Builders FirstSource bets $25.3 million on AI build-cycle scale

Dave:Real estate investors love to say that real estate is local, and today’s headlines are proving that idea exactly. On a national basis, we’re seeing asking prices drop faster than they have in years, but certain cities are seeing surging demand and some places that are attracting new businesses are poised for a quick rebound….

Senior housing landlords are in the driver’s seat when it comes to pricing their assets on the sales market as the silver tsunami finally bears fruit on the industry’s fundamentals.  But even with hungry investors and elevated prices, many senior housing owners are reluctant to part ways with properties because of how strong operating fundamentals…

To an outside observer, New York City agents have their pick of power brands with which to hang their license.  Corcoran, with its strong brand recognition and agent-favorite leader Pam Liebman, was a strong draw. Sotheby’s International Realty and its built-in globe-spanning client base could be appealing. And Compass, with its tech-forward platform and outspoken…

Recently, in August, CySEC (Cyprus Securities and Exchange Commission) warned about nine websites that do not belong to any entity authorised to provide investment services. This was the first warning from the Cypriot regulator since June. While CySEC oversees the largest number of FX/CFD brokers in Europe, its activity in issuing warnings remains relatively low,…

To be fair, mortgage rates haven’t been far from their long-term highs in over a week, but today’s 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd.   Higher rates are driven by weakness in the bond market. The latter can happen for many reasons….