Attom: Home sellers made a $121K profit on the typical sale in 2023, generating a 56.5% ROI. While still near record levels, it was the 1st decline in over a decade.
Some data shows that global real estate funds operated by private-equity firms held $544B in cash at the end of 2Q 2023, up from $457B at the end of 2Q 2022.
Farm owners in Polk and Putnam counties have signed deals worth nearly $9M with the Dept. of Agriculture to restrict future residential and commercial development.
Real estate pros should be aware of indications that a client may not be ready to become a homebuyer, such as an unwillingness to seek mortgage preapproval.
Regulators OKโd a plan for insurer Condo Owners Reciprocal Exchange to assume up to 400 โcommercial residentialโ policies - that cover condo buildings - from Citizens.
Developers in S. Florida and elsewhere are adding annexes to new construction, which let relatives like elderly parents have their own space in the same house.