World News
Florida's California Moment: Skyrocketing Housing, HOA and Insurance Costs Take Center Stage in 2025
For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.
Home Seller Concessions Climbing as Market Conditions Shift in U.S.
According to a recent report from Redfin, 44.4% of U.S. home-sale transactions in the first quarter of this year included concessions from sellers -- an increase from 39.3% during the same period last year and just shy of the record 45.1% seen in early 2023.
SENTIENT MORTGAGE Consumer-to-Lender AI Matching Engine Commences Development
Miami-based World Property Ventures (WPV) announced this week its latest proptech initiative now under development: SENTIENT MORTGAGE, an emerging AI-driven mortgage matching engine.
U.S. Homes Sold at Slowest Pace in 6 Years in March, Demand Sluggish
New data from Redfin reveals that the typical U.S. home that went under contract in March 2025 spent 47 days on the market -- the longest median time for any March since 2019.
U.S. Multifamily Buyer and Seller Sentiment Improves in Early 2025
According to recent data from CBRE, underwriting assumptions for core U.S. multifamily assets showed improvement in Q1 of 2025, while those for value-add assets saw a slight decline.
