Clarence Thomas failed to report property deal with Texas developer
Crow Holdings chair Harlan Crow, already under scrutiny for his role as a benefactor to the US Supreme Court Justice, reportedly bought 3 properties from Thomas, including his mom's home
by Daniel Houston Apr 14
Corcoran Group adds first affiliate in Georgia
Corcoran Austin Hill Realty, formerly known as Austin Hill Realty, will be led by owners Austin Hill and Stephanie Wilson-Evans and based in Savannah
The best US cities for rental arbitrage in 2021
Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term
by Lillian Dickerson Aug 10
Get paid to move: 6 regions wooing new residents with cash perks
Economic councils across the U.S. are trying to lure remote workers with incentives like cash, community events with other transplants, free flights and in the case of the Northwest Arkansas Council, a bicycle. And it seems to be working
by Lillian Dickerson Apr 30
Sandra Bullock sells Tybee Island estate below asking at $4.2M
After sitting on the market for nearly 2 years, Bullock accepted an offer for her estate that was about $2.33M below the original asking price
by Lillian Dickerson Jan 25
Home flipping rates continue downward trend, profits hit new high
Despite the seeming decline in popularity of house flipping, the gross profit on the typical home flip rose to its highest amount since 2000 of $73,766, up from $69,000 during the second quarter of 2020
by Lillian Dickerson Dec 16
Among renters, demand for short-term leases soar amid pandemic
In November, 16.4% of renters sought out apartments with short-term leases outside of their current metro area, a 40% increase since January, according to Apartment List
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Residential refis make up 55% of home loans in first quarter
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
by Lillian Dickerson May 20
New status symbol for brokerages? A well-stocked supply of PPE
Although agents have relied on PPE throughout the pandemic, it's unclear if they and their clients will continue using the supplies once it's no longer absolutely necessary
Redfin launches in new markets in Tennessee, Georgia, Kentucky
Consumers in Savannah, Chattanooga and Northern Kentucky will now be able to search for homes on Redfin.com as well as use the brokerage's agents
by Jim Dalrymple II Oct 30
Will other states follow Arizona in passing Airbnb laws?
How short-term rental regulations are impacting various businesses
by Peter Abualzolof Jul 21