Joey Agree, Agree Realty president and CEO, joins CNBC’s ‘The Exchange’ to discuss why his company is bullish on commercial real estate, outlooks on consumer behavior, and more.
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The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac on Wednesday announced new minimum standards to be included in tenant leases on GSE-backed multifamily properties, following up on a policy announced last month by the Federal Housing Finance Agency (FHFA). The new lease standards will require a five-day grace period for rent payments, a 30-day…
While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors‘ (NAR) nationwide commission lawsuit settlement agreement, others have taken it a step further and are betting their companies on it. Meet the AI real estate agent. Unlike human agents, these…
The typical down payment for U.S. homebuyers soared to a record high of $67,500 in June, up nearly 15% from $58,788 a year earlier, according to a new report from Redfin. The increase in down payments came despite a slowdown in home price growth (4%). Redfin economists attributed it to the quirks of the current market, where…