Jan 06
Investment management company Blackstone this week reported that high returns in its real estate investments fueled record-setting fourth-quarter results. “Blackstone reported the most remarkable results in our history on virtually every metric,” Stephen Schwarzman, co-founder and chief executive, said as the company released its earnings results this week. Its $280 billion real estate business generated …
Jan 05
5525 Kneass Ave, Sea Isle City, NJ. 08243 Listing courtesy of Dustin Laricks – COMPASS RE – Sic $3,500,000 Est. Mortgage $20,683/mo*4 Beds3 Baths2504 Sq. Ft. Description about this home for sale at 5525 Kneass Ave, Sea Isle City, NJ. 08243 Create a waterfront dream house that is equally as stunning as the scenery. This …
Jan 05
As COVID-19 travel restrictions began to lift last year, foreign investors flocked back to U.S. commercial real estate. Foreign investments exceeded pre-pandemic levels in 2021, a new report from Real Capital Analytics shows. Foreign investors purchased $70.8 billion of U.S. commercial real estate in 2021. That marks the highest total since 2018’s $94.6 billion. The …
Jan 04
Listing courtesy of Diane Krause – BHHS Fox & Roach-Bryn Mawr $549,000 Est. Mortgage $3,720/mo*4 Beds3 Baths2138 Sq. Ft. Description about this home for sale at Delco / Broomall PA. Home – 412 Yale Ave, Broomall, PA. 19008 This stone rancher in the heart of Broomall will surprise and delight with its spacious interior and …
Jan 04
The self-storage industry is seeing rapid growth as a result of the pandemic spurring more people to reorganize their homes, to find extra space as they work from home, and to move to the suburbs or move in with more family members. Thirty-eight percent of Americans reported being self-storage users, according to a newly released StorageCafe survey of about 17,000 survey …
Jan 03
The commercial real estate market is roaring back. U.S. commercial real estate investment volume in 2021 totaled a record high of $746 billion, a newly released CBRE report shows. That marks an 86% increase over the previous year. In context, however, that is a comparison to when the COVID-19 pandemic struck the U.S. in 2020 …
Jan 03
Listing courtesy of Karen Bittner-kight – RE/MAX SELECT $425,000 Est. Mortgage $2,892/mo*4 Beds2 Baths1665 Sq. Ft. Description about this home for sale at 714 Paxon Hollow Road, Broomall, PA. 19008 Don’t miss out on this Marple Township single family Ranch home sits on a stunning large lot with four bedrooms and two full bathrooms with …
Dec 30
Have a Happy, Healthy and prosperous New Year. Photo courtesy of FlashBuddy and pixabay.com
Dec 30
Seeing the opportunity and high demand, institutional investors are snatching up as much U.S. real estate as they can. Investors purchased 18.4% of homes in the fourth quarter—a record high, according to housing data from Redfin. Investors are seeing opportunities in turning homes into rentals and commanding higher rents or have plans to flip homes …
Dec 29
Listing courtesy of Pamela Butera – KELLER WILLIAMS REAL ESTATE – BLUE BELL $2,285,000 Est. Mortgage $13,682/mo* 6 Bedrooms 4 baths Description about this home for sale at 117 83rd St. Sea Isle City, NJ. 08243 Welcome to this fabulous home just 3 blocks from the beach on a quiet exclusive street on the south …
Dec 29
Renter confidence over their finances is on the rise. That is good because that coincides with a recent survey finding that shows property owners plan to increase rents higher still this year. Sixty-one percent of property owners say they plan to raise the rent on at least one of their rental properties within the next 12 …
Dec 29
Housing was on a roller coaster this year, going from a homebuying frenzy to a standstill. These market dynamics will carry into 2023. The real estate market has had a bumpy ride and will continue to be a bit unpredictable sliding into 2023. Here are five market trends that emerged this year. The Great Housing …
