Market Updates
Market News Digest: Ultraluxury Apartments Set Sales Records; Mortgage Rates Near Recent Highs
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Have you noticed what's going on around us in the real estate world lately?
One of the smartest things you can do is to stay sharply on top of the latest news, trends and tremors in our industry. And of course, one of the awesomest things we can do is to help you accomplish this.
Accordingly, here's a smattering of recent industry news we've noticed lately – but only the stuff we feel is (i) relevant, (ii) timely and (iii) noteworthy from the last few days, including:
- How “ultraluxury” housing is setting records in Manhattan
- A thorough update on recent mortgage rate trends
- The burgeoning outperformance of multifamily apartments
- A timely analysis of the foreclosure sales and their “diminishing” role
- A new cuisine for the institutional investment community’s REI appetite
All this and more awaits you below. We recommend you take a few minutes to peruse this news yourself, and consider how these things stand to impact your own business and your bottom line.…
Jason Payne
is a management consultant and founder of the Groundwar Group -- a private consulting firm providing premier corporate advisory and leadership training solutions for business leaders and investors worldwide. Mr. Payne is also the Senior Market News Analyst and a featured "Mindset" advisor for more than 15,000 entrepreneurs and investors at RealEstateMogul.com -- roles he has held since 2013 and 2014, respectively. In these capacities, Jason draws from more than a decade of successful business and investment research on Wall Street to provide insightful commentaries on a wide variety of investing- and leadership-related topics.
Mr. Payne began his career as a research analyst in the award-winning Equity Research department of Morgan Keegan & Company, where at 26 years of age, he became one of the youngest published analysts on Wall Street -- with a specialized focus on real estate investment trusts (REITs). Jason also holds a degree in Finance from New York University's prestigious Leonard N. Stern School of Business, and he is currently completing his professional residency within the Global Leadership Training program of Uruguay's multinational Geronimo Center for Innovation & Leadership.
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