Author: Rent Magazine Contributor

Capitol Broadcasting Company (CBC), renowned for its transformative developments like Durham’s American Tobacco Campus, is extending its real estate footprint into Holly Springs, North Carolina. The company’s real estate division has announced plans for “Overlook on Main,” a mixed-use development aimed at bolstering the town’s infrastructure and economic growth. Approved by the Holly Springs Town Council, Overlook on Main is set to feature two five-story apartment buildings comprising 237 units, alongside a 15,000-square-foot retail space. Situated at 1220 North Main Street, the development will offer a mix of one-, two-, and three-bedroom apartments. Amenities are slated to include a sky…

Despite ongoing challenges in the U.S. housing market, including elevated mortgage rates and affordability concerns, certain metropolitan areas are poised for significant growth in home sales in 2025. According to Realtor.com’s latest forecast, cities such as Colorado Springs, Miami, and Virginia Beach are expected to lead the nation in home sales growth, with projected increases ranging from 13.5% to 27.1% . Colorado Springs, Colorado, tops the list with an anticipated 27.1% year-over-year increase in existing-home sales. The city’s appeal is attributed to its scenic mountain views, strong community ties, and a robust job market, particularly in the defense and technology…

A significant shift is underway in New York City’s real estate market as a wave of office-to-apartment conversions transforms the urban landscape. This trend, driven by changing work patterns and a pressing need for housing, is leading to a substantial reduction in office space and the creation of thousands of new residential units. According to CBRE, by the end of 2025, approximately 23.3 million square feet of office space across the 58 largest U.S. markets will be removed through conversions or demolitions, surpassing the 12.7 million square feet of new office construction anticipated for the same period . In Manhattan…

The U.S. housing market is showing increasing signs of stabilization, with a notable rise in inventory and a slowdown in price growth. These developments suggest a shift toward a more balanced market, offering prospective buyers greater leverage and options. According to Realtor.com’s latest data, the median listing price for homes remained flat year-over-year for the week ending June 14, 2025, and dipped by 0.4% over the first half of the year. Concurrently, new listings increased by 5.7% compared to the same period last year, marking a continued upward trend . Active inventory has surged by 28.1% from a year ago,…

The National Oceanic and Atmospheric Administration (NOAA) issued a geomagnetic storm watch on June 24, 2025, due to an uptick in solar activity. This heightened activity is linked to a recurrent, negative polarity coronal hole on the Sun, which is releasing a high-speed stream of solar wind directed towards Earth. This phenomenon, while a natural part of the Sun’s cycle, can have significant implications for Earth’s technological systems and space weather, prompting experts to closely monitor its potential effects. The solar wind being emitted from the coronal hole is moving at speeds of up to 800 kilometers per second, which…

Amazon has unveiled a major $54.5 billion investment in its U.K. operations, signaling a significant expansion and long-term commitment to the country’s economy. The move, announced on June 24, 2025, will span the next three years and is designed to enhance the company’s operational capabilities through the construction of new facilities and the integration of advanced technologies. This strategic decision underscores Amazon’s ongoing efforts to expand its presence in the U.K. while simultaneously improving efficiency across its operations. The investment is expected to fuel the construction of new fulfillment centers, distribution hubs, and technology-driven warehouses. These facilities will play a…

June 23, 2025 — New York, NY Compass, a major U.S. real estate brokerage, has filed a high-profile antitrust lawsuit against Zillow, accusing the digital real estate giant of engaging in anti-competitive practices that harm both brokerages and consumers. The lawsuit, filed in the U.S. District Court for the Southern District of New York, challenges Zillow’s “Listing Rule,” which requires properties listed elsewhere to also appear on Zillow’s platform within 24 hours. According to Compass, this requirement undermines its proprietary “Private Exclusive” program—an offering that gives clients early access to select high-end listings before they hit the broader market. Compass…

June 23, 2025 — As the U.S. housing market contends with high mortgage rates and changing buyer expectations, real estate agents are evolving their strategies to stay competitive. With 30-year fixed mortgage rates hovering between 6.5% and 7%, affordability has become a pressing concern for many prospective buyers. This has prompted real estate professionals to adopt more innovative and tech-savvy methods to maintain momentum in a market marked by uncertainty. One of the most prominent shifts is the widespread use of digital marketing and professional listing coordination services. Companies like AgentUp have reported a noticeable increase in demand for services…

The National Association of Realtors (NAR) has released its June 2025 Real Estate and Economic Outlook, revealing a steady and measured pace for the U.S. housing market heading into the third quarter of the year. Unveiled at NAR’s annual forum in Washington, D.C., the report reflects a cautiously optimistic tone, with economists and real estate professionals predicting a year of controlled growth, increased inventory, and stable mortgage rates. NAR Chief Economist Lawrence Yun shared projections that suggest existing-home and new-home sales will experience moderate increases, with price appreciation limited to a range of 2% to 4% annually. This marks a…

On June 22, 2025, positive developments in the U.S. commercial real estate (CRE) sector signaled renewed momentum, driven by a surge in adaptive reuse projects and a thawing of commercial inventory. Analysts and market observers point to increased activity across office-to-residential conversions, enhanced small-business lending, and developer confidence as indicators of a sector adapting to evolving post-pandemic realities. After enduring sluggish performance in much of 2024, the CRE market is now seeing a strategic pivot. A mid-June review of Wall Street Journal archives noted a rise in commercial property listings in several major metropolitan areas, suggesting that property owners are…