Florida ‎Jacksonville

Interest rates chill home sales in Northeast Florida – Jacksonville Today

High interest rates are putting an unusual summetime damper on homes sales in Northeast Florida. Sales normally rise in June, but both closed sales and pending sales are down this year — a sign that interest rates around 7% are keeping buyers on the sidelines, according to the Northeast Florida Association of Realtors Closed sales declined nearly 11% from May to 1,907 in June, and pending sales plummeted 35% to 1,261, the Realtors group said in a news release Thursday. The median sales price for a single-family home rose 1.3%…

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New York New York City

Cultural Institutions Can Boost Luxury Real Estate Markets, a New Report Says – Robb Report

A bustling, big-time art scene not only enriches the local community, but it can do a heck of a lot to boost the luxury real estate market too, according to a new report.  Sotheby’s International Realty just published its 2024 Mid-Year Luxury Outlook, which found that the presence of cultural institutions, including museums, festivals, and murals, is strongly associated with the increase of property values in cities across the world. In New York, “luxury residences have built up around cultural concepts such as public spaces, the arts, and restaurants,” explained Stan Ponte,…

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Florida

Real estate expert explains why a new migration trend could be coming – Fox Business

Orlando-area realtor and TikTok creator Freddie Smith on Florida’s pricey market and best advice for achieving homeownership. One Florida-based realtor is signaling that Americans may soon see their neighbors packing up for a fresh start in a more affordable housing market. “Here’s an unpopular opinion that most people aren’t going to be that happy with, but I think it’s going to become more popular, [it’s] relocation,” Orlando agent and popular TikTok creator Freddie Smith said Friday on “Varney & Co.” “We don’t want to leave our jobs and our family…

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New York New York City

King Charles III Has Curiously Dipped His Toes Into the U.S. Real Estate Market – SheKnows

If you purchase an independently reviewed product or service through a link on our website, SheKnows may receive an affiliate commission. King Charles III has decided to add to his already luxurious real estate portfolio by taking a plunge into the New York City market. He is now officially an owner of a $6.63 million, three-bedroom condo on what is dubbed Billionaires’ Row in Manhattan.  The 11th-floor unit also includes 3,601 square feet, 4.5 bathrooms, and majestic views of the city skyline. They tried to keep the deal as quiet…

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Dubai

News roundup: Vietnam may limit property transactions of individuals, and other headlines – Asia Property Awards

Millenius/Shutterstock For PropertyGuru’s real estate news roundup, Vietnam may develop regulations about caps on the number of property transactions and revenues individuals make in a year to limit speculation. In other headlines, Thailand’s cabinet resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers. And as Dubai’s real estate market continues to grow, the rise in property supply is likely to provide some relief to rent prices. Property transactions of individuals in Vietnam might be limited Vietnam may develop regulations about caps on the number of…

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USA

7 Types of Homes Expected To Soar in Value by the End of 2025 – Yahoo Finance

Aleks Cool / Shutterstock.com Halfway through the year and it’s still a seller’s market in many U.S. real estate markets. According to Forbes, there are only around three months’ worth of inventory right now — at least in some states — whereas more than six months is needed for a true buyer’s market. Find Out: 20 Best Cities Where You Can Buy a House for Under $100K Read More: Become a Real Estate Investor for Just $1K Using This Bezos-Backed Startup Housing prices are still soaring, with the median U.S.-based…

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Istanbul

Land Sales in Greater Istanbul Area on Rise after Earthquake – Realty Plus Magazine

BY Realty Plus Turkey has seen a booming real estate market since the massive February 6 earthquakes, which was pushed by a souring demand for so-called earthquake-resistant new homes in major cities in western regions, including Istanbul. Real estate agents said Istanbul’s land sales increased by 200 per cent in March than the previous month, fuelling a price hike. “A wave of fear has grabbed Istanbulites especially after the disaster,” Erdinc Sahin, a real estate consultant, said explaining the sentiment in the real estate market triggered by the earthquakes. Sahin…

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New York New York City

U.S. Millionaires Drive Up Real Estate Prices on the French Riviera – finews.com

Since the pandemic, working from home has gained popularity. Despite the increasing number of employers requiring physical presence, countless people still work from home. On the French Riviera, this trend has led to a significant rise in real estate prices, driven by heightened buying activity from American millionaires. Wealthy Americans who can work from home are increasingly settling in houses on the French Riviera, driving up prices in the region, reports «Bloomberg.» Homes along the southeast coast of France valued at over 15 million euros have increased in value by…

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New York New York City

New York: A Prime Destination for Real Estate Careers – wnbf.com

Thinking about making a career change and maybe dipping your toes into the world of real estate? It might just end up being your golden ticket. According to the real estate experts at AgentAdvice, New York has been crowned the fourth-best state to work in for real estate careers. This accolade comes as no surprise, considering New York’s thriving real estate market and lucrative opportunities for real estate professionals. The study, which examined various key metrics such as median house prices, homeownership rates, competition for real estate roles, average yearly…

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Dubai

MS Homes Developers launches its inaugural project in Dubai Islands – ‘ILUKA Residences’ – Khaleej Times

Published: Fri 12 Jul 2024, 3:20 PM Last updated: Fri 12 Jul 2024, 3:24 PM MS Homes Developers announces its debut project in Dubai’s booming real estate market with the launch of ‘ILUKA Residences’, an eight-floor residential building providing elevated lifestyle and sophisticated living, located on Marina Boulevard, in the heart of Dubai Islands. ILUKA Residences offers 57 luxury apartments ranging from one to four-bedroom units. Handover is set for the third quarter of 2026. After successfully delivering over 20,000 residential units since its inception in 1983 in Pakistan, MS…

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UAE

Softowell announces new office in the US – Khaleej Times

Published: Fri 12 Jul 2024, 12:25 PM Softowell, a leader in digital marketing and press release distribution, announces the opening of a new office in Delaware, US. This expansion aims to enhance their global presence and customer service capabilities. Mohammad Alqama, also known as Hisham Saalim, CEO of Softowell, stated, “Following our successful launches in Dubai and India, we eagerly anticipate our entry into the US market. Our expansion is driven by our commitment to offering enhanced services to global clients, focusing on press release distribution, SEO optimization, and social…

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New York New York City

Top Real Estate Agent in Queens, NY, Provides Insights on Navigating Technological Changes in the Market – WICZ

Drake emphasizes the importance of utilizing technology not just for marketing but for the entire transaction process, enhancing efficiency and client satisfaction. “Online listings, virtual tours, and digital contracts are now fundamental components of real estate transactions,” he explains, showcasing his commitment to providing state-of-the-art services.

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Florida

This Florida real estate agent warns that the US ‘renters economy’ will destroy any retirement hopes for young Americans — here’s his math behind it – AOL

July 12, 2024 at 6:52 AM This Florida real estate agent warns that the US ‘renters economy’ will destroy any retirement hopes for young Americans — here’s his math behind it We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Being broke and struggling in your 20s used to be a rite of passage for college graduates. For many, it was a necessary stage to pass through right before you’d hit your stride…

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Florida

A ‘Massive’ Bubble In The Housing Market Has Developed, And It ‘Is About To Pop,’ Real Estate Executive Says – Yahoo Finance

A ‘Massive’ Bubble In The Housing Market Has Developed, And It ‘Is About To Pop,’ Real Estate Executive Says Throughout much of the American South, “For Sale” signs are becoming common as a surge in new home construction has collided with cooling demand, creating what one real estate executive calls a “massive housing bubble” on the brink of bursting. Don’t Miss: Nick Gerli, CEO of Reventure Consulting, raised eyebrows this week with a warning on X, formerly Twitter. “The number of new homes for sale in the Southern Region has…

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