Author: abenasser

Dubai

Exploring Dubai Properties: Options for US Buyers and Investors – KahawaTungu

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Dubai has become an appealing destination for foreign property buyers and investors as the real estate market worldwide changes. The city offers special opportunities for those wishing to diversify their portfolios or locate a new residence overseas because of its strong economy, tax-free environment, and world-class infrastructure. We will look at the current situation of the Dubai property market in this article along with important factors for US purchasers and investors drawn to this exciting global hub. Dubai Real Estate Market in First Half of 2024 Unlike early forecasts of…

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USA

Commercial real estate poised for ‘ongoing improvement’ this year: Avison Young – BNN Bloomberg

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John Pasalis, president and broker of Realosophy Realty, joins BNN Bloomberg to do a pulse check on the Toronto real estate market. Investor enthusiasm is steadily increasing in Canada’s commercial real estate sector, according to a new report. Real estate firm Avison Young released a report on Tuesday looking at investment trends during the second quarter, finding that activity among private investors accounted for the majority of transactions. The report also highlighted certain factors like the economic backdrop and rising populations are likely to help the sector rebound. “The commercial…

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Dubai

Dubai Property Market soars in H1 2024, defying slowdown concerns – Aviamost

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Bayut, the leading property portal in the UAE, has released insights into the most searched areas in Dubai’s real estate sector for the first half of this year. Following what looked like post-New Year stability in early Q1 2024, property prices in Dubai’s most searched-for areas have risen again, countering any speculations of a slowdown. Despite the ongoing increase in property prices, Dubai remains highly affordable compared to other luxury real estate destinations worldwide, making it an attractive option for new and institutional investors, solidifying the city’s position as a…

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USA

Falling U.S. real estate commissions could impact Canada’s market: analyst – BNN Bloomberg

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Walter Melanson, co-founder and market analyst at PropertyGuys.com, joins BNN Bloomberg to discuss the changing realtor behaviour amid real estate commission la Real estate commission fees in the U.S. are likely to fall next month as the result of class action lawsuits, according to one expert who says the development could have downstream effects on Canada’s real estate market. Walter Melanson, co-founder and market analyst at PropertyGuys.com, said in an interview with BNN Bloomberg on Monday that historically, U.S. real estate markets have had commissions for buying and selling agents.…

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Las Vegas Nevada

Real Estate Millions marks 10 years: A look at our favorite homes – Las Vegas Business Press

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Real Estate Millions celebrated its 10th anniversary this summer. The feature is published in the Las Vegas Review-Journal’s Sunday real estate section. An archive from the past 10 years can be viewed online at reviewjournal.com/homes/real-estate-millions. Our editor and staff have selected their Top 10 favorites from the past decade that feature the wild, flamboyant, fabulous and creative. 10. Liberace mansion Wladziu Valentino Liberace was a renowned piano virtuoso, showman and frequent Strip headliner. He created a 14,393-square-foot luxury mansion during the 1970s by connecting two smaller homes on Shirley Street,…

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Las Vegas Nevada

Home prices staying hot, with more available for sale – Las Vegas Business Press

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A recent Las Vegas Realtors report shows local home prices warmed up again in June with more homes available for sale. LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during June was $475,000. That’s up 7.7 percent from $440,990 in June of 2023. Local home prices are approaching the all-time record of $482,000 set in May of 2022. The median price of local condos and town homes sold in June was $295,000, up 7.3 percent from $275,000 in June 2023.…

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Dubai

BLUEWATERS ISLAND TOPS THE SALES GROWTH LIST FOR REAL ESTATE IN DUBAI – Puerto Vallarta Daily News

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The price of a real estate in Dubai is what makes lots of people buy it. Investment properties in Bluewaters Island, Akoya Oxygen and Emaar Beachfront offer the luxury real estate at an affordable price. Let’s have a look how the prices have changed over the 2022. Another increase in prices for luxury housing Luxury housing is a separate sector of real estate in Dubai, which operates according to its own laws. Previously, experts argued that the demand for luxury properties in 2021 was almost a record. This factor, of course,…

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Las Vegas Nevada

More and more people are moving to Las Vegas. How’s the real estate market doing? – KNPR

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Land is more expensive. Mortgage rates remain higher than people are used to. Rent is high. And the affordable housing situation is worse. Those are just some of the stories we’ve all been hearing for months and, in some cases, years. So, is owning a home, a facet of what some see as the American Dream, now just a fairy tale? What’s the Nevada real estate market look like, as droves of people keep moving here? Guests: Jonathan Gedde, founder and CEO, SimpliFi Mortgage; Lorri Murphy, board chair, Nevada Housing…

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New York New York City

The salary needed to afford a home has more than doubled since before the pandemic—see how your city is faring – New York Post

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Scraping together enough money to buy a home can seem like a fruitless endeavor, especially in today’s housing market dominated by high mortgage rates and soaring list prices. And it becomes even more daunting when the definition of “enough money” keeps increasing. That’s exactly what’s happening across the country, where the gap between the income needed to purchase a median-priced home and the actual median household income reveals a broadening chasm that could be eroding the American dream. Nationally, the scenario is grim: The combination of high list prices and elevated mortgage…

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Florida Miami

PROFILE Exclusive: 12 Questions With Developer of ELLE Residences Robert Thorne of UNCG – PROFILE Miami

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It is not every day that a globally renowned fashion and lifestyle media brand teams up with a Miami-based real estate developer to bring a world class luxury condo to the Magic City. Real estate developer Robert Thorne, CEO of Urban Network Capital Group (UNCG), recently teamed up with Elle, in partnership with Vertical Developments, to launch Elle Residences Miami, a luxury condo combining the brand’s signature Parisian influence with Miami’s vibrant culture. Robert has nearly 20 years of experience in the Florida real estate housing market in Florida, catering…

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USA

These are America’s 10 best states for buying and selling a home in 2024, with a big caveat at No. 1 – NBC Chicago

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High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate, CNBC factors it into the annual America’s Top States for Business study. America is embroiled in a housing crisis. The supply of homes is tight. The supply of affordable homes is even tighter, and persistently high mortgage rates make things…

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New York New York City

These are America’s 10 best states for buying and selling a home in 2024, with a big caveat at No. 1 – NBC New York

abenasser

High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate, CNBC factors it into the annual America’s Top States for Business study. America is embroiled in a housing crisis. The supply of homes is tight. The supply of affordable homes is even tighter, and persistently high mortgage rates make things…

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USA

These are America’s 10 best states for buying and selling a home in 2024, with a big caveat at No. 1 – CNBC

abenasser

High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate, CNBC factors it into the annual America’s Top States for Business study. America is embroiled in a housing crisis. The supply of homes is tight. The supply of affordable homes is even tighter, and persistently high mortgage rates make things…

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UAE

UAE Realty Awards 2024 honours excellence in real estate – Khaleej Times

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Published: Tue 16 Jul 2024, 5:16 PM The UAE Realty Awards 2024, hosted by Finance World Magazine, took place on July 6 at the iconic Atlantis the Palm, Dubai, celebrating the most significant achievements in the UAE real estate market. Widely regarded as the premier real estate award in the UAE, this event honoured the outstanding contributions of industry pioneers and innovators, bringing together the crème de la crème of the real estate world. The evening was marked by an atmosphere of celebration and networking among distinguished guests, industry leaders,…

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New York New York City

Bob Knakal Marks 40 Years of Excellence in NYC Commercial Real Estate – Markets Insider

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Bob Knakal celebrates 40 years in NYC commercial real estate, having brokered 2,339 property sales totaling over $22 billion. Commercial Lending News features an exclusive interview discussing his career achievements, innovative approaches, and future outlook. New York, NY, United States – July 16, 2024 — Commercial Lending News announces the release of an exclusive interview with Bob Knakal, celebrating his 40th anniversary as a leading investment sales broker in New York City’s commercial real estate market. Last week, Knakal completed the sale of his 2,339th property in New York, bringing…

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