Housing starts reversed course in May, signaling a slowdown in production, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. Navy Federal Credit Union Economist Robert Frick said another weak housing report shows the housing industry is far from producing homes at a rate to satisfy demand.
Atlanta-based real estate law firm Cook & James is expanding, announcing the opening of a new office in Woodstock, Georgia, and welcoming a new attorney to its team. Stacey Besser has joined the firm to help managed its increased transaction volume in South Carolina, Cook & James announced recently.
The real estate industry is constantly evolving as new products and practices are introduced to the marketplace. And right now, the rise of the iBuyer is taking the industry by relative storm. At HousingWire’s engage.marketing conference held last week in Charlotte, prominent Realtor Leigh Brown said the real estate industry is locked in steep competition with these type of investors, because iBuyers are minimizing the role of agents and “stealing equity” from homeowners.