Florida

State-Run Markets in Santiago de Cuba Empty, While Private Markets Remain Unaffordable – Cuba Headlines

One of the primary issues facing the residents of Santiago de Cuba, and the rest of the country, is the search for food—an ordeal that often puts them at a crossroads: an empty state-run market versus a private market with unaffordable prices. The scarcity of food forces people to visit the state markets in Santiago de Cuba daily, clinging to the hope of finding more affordable products, as shown by the news portal Diario de Cuba in a video posted on Facebook. “On top of the power outages, there’s the…

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New York New York City

Best real estate schools for 2024 – Fortune

Fortune Education is part of Fortune Recommends™ and is editorially independent. We may earn affiliate revenue from links in this content. Learn more. Real estate is the ultimate work-hard, play-hard profession. Some of the most successful real estate agents can bring home hefty salaries and eventually build out their own brokerage and personal brand. Real estate is not easy, though; it can very easily tip the scale when it comes to work-life balance.  But for those who are self-starters and are invigorated by challenge, negotiation, and most importantly, helping others find…

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New York New York City

Commercial real estate shows ‘early signs of recovery’: Blackstone COO – Quartz

Commercial real estate (CRE) is showing “early signs of recovery” as market activity continues to pick up, according to Blackstone chief operating officer Jonathan Gray. Mortgage applications drop by 5.7% as rates rise again Off English “Now, I’m not saying this is some sort of sharp V-shaped recovery, but as you get to this bottoming period, what you want to do is try to deploy capital into this,” Gray said at the Bernstein Strategic Decisions Conference on Wednesday. Advertisement He noted that most people will remain “very cautious” of the…

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USA

Housing Market 2024: Big Investors Buy in Atlanta, Dallas, Charlotte, Houston – Norada Real Estate Investments

The US housing market continues to evolve, with a growing presence of institutional investors in the single-family rental space. As foreclosure rates have declined, these large-scale investors have adopted new strategies to acquire properties. This trend is particularly noticeable in the Sunbelt region, where cities like Atlanta, Dallas, Charlotte, and Houston are experiencing a significant rise in investor-owned rentals. Is this good or bad for renters & homebuyers? Let’s find out. Big Investors Set Their Sights on Sunbelt Rentals According to the U.S. Government Accountability Office (GAO), institutional investors are…

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UAE

Citi Developers plans to expand in UAE market – Khaleej Times

Published: Thu 30 May 2024, 5:55 PM Citi Developers, a Dubai-based real estate company, plans to expand its footprint across the UAE due to huge demands and fostering needs for the end users. This was stated by Zoraiz Malik, Chief Executive Officer of Citi Developers, recently, adding that they were kicking off in Dubai with Aveline Residence in Jumeirah Village Circle closely followed by another project in JVC. Malik said that Citi Developers will bring several projects in Dubai and UAE, adding that each facility will outshine the last, promising…

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USA

The mayor of America’s top real estate market explains how it flipped the housing script – Fox Business

 Rockford, Ill. Mayor Tom McNamara says the community invested in ‘hard work’ on ‘The Claman Countdown.’ With a lot of hard work and a little TLC, this quintessential American town has turned its real estate story around. Now, the mayor is opening up on how Rockford, Illinois, is currently the No. 1 housing market. “This really took a team effort,” Rockford Mayor Tom McNamara said in an exclusive, first on FOX Business interview during “The Claman Countdown” Wednesday. “So we pulled together experts throughout our city, and we listened to…

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Florida Tampa

John Morgan IV Continues His Family’s Real Estate Legacy In Tampa, FL – Haute Residence

John Morgan IV is a third-generation real estate agent with a wealth of general management and sales experience. Based in the vibrant city of Tampa, Florida, John is a seasoned real estate professional with several years of dedicated experience. He has become a prominent figure in the real estate landscape, showcasing a remarkable set of skills that have defined his success. As the team owner of Morgan Capital Group, John leads with a commitment to excellence in both commercial and residential real estate. His journey in the industry has been…

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Dubai

Acube Developments launches Dhs300m ‘Electra’ tower in Dubai – Gulf Today

Top officials during the event. Sajjad Ahmad, Deputy Business Editor The real estate market in Dubai has seen tremendous growth in recent months as the city saw the launch of a number of new projects. To add more flavour to the Dubai’s property sector, Acube Developments has announced the launch of its Dhs300 million new project ‘Electra’ in Jumeirah Village Circle on Wednesday. The groundbreaking for the 38-floor residential tower sechduled to be held in June 28, 2024 and the construction work will be completed within the span of 36…

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Nevada

Price Drops Hit Highest Level in 18 Months As High Rates Dampen Buyer Demand – Redfin News

More home sellers are cutting their asking price, suggesting sale-price growth could soften in the coming months. But this week, the median sale price rose to another record high, pricing out some buyers.  Nationwide, 6.4% of home sellers cut their asking price during the four weeks ending May 26, on average, the highest share since November 2022. The median asking price dropped roughly $3,000 to $416,623 in the last week, the first decline in six months. Additionally, for-sale supply is growing more stale: Age of inventory (the number of days…

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USA

‘Ripple Effect’ explores the world of real estate | Penn Today – Penn Today

Ripple Effect,” the Wharton School’s faculty research podcast, explores what inspires experts’ studies and how their findings resonate with the world today. The past month’s episodes highlight research into the housing market and trends in real estate, exploring how inflation, hybrid work, and generational differences impact the housing and real estate market. In “The U.S. Housing Market Has Homeowners Stuck,” Wharton’s Lu Liu discusses what policy changes may be needed to break mortgage lock-in, which is restricting real estate inventory in the U.S. housing market, and how much inflation affects…

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USA

Find Your Dream Home: Your Guide To Israel’s Real Estate Market – I24NEWS – i24NEWS

Investing in real estate can be an exciting but daunting prospect.  That’s why i24NEWS is teaming up with leading developers and experts to break down everything you need to know about finding and buying your dream home in Israel. From the technical and legal challenges that may come up, to knowing which areas are the most lucrative for investment, i24NEWS brings you the answers. Yoni Barel’s top tips for foreign buyers Yoni Barel is the vice president of marketing and sales at Azorim, one of the largest development and construction…

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Other

Should I Sell My House Now Or Wait? A Guide – Bankrate.com

Key takeaways Late spring and early summer are generally considered the best times to sell a house. Traditionally, low mortgage rates and short supply make it a good time to sell. While today’s rates are relatively high, low inventory is still keeping sellers in the driver’s seat in most markets. If you’re considering selling your home, it’s critical to understand the current real estate market dynamics. The volatility that dominated the market amid pandemic-related pressures may have eased, but there are still serious challenges. For one thing, mortgage interest rates…

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USA

3 signs a rolling recession in housing-market affordability is ending – Business Insider

Real Estate 3 signs the housing market’s affordability recession is finally ending Filip De Mott 2024-05-30T14:28:38Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon LinkedIn Link icon An image of a chain link. It symobilizes a website link url. Copy Link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Article Icon…

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USA

Top economist offers one word to describe the housing market: Unaffordable – Fortune

If there was one word to succinctly describe the world of housing at the moment, what would it be—unaffordable, maybe? That’s what it seems to be for Redfin senior economist Chen Zhao, who earlier this week said: “Unaffordability is really the story in the housing market right now.” In an interview with CNBC, Zhao touched on recently released data, which found that home prices rose 6.5% in March compared to a year earlier; and Redfin’s own data, which found they rose 7.3% in April from the prior year.  “It doesn’t…

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