Month: May 2024

Other

UAE developer announces record villa sale in Al Wasl District – Trade Arabia

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Dubai’s real estate market has reached a new pinnacle with the record sale of a villa for AED61.5 million ($16.7 million) in the Al Wasl District, setting a new standard for luxury properties within the premium development.    The Al Wasl District community is non-gated, maintaining high security with regular patrols while offering low service charges – an exceptional feature given its prime location.    Homeowners enjoy considerable freedom to customize their properties within the reasonable guidelines set by the local authority, DDA, without the need for lengthy approvals or…

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Dubai

Alexander Johnson Group Brings A Fresh Perspective In The Dubai Real Estate Market – International Business Times

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Real estate agency Alexander Johnson Group is redefining the real estate industry, promising a transformative experience for property investors and end-users alike. Spearheaded by the seasoned real estate investor and broker, Alexander Johnson, this company is making waves with its boutique approach to the market. This real estate company brings a fresh perspective to the real estate scene in Dubai. With a focus on residential, commercial, high-end properties, and hotels, the group is set to redefine the standards of customer service and market expertise. Unlike traditional real estate firms, this…

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New York New York City

Kevin McCallister’s ‘Home Alone’ house on sale for $5.25M – New York Post

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Remember that epic house from “Home Alone”? You know, the one where Kevin McCallister fended off those bumbling burglars? Well, it’s up for grabs. The famous house from the 1990 classic film just hit the market for the first time in 12 years, with a price tag of $5.25 million. Located in the posh Chicago suburb of Winnetka, Illinois, this 9,126-square-foot gem was built in 1921 and is being offered by Kathryn Moore of Coldwell Banker Realty’s Dawn McKenna Group. Located at 671 Lincoln Ave., they shared a sneak peek…

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Other

New regulation to rev up Türkiye’s urban renewal, housing accessibility | Daily Sabah – Daily Sabah

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Türkiye is close to completing a framework of a new regulation that is envisaged to serve as an instrument to increase urban transformation financing and housing supply, according to Treasury and Finance Minister Mehmet Şimşek. The regulation is sought to enable real estate investment funds to invest directly in property development projects, Şimşek said Sunday. “These funds’ portfolios will be adjusted and restructured accordingly. With the increase in housing supply, upward market pressure on housing prices will alleviate and make housing more accessible to all segments of society.” Led by…

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Other

New regulation to rev up Türkiye’s urban renewal, housing accessibility – Daily Sabah

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Türkiye is close to completing a framework of a new regulation that is envisaged to serve as an instrument to increase urban transformation financing and housing supply, according to Treasury and Finance Minister Mehmet Şimşek. The regulation is sought to enable real estate investment funds to invest directly in property development projects, Şimşek said Sunday. “These funds’ portfolios will be adjusted and restructured accordingly. With the increase in housing supply, upward market pressure on housing prices will alleviate and make housing more accessible to all segments of society.” Led by…

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Florida

Housing market outlook: Buyers are gaining the upper hand – Fortune

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The U.S. housing market is now tilting in favor of buyers, who are pushing back against the high home prices that sellers are demanding, according to Compass cofounder and CEO Robert Reffkin. He told CNBC on Wednesday that 30% of the inventory on the market has seen a price drop, which is more than anytime in last 10 years. Meanwhile, the market has seen 16% more inventory. “It is a different environment. We are now seeing more sellers than buyers,” he said. Reffkin said there have been more price cuts…

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