There are so many real estate articles out there — and so little time! For busy investors looking to take a quick reading break, look no further than our list of recommended reading for the week. From advice and investment tips to market reviews, we’re highlighting the stuff that’s really worth your time.
So sit back, and take a break. These were the 5 Must-Read Real Estate Articles of The Past Week:
By Mark Calvey via The San Francisco Business Times
Zillow said Thursday that confidence in the housing market is eroding in some of the nation’s hottest real estate markets, including San Francisco. Other markets seeing confidence take a hit include San Jose, Denver and Dallas, according to the latest Zillow Housing Confidence Index. Last month, Zillow said those four cities were still posting double-digit year-over-year increases in home value appreciation…. One ominous sign: Zillow conducted its confidence survey in the first half of July, well before stock market volatility and talk of a cooling housing market emerged in August.
By Peggy Sito via The South China Morning Post
London has maintained its position as the most liquid and transparent real estate market in the world, according to JLL. In its latest Investment Intensity Index, which compares the volume of direct real estate investment over a three-year period relative to the current economic size of a city, London took top spot for the third consecutive quarter while Munich came second. Sydney, the most liquid city in the Asia-Pacific region, ranked third and Oslo fourth, according to JLL. The index highlights key characteristics that are helping cities on the list maintain a competitive advantage.
By Lisa Prevost via The New York Times
Marketing agreements between mortgage lenders and real estate brokerages have been commonplace for years. But federal regulators are cracking down on some of these arrangements as violations of anti-kickback laws, and two major lenders have taken steps to end the practice. In July, Wells Fargo and Prospect Mortgage announced they were doing away with what are known as marketing services agreements, or MSAs, with real estate firms, builders and other referral partners, citing uncertainty about regulatory tolerance for these agreements.
By Jonathan Wasserstrum via Tech Crunch
Real estate isn’t just for brokers anymore. Technology is creating an industry that’s consumer-facing, accessible and easy to navigate. From buying a space, to moving in, to even maintaining that space, tech-fueled startups have been fulfilling every nook and cranny of need in the realm of real estate, and it’s all to make the process easier for you, the consumer. Before the likes of Trulia, Zillow, StreetEasy, Compass and even Craigslist, purchasing a home was complex, and it inevitably involved a select group of people — brokers and agents — who knew the ins and outs of the industry.
Via The Real Deal
An influx of residential development in Bushwick is having an effect on the neighborhood’s rent prices — which dropped 16 percent on average over the past year as the number of apartments on the market quadrupled. Bushwick rents dropped to an average of $2,090 per month in August, from $2,485 per month in the same month last year – the steepest drop of any neighborhood documented in real estate firm MNS’s market report for last month. The sharp decline in Bushwick rents is attributed to a significant increase in the number of apartments available in the neighborhood, which increased four-fold over the last year, according to DNAinfo.
Did you like these articles? What were your favorite articles this week?