Thursday, 21 November 2024

Investing

Washington, Colorado, Oregon States Top List of Markets With Fastest-Growing Prices; New York City, California Left Behind

Home prices had been steadily rising and individuals trying to buy homes had been bemoaning the trend. When it comes to the nation's biggest year-over-year growth in sales prices, already-costly New York and California did not get top spot but instead other Western states dominated the list.

Commercial Real Estate Growth To Gradually Drop Without No Significant Rental Rate Decline

Commercial real estate activity had been expected by new industry forecast to drop over the next three years. According to a Washington-based industry trade group Consensus, this was the result of interviews with top real estate analysts and economists for a new set of forecasts.

Fox's Rupert Murdoch Lists Greenwich Village Townhouse for $28.9M; Newlyweds Twitter Hints Happy Marriage

Rupert Murdoch, News Corp Executive Chairman, had put his Greenwich Village property on the market for $28.9 million, just a month after his wedding to former model Jerry Hall. The media mogul purchased the house in April 2015 for $25 million. He and Hall became a couple in late summer of that year.

EDITOR'S PICKS

Saudi Arabia to Build Own Mortgage-Guarantee Fund

As the kingdom is facing a housing shortage in the next five years, the government is trying to implement some mitigation steps. Saudi Arabia's Housing Ministry is planning to create its own development company that will offer mortgage-guarantee fund to boost housing development in the country and attract foreign investors.
By Staff Reporter
Panama Papers Update: Leak Identifies NYC Real Estate Players

The Panama Papers was a large document leak that revealed how individuals operating at the highest levels of power made use of illegal offshore shell corporations and tax havens. The list included entities such as the likes of Russia's Vladimir Putin, China's Xi Jinping, and a number of big real estate names who plied their trades in New York.
By Staff Reporter
Is a Real Estate Investment Better than Stocks?

Investing your hard-earned money is one of the best things you can do for yourself and for your future. With the overwhelming number of investment options to choose from, how will you know which one suits you best? Is a real estate investment better than investing in the stock market?
By Staff Reporter
U.S. Homebuyers Flock To Canada; Americans Now Into Vacation Home Purchases

Home buyers like businessman Brian Campbell first saw eight-bedroom homes listed in Mont-Tremblant and quickly the dismissed the idea. He owned one rental property and he was not in the market for another. He changed his mind though after inspecting the numbers more closely.
By Staff Reporter
Phone Call-Handling Standards Affect Real Estate Customer Satisfaction

Real estate buyers had been trying to reach agents for a town by town interview recently, and the numbers they had given out simply did not work. Most agents had been in the business for, three decades, so it was unlikely that they were not known in their offices. Yet each time the buyers called the number and punched in the extension, the recorded voice on the other end of the line stated that no such number existed.
By Staff Reporter
Macy’s Hires Douglas Sesler, But Went 1% Down on Shares On Same Day

Macy's Inc. announced on Monday that it had hired Douglas Sesler as real estate executive vice president starting Tuesday. The announcement came amid calls from activist investors for larger returns on the retailer's real estate properties.
By Staff Reporter
Panama Papers Leak Links Mossack Fonseca To 1983 Gold Heist, Russia's Vladimir Puttin

Panama Papers' documented web of hidden cash and offshore shell corporations revealed an alternate financial world that linked a single law firm with a global rogue's gallery of moguls, criminals, shady agents, and politicians.
By Staff Reporter
Vancouver’s March Real Estate Sales Most Profitable Record Ever As Success Prevailed In Several Market Factors

Vancouver real estate's notoriously pricey market had recently set yet another record. More than 5,000 properties in the area were sold in March.
By Staff Reporter
In Real Estate, Signals May Surface, But Noise Often Serve As Warning

Real estate signals got observers concerned that more foreclosure lawsuits would be damaging to the market. Settling claims for repayment from homeowners in default had become one of the fairly responsible ways to propose a sale of the home that would cure the default and foreclosure suit. This method could also mitigate further loss and vacancy. Reportedly, this approach was not well received.
By Staff Reporter
Oregon Experiences Housing Affordability Crisis

After embarking on a tour across the state to check on the status of the housing sector, U.S. Senator Jeff Merkley said Oregon is experiencing a housing affordability crisis. Demand is outpacing supply, house prices are skyrocketing and vacancy rate is falling.
By Staff Reporter