Edward  Giles

Edward Giles

Real Estate Broker

License #: DC:BR98366683 MD:677790 VA:0225073221 GA:312662

Georgetown Realty Group

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The Most Popular Cities for Millennial Homebuyers

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:03

Though it may sometimes seem as if millennials are destined to rent or live in their parents’ basements forever, they make up the largest share of homebuyers in the U.S., surpassing older (and richer) generations, according to a new report from LendingTree. To highlight where millennials are looking to buy, LendingTree’s new report analyzed mortgage…

The post The Most Popular Cities for Millennial Homebuyers appeared first on RISMedia.

Mortgage Applications Make a Positive Turnabout This Week

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:02

After a brief dip reported a week ago, mortgage applications increased this week 7.4% from a 9.0% decrease one week earlier, according to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2023. This week’s numbers: The Market Composite Index, a measure of mortgage loan…

The post Mortgage Applications Make a Positive Turnabout This Week appeared first on RISMedia.

Multifamily Rents Flat as Economic Fears Ease

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:01

After declining in the fourth quarter as growth decelerates, multifamily rents were flat in January at an average of $1,701, unchanged from December, according to a new from Yardi Matrix.  Yardi Matrix’s National Multifamily Report for January found that year-over-year rent growth continues to decline and is now 5.5%, down 70 basis points from last…

The post Multifamily Rents Flat as Economic Fears Ease appeared first on RISMedia.

UK-Based Chestertons Joins Forbes Global Properties Network

USA Real Estate News-RISMedia - Wed, 2023-02-08 15:00

Forbes Global Properties has announced UK-based brokerage Chestertons as the newest member of its business network. Established in 1805, and today owned by chairman Salah Mussa, Chestertons will exclusively represent the Forbes Global Properties brand in its home city of London. Chestertons has one of London’s largest office networks with nearly 600 employees, the  company…

The post UK-Based Chestertons Joins Forbes Global Properties Network appeared first on RISMedia.

The Prince Team reigns supreme in move from Compass to Corcoran

USA Real Estate News-Inman - Wed, 2023-02-08 13:48
Dockery and the Prince Team have netted $500 million in sales volume across 800 transactions and will now be affiliated with Corcoran's SoHo office, the brokerage told Inman exclusively.

The Prince Team reins supreme in move from Compass to Corcoran

USA Real Estate News-Inman - Wed, 2023-02-08 13:48
Dockery and the Prince Team have netted $500 million in sales volume across 800 transactions and will now be affiliated with Corcoran's SoHo office, the brokerage told Inman exclusively.

A theory is emerging online about a mass exodus from New York City

USA Real Estate News-Inman - Wed, 2023-02-08 13:29
Warehousing? Inflated algorithms? Shady developers? They're all part of a new report on what's driving up rental prices in New York City. However, social media users aren't buying the theory.
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