Month: June 2024

Florida

Florida Housing Scorecard: 4 Cities Ranked for the Best Real Estate Investments – Yahoo Finance UK

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Wirestock / Getty Images The Sunshine State provides a wealth of opportunities for real estate investors wanting to grow their financial portfolios. However, as with any acquisition, maximizing the return on your real estate investments requires careful research and insight from professionals who know the market. While Florida is home to picturesque scenery and a leisurely lifestyle, not all urban areas are headed for economic growth. That’s why GOBankingRates spoke to Florida real estate investors, developers and experts who have their eyes on the market day in and day out,…

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Florida

Florida Housing Scorecard: 4 Cities Ranked for the Best Real Estate Investments – Yahoo Finance

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Wirestock / Getty Images The Sunshine State provides a wealth of opportunities for real estate investors wanting to grow their financial portfolios. However, as with any acquisition, maximizing the return on your real estate investments requires careful research and insight from professionals who know the market. While Florida is home to picturesque scenery and a leisurely lifestyle, not all urban areas are headed for economic growth. That’s why GOBankingRates spoke to Florida real estate investors, developers and experts who have their eyes on the market day in and day out,…

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USA

US housing market: Record prices defy falling demand and rising supply – Business Insider

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Real Estate The US housing market has entered bizarro world Matthew Fox 2024-06-29T12:16:02Z 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 A bookmark Save…

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Dubai

Fäm sees record sales at Business Bay tower on launch day – Trade Arabia

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Fäm Properties, one of the UAE’s largest real estate brokerages, has announced that it had received an overwhelming investor response for its key project – Century Tower – a 23-floor residential building in Business Bay, with 190 of the 210 available apartments selling on the first day.   The project marks a milestone for Al Shafar National Contracting, one of Dubai’s leading construction contractors, in conjunction with AMBS Real Estate Development, and fam Properties, whose master agency was responsible for the strategic planning and market research.    On the key…

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Nevada

Interest rate waiting game: Should buyers purchase now or wait it out? – Inman

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At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Homeownership has long been a cornerstone of the American Dream and — despite recent economic challenges — it remains a sought-after goal for most Americans. Concerns over current market conditions, such as high interest rates, rising home prices and limited inventory, have served as barriers, keeping sellers on the fence and leaving buyers hesitant to enter the market.…

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USA

Real estate expert predicts huge changes in the housing market: ‘Things are really breaking down’ – Daily Mail

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By James Gordon For Dailymail.com Published: 22:19 EDT, 28 June 2024 | Updated: 03:15 EDT, 29 June 2024 America’s real estate market could be heading for a significant correction.  Veteran strategist Chris Vermeulen, of The Technical Traders, believes he is witnessing troubling signals in the market, noting how borrowing costs are expected to remain high for an extended period. Vermeulen notes how building numbers for single- and multi-family homes have plateaued following a sharp decline last year, mirroring patterns last seen before the devastating 2008 housing crisis.  Despite a recent…

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USA

Real estate expert predicts huge changes in the housing market – Daily Mail

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By James Gordon For Dailymail.com Published: 22:19 EDT, 28 June 2024 | Updated: 03:15 EDT, 29 June 2024 America’s real estate market could be heading for a significant correction.  Veteran strategist Chris Vermeulen, of The Technical Traders, believes he is witnessing troubling signals in the market, noting how borrowing costs are expected to remain high for an extended period. Vermeulen notes how building numbers for single- and multi-family homes have plateaued following a sharp decline last year, mirroring patterns last seen before the devastating 2008 housing crisis.  Despite a recent…

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USA

Home sales were cold, prices were hot this spring – Marketplace

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The U.S. Supreme Court, in a 6-3 vote, upheld a law in the small southern Oregon town of Grants Pass on Friday that bans people from sleeping or camping in public places such as city parks, streets and sidewalks or in their cars. The law makes such behavior a crime punishable by fines or jail time. The court’s majority ruled that is not cruel and unusual punishment of those with no home to sleep in. That’s one extreme result of the ongoing housing crisis in this country — a crisis…

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Las Vegas Nevada

Moving to Las Vegas? Squared Realty Announces Real Estate Services in Nevada – AccessWire

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LAS VEGAS, NV / ACCESSWIRE / June 28, 2024 / Squared Realty announces premium Real Estate Services in Nevada. Although moving anywhere can often prove challenging, confusing, and even frightening, these feelings can multiply manifold when planning a relocation to a famous city known to millions for its bright lights and big entertainment. That said, Las Vegas is a diverse city with various amenities, thriving communities, economic opportunities, and a great quality of life. When planning such a momentous move, Squared Realty is the real estate agency to contact, led…

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New York New York City

Goldman Sachs: The Worst For Commercial Real Estate Market May Be Over, But ‘It Is Likely To Take Longer To Inflect … – Benzinga

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Loading… Loading… The worst may be over for commercial real estate (CRE) assets, yet a full recovery is still some distance away, according to a recent report from Goldman Sachs. The analysis, shared by analyst Caitlin Burrows on Friday, indicates that while the annual decline in CRE transaction volumes has likely bottomed out, significant challenges remain for a meaningful country-wide rebound, though some cities are exceptions. Goldman Sachs notes that leading indicators suggest the CRE market has seen the worst of its downturn. Drawing comparisons to the Global Financial Crisis…

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USA

Pawel Kentaro Shares Expert Insights on the Latin American Real Estate Market – WebWire

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Pawel Kentaro, a distinguished real estate expert specializing in the Latin American market, shares his expert insights on the current trends, opportunities, and challenges in the Latin American real estate sector. With extensive experience in residential and commercial real estate across Mexico and other Latin American regions, Pawel Kentaro provides invaluable advice for investors, developers, and stakeholders looking to navigate this dynamic market. The Growing Appeal of the Latin American Real Estate Market The Latin American real estate market has been attracting increasing interest from global investors due to its…

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USA

Housing Crisis Worsens as Costs Surge for Homeowners and Renters – Norada Real Estate Investments

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In a time when housing affordability is already a pressing issue, both homeowners and renters are feeling the financial strain as housing costs continue to rise. Elevated home prices, climbing interest rates, and increasing insurance and tax costs are putting potential homebuyers at a disadvantage. Simultaneously, renters are grappling with soaring rents, resulting in record levels of cost burdens. Let’s break down the recent report from Harvard University’s Joint Center for Housing Studies. Housing Crisis Worsens in the US Homeowners Face Rising Costs According to the S&P CoreLogic Case-Shiller US…

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Dubai

QUBE Developments step into the Dubai property market with plans of AED 2.6 billion! – Allsopp & Allsopp

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Shortly after following the news that Dubai’s off-plan market is seeing its three-year boom and welcoming a wide range of new residents to town – it comes as a given that we can expect a multitude of new developments! What’s the newest development in town? QUBE Development – who come with an ambitious plan to introduce AED 2.6 billion worth of new real estate projects, aims to deliver 2.3 million square feet of fresh development inventory by the end of 2025. This comes in line with plans to continue hosting…

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Dubai

‘Dubai’s residential property still relatively affordable compared to regional cities’ – Business Recorder

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Despite their red-hot status and steep price increases, Dubai’s residential properties are relatively affordable compared to other cities in the region, stated the ‘Global Wealth & Lifestyle Report 2024’ published by Swiss wealth management firm Julius Baer Group LTD. The report, which is designed to capture the ‘cost of living extremely well’, according to Head of Research Christian Gattiker-Ericsson, put Singapore as the world’s most expensive city to live extremely well in for the second year in a row, followed by Hong Kong and London. The Julius Baer Lifestyle Index…

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