If you’re looking for a quick and easy way to stay informed about the latest real estate news, there are several online publications to choose from. Specialized publications and coworking conferences are just two options. Other publications include Coworking conferences and Rising mortgage rates. You can also choose to subscribe to Our Daily News, which includes the top headlines from major news sources. This online publication can be sent straight to your email inbox. Whether you prefer to read it at your convenience, or you want to subscribe to a specific topic, you’ll find it helpful.
If you’re a commercial real estate agent, you’ve probably been hearing a lot about coworking spaces lately. The industry is rapidly growing, and the popularity of coworking spaces has even made it into the real estate news. However, the future of this industry is a little more hazy. While many experts predict that the coworking trend will continue to grow, others remain skeptical. But if you’re looking for a new, exciting, and property news investment, you should consider coworking conferences.
In recent years, the coworking movement has grown considerably. But how does coworking work? Here are some of the key factors to consider. The first one is health and safety.
Coworking conferences are often held in places where workers eat together. Many of them will have communal kitchens instead of buffet lines, which tend to have pre-packaged food. In addition, coworking facilities will be equipped with high-speed Internet and reservation systems. Another important factor will be community. A coworking facility must foster a sense of community.
You might be wondering where to find accurate real estate news. There are several specialized publications on the market, but it all depends on your preferences. It is best to look for a reliable source that will not publish data that is unverified. After all, your market strategy might depend on the news you read at the right time. A quick way to tell if a website is credible is to check its design. If it is cluttered and the content is disorganized, it is unlikely to be an authentic source of real estate news.
While the focus of commercial real estate news is global, there are many specialized publications geared toward specific niches. If you are interested in developing a coworking space, local business journals may have dedicated sections covering recent transactions, new developments, and company expansions and moves. Local newspapers also provide valuable information on local lenders, banks, and capital markets. So, if you are an investor in this industry, you might want to take advantage of this type of publication.
Rising mortgage rates
The U.S. Federal Reserve recently announced an increase to its short-term interest rate. The hike comes on the heels of rising inflation. Mortgage interest rates typically follow the same trajectory. The Fed’s announcement to increase rates came as a surprise to many, but the increase has been welcomed by the housing industry. Rising mortgage rates have many potential consequences for the housing market. While experts aren’t predicting a sudden spike, they do expect mortgage rates to continue increasing.
One potential effect of rising mortgage rates is a shortage of affordable housing. First-time homebuyers will find themselves with less money than they thought they could afford. This may push renters into the rental market, where prices are already rising quickly. In the end, it may even benefit the housing market as a whole. Rising mortgage rates are good news, according to some experts. But they also pose a danger. For first-time homebuyers, this means a longer time to rent.
New York City’s housing market
Recent data on New York City’s housing market suggests that demand is strong and prices are very affordable. As of December 2018, net effective median rent in Manhattan hit its highest level since 2009. Meanwhile, new lease signings fell at the fastest rate on record and listing inventory declined at a record pace for a fifth consecutive month. Despite these signs, the housing market is far from a bubble. During the peak home-buying season, the market will be particularly active.
In New York City, the median home price reached $383,699 in the first quarter of 2010. Then, in 2013, the median home sold for more than double its previous year, reaching $658,00. The increase in home prices marked the sixth consecutive year of gains. During the pandemic, the real estate market began to cool. As a result, NYC became the epicenter. Despite the downturn, however, prices continue to rise.