This Week’s Real Estate News
North Texas Home Sales Hammered by Pandemic
North Texas home sales slid in April as buyers sheltered in place from the pandemic. Home purchases in the area were down 17% from a year ago — the biggest such decline in nine years.
Embracing Remote Work: Freedom, Without Sacrifice
Some tips for commercial real estate pros getting used to the world of remote work, including how having an in-home video studio can help.
WeWork skips rent payments to cut costs amid pandemic
WeWork has stopped paying rent at some U.S. locations, in the latest sign that the co-working company is aggressively trying to cut costs as the economic downturn eats into its revenue.
“Expecting the world to treat you fairly because you are a good person is a little like expecting the bull not to attack you because you are a vegetarian.” — Dennis Wholey
Residential Mortgage Rates in America Above 7 Percent, Again
Mortgage Rates in America Above 7 Percent, Again
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Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.04 percent as of January 16, 2025.
Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.
Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.
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CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial in...