Michael Gerrity, founder of Miami-based real estate technology developer World Property Ventures, announced this week two of its wholly owned subsidiary companies, World Property Markets and World Property Media, are each set to launch significant joint-venture funding rounds in early 2025 in partnership with the global property industry itself.
Global property consultant CBRE reports that U.S. retailers are adopting strategies to make in-store returns more convenient, encouraging customers to return online purchases to physical locations instead of through the mail. This shift helps retailers reduce return-related costs and boosts in-store foot traffic, creating opportunities to drive additional sales.
The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.
All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way. Year-over-year, contract signings increased in all four U.S. regions, led by the West.
CoreLogic's latest Single-Family Rent Index Report (SFRI) examines changes in single-family rental prices both nationally and across major metropolitan areas. The report reveals a slowdown in rent growth across key U.S. metro areas that experienced population surges during the pandemic.