The average home in California is expected to be valued at more than $1 million by 2030, according to research by RenoFi, an online company that specializes in home loans for renovation projects.
California has outpaced the national average for increasing home prices over the past decade, growing 78 percent and sending the average home value from $331,000 in 2010 to $598,000 today. Read More
Edina Realty fired one of its agents last week after she posted on Facebook about removing Black Lives Matter signs from light poles outside her apartment building.
The real estate agency was informed via a Facebook comment that Babette Gillet Bean, a longtime employee of the company, had “actively participated in the removal of BLM signs that have been posted in her neighborhood.” Read More
Eight cyber-criminals have been arrested in an Africa-based “cybercrime and business email compromise (BEC) conspiracy” for stealing $15 million dollars related to real estate transactions from businesses and individuals in Memphis. Of the five cyber-criminals arrested in the U.S. three were citizens from Mexico, Ghana and Nigeria, and two were Americans. U.S. officials are… Read More
The Wall Street Journal has taken notice of how Nashville is becoming gentrified and is in danger of becoming a “chic urban playground for the wealthy.” James Fraser, an urban studies professor at Vanderbilt University, told The Wall Street Journal the city needs 30,000 more units of affordable housing and… Read More
PSC Metals is looking to move its scrap-metal recycling operations from its valuable downtown Nashville site on the riverfront and relocate its corporate headquarters to Music City as well, the Nashville Post reports. The company would move its recycling center near Nissan Stadium to somewhere else in Davidson County, the Post… Read More
Sales of new single-family homes spiked in September, hitting their highest level in a decade after months of declines and sluggish growth, Commerce Department figures showed Wednesday. The sudden jump in sales came despite tightening supply and rising prices, with home-buyers closing on houses in record numbers in the storm-damaged… Read More