Stiles

Real Estate Investment

American Homes 4 Rent | February 28, 2022

American Homes 4 Rent (NYSE: AMH) ("American Homes 4 Rent") today announced it has made an investment in Vesta Ventures Fund 1, LP, a residential-focused proptech venture capital fund. Vesta Ventures focuses its investments on early-stage businesses at the intersection of residential real estate and technology, with a proven track record of supporting some of the most promising companies in the sector. Vesta Ventures takes a holistic approach to supporting emerging busin...

Real Estate Technology

HomeJab | July 14, 2022

HomeJab, which provides real estate agents on-demand professional real estate photography services nationwide, is debuting a new and novel marketing method that gives real estate agents a new avenue to promote homes for sale – using an NFT, or non-fungible token. Real estate agents who use HomeJab for professional real estate photography for their listing can now receive a free real-estate-backed-NFT of the home as part of their order. This new service from HomeJab includes ...

WORLD PROPERTY JOURNAL | March 09, 2020

According to Las Vegas Realtors, existing local home prices finally broke their all-time record in February 2020, while the housing supply keeps shrinking. LVR report that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during February 2020 was $316,000. That was up 3.6% from January and up 6.7% from February of 2019, passing the previous record of $315,000 set in June of 2006. We've been waiting for this milestone for a lon...

WORLD PROPERTY JOURNAL | March 18, 2020

According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of U.S. commercial and multifamily mortgage debt outstanding at the end of 2019 was $248 billion (7.3 percent) higher than at the end of 2018. MBA's report found that total mortgage debt outstanding in the final three months of 2019 rose by 2.1 percent ($75.0 billion) compared to last year's third quarter, with all four major investor groups increa...