to over 7.4%, marking its highest point since last November 2023, influenced by an unexpectedly high inflation report and confirmation from the Federal Reserve that interest rate reductions would be postponed ..read more
World Property Journal » Las Vegas Real Estate
1w ago
On March 28, 2024, the Antitrust Division of the U.S. Department of Justice (DOJ) intervened for the third time recently, backing plaintiffs in class action lawsuits challenging defendants' utilization of pricing software ..read more
World Property Journal » Las Vegas Real Estate
3w ago
Following the groundbreaking agreement between the National Association of Realtors (NAR) and the Department of Justice on March 15, 2024, the real estate sector is abuzz with discussions about the potential effects on the future of commercial co-broker fees and payment methods ..read more
World Property Journal » Las Vegas Real Estate
3w ago
According to recent data from national property broker Redfin, a significant portion of U.S. homebuyers are in the dark about their real estate agent's compensation: 28% are unaware of the payment amount, 17% do not know how this figure was determined, and 19% are uncertain about who actually pays their agent ..read more
World Property Journal » Las Vegas Real Estate
3w ago
LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during March was $465,000. That's up 9.4% from $425,000 in March of 2023. Local home prices are still below the all-time record of $482,000 set in May of 2022 ..read more
World Property Journal » Las Vegas Real Estate
3w ago
Recent research from CBRE indicates that prime multifamily assets have seen a slight improvement in going-in cap rates, exit cap rates, and unlevered internal rate of return (IRR) targets in Q1, 2024 ..read more
World Property Journal » Las Vegas Real Estate
1M ago
According to the Mortgage Bankers Association's latest Commercial Delinquency Report, U.S. commercial mortgage delinquencies increased in the fourth quarter of 2023 ..read more
World Property Journal » Las Vegas Real Estate
1M ago
Based on new research by national property broker Redfin, more than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming 2024 presidential election ..read more