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    Month: May 2024

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    Las Vegas, Nevada

    Condo, townhome prices hit record high in Las Vegas Valley – Las Vegas Review-Journal

    May 7, 2024May 7, 2024abenasser

    Condominium and townhouse prices in the Las Vegas Valley hit a record high in April, according to statistics from the Las Vegas Realtors, who pull numbers from the Multiple Listing Service. The median price of a condo or townhouse sold in the Read More

    Dubai

    Dubai real estate: Over 8,000 new units hit the market in Q1, experts silence ‘oversupply concerns’ – Arabian Business

    May 7, 2024May 7, 2024abenasser
    New York, New York City

    The Blackstone Fund BREIT Faces Big Questions – The New York Times

    May 7, 2024May 7, 2024abenasser

    Wall Street has been debating how the investment giant’s $59 billion real estate fund has managed to outperform virtually all its rivals. Wall Street has been awash with whispers about how Blackstone’s blockbuster real estate fund values its assets.Jeenah Moon/Reuters The numbers Read More

    UAE

    TREZI EXPANDS INTO UAE: REVOLUTIONIZING REAL ESTATE DESIGN WITH IMMERSIVE TECHNOLOGY – CXOToday.com

    May 7, 2024May 7, 2024abenasser

    Trezi, a leading innovator in the immersive technology space for architects, designers, real estate developers, infrastructure design firms, and building product manufacturers (AEC Industry) today announced its strategic expansion in the United Arab Emirates (UAE) through a collaboration with iAccel Gulf Business Read More

    UAE

    UAE construction shifts to negotiated contracts – MEED

    May 7, 2024May 7, 2024abenasser

    UK-based consultancy Turner & Townsend says that 25% of survey respondents indicated negotiated procurement routes as their most common experience There has been a notable shift towards construction contracts being negotiated in the UAE, says UK consultancy Turner & Townsend in its Read More

    Dubai

    Dubai real estate: Over 8,000 new units hit the market in Q1, experts silence ‘oversupply concerns’ – Arabian Business

    May 7, 2024August 23, 2024abenasser
    News and Blogs

    Median Home Price By State 2024 – Forbes

    May 7, 2024July 23, 2024abenasser
    Las Vegas, Nevada

    Las Vegas builders have best first quarter since 2021 – Las Vegas Business Press

    May 7, 2024June 30, 2024abenasser

    Led by Lennar as the clear winner as the top homebuilder in the first quarter, the Las Vegas new-home market posted a strong first quarter despite elevated mortgage rates. With more than 1,300 new-home net sales in March — sales minus cancellations Read More

    Las Vegas, Nevada

    Las Vegas luxury high-rise condo prices skyrocket – Las Vegas Review-Journal

    May 7, 2024June 30, 2024abenasser

    High-rise condo sales in Las Vegas, led by strength at the Waldorf Astoria, set a record during the first quarter in the average sales price and price per square foot. Research firm Applied Analysis reported there were 162 closings in the 21 Read More

    Las Vegas, Nevada

    Las Vegas condo prices surge to record $290,000, single-family homes rise by $4,000 – KLAS – 8 News Now

    May 7, 2024June 4, 2024abenasser

    LAS VEGAS (KLAS) — With a $7,500 jump in only a month, prices for condominiums and townhomes in Las Vegas set a new high in April at $290,000, passing the August 2023 mark of $287,000. Single-family homes increased by $4,000 to a Read More

    USA

    US Home Price Insights – May 2024 – CoreLogic

    May 7, 2024June 2, 2024abenasser

    Home prices nationwide, including distressed sales, increased year over year by 5.3% in March 2024 compared with March 2023. On a month-over-month basis, home prices grew by 1.2% in March 2024 compared with February 2024 (revisions with public records data are standard, Read More

    Las Vegas, Nevada

    How fast is the southwest Las Vegas Valley growing? – Las Vegas Review-Journal

    May 7, 2024May 25, 2024abenasser

    Enterprise and the southwest valley are the talk of the town as the unincorporated township and submarket are experiencing booming population and commercial and residential growth. In fact, Enterprise is growing more than twice as fast as the Las Vegas Valley as Read More

    UAE

    UAE real estate: AARK Developers launches AED4bn project at Al Marjan Island – Construction Week Online

    May 7, 2024May 7, 2024abenasser
    Dubai

    Dubai’s luxury property market shows no signs of slowing – Gulf News

    May 7, 2024May 10, 2024abenasser

    Image Credit: Shutterstock The momentum in Dubai’s prime luxury real estate market remains strong, as evidenced by the recent transaction facilitated by Sotheby’s International Realty. A six-bedroom villa nestled in the vibrant heart of Jumeirah, Umm Al Sheif, was sold for Dh80 Read More

    Dubai

    Mastering the AI Revolution: MetaHomes Ushers Intelligent AI Features into Real Estate Amidst Dubai’s Booming Market – Newswire

    May 7, 2024May 7, 2024abenasser

    Boasting a seamless online real estate platform, backed by innovative tools like Virtual Reality and Artificial Intelligence, MetaHomes sets new standards for excellence DUBAI, Arab Emirates, May 7, 2024 (Newswire.com) – The global real estate landscape is on the cusp of revolution, Read More

    Dubai

    Mastering the AI Revolution: MetaHomes Ushers Intelligent AI Features into Real Estate Amidst Dubai’s Booming Market – StreetInsider.com

    May 7, 2024May 15, 2024abenasser
    San Francisco

    A pair of downtown S.F. towers are on the verge of selling for deep discounts – San Francisco Chronicle

    May 7, 2024May 7, 2024abenasser
    USA

    US Industrial Market Facing High Vacancy Rate, Report Says – Law360

    May 6, 2024May 6, 2024abenasser

    By Isaac Monterose · May 6, 2024, 7:17 PM EDT In 2024’s first quarter, the U.S. industrial real estate market faced an imbalance of supply and demand for the eighth consecutive quarter, along with a high vacancy rate, even as leasing… To Read More

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