By Saeed Azhar DUBAI (Reuters) – Dubai’s biggest lender Emirates NBD reported a 15% drop in fourth-quarter earnings on Monday, below analysts’ forecasts, on a jump in impairment charges, sending its shares down around 1%. The bank booked impairment charges of 2.06 Read More
Swank Development has launched a branding OOH campaign during the first week of May 2024. The campaign utilizes hoarding and uni-poles OOH formats strategically placed across Dubai, aiming to grab the attention of potential luxury apartment buyers in Dubai. This OOH campaign Read More
Equity-Rich Portion of Mortgaged Homes Hits Two-Year Low While Seriously Underwater Level Climbs; Total Owner Equity Also Ticks Downward Again as Home Prices Dip IRVINE, Calif. — May 9, 2024 — ATTOM, a leading curator of land, property, and real estate data, today Read More
LAS VEGAS (KTNV) — Becoming a homeowner in Southern Nevada remains a daunting challenge. A new report by Las Vegas Realtors shows the Las Vegas housing market prices continuing to increase with the average price for a single family home now at Read More
Alex Shtefan, founder and owner of Alex Villas Group. Photo supplied. This is branded content for Alex Villas Group. In the ranking of the most promising regions of the world in terms of real estate investment, the balance of power is changing. Read More
The dark cloud hanging over the US real estate market may be casting an even longer shadow on REITs, or real estate investment trusts. The Federal Reserve’s sentiment on keeping interest rates higher for longer has prolonged elevated mortgage rates, which have Read More
Grows Revenue 10% year-over-yearIncreases Agent Count and Market Share year-over-yearFree Cash Flow Positive for Q1 2024 NEW YORK, May 8, 2024 /PRNewswire/ — Compass, Inc. (NYSE: COMP) (“Compass” or “the Company”), the largest residential real estate brokerage in the United States by Read More
280 Park Ave., where SL Green and Vornado secured a loan extension. Vornado Realty Trust is still wrestling with the headwinds facing New York’s commercial real estate market, but international luxury brands have given its executives cause for optimism. The REIT, one of Manhattan’s largest owners Read More
More millionaires live in New York City than anywhere else on the planet, according to a new global ranking of wealthy cities. The report was produced by Henley & Partners and was first reported by Bloomberg. According to the data, one in Read More
Barry Sternlicht, cofounder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the more than 4,000 regional and community banks in the U.S. With the real estate industry struggling against higher interest rates, vacancies, and Read More
American homebuyers just aren’t feeling the love from the US housing market. Home prices have spiked in popular metro areas across the country and renters feel hopeless about the transition to ever owning a home, what kind of options are left in Read More
CoreLogic recently released their monthly report on the Southern California Housing Market for March 2024, shedding light on the state of residential real estate in the region. According to Dr. Selma Hepp, CoreLogic’s chief economist, the market continues to face challenges, including Read More
WEST HOLLYWOOD, Calif. (KABC) — If you thought California housing prices couldn’t get any higher, a recently sold condo’s price tag might surprise you. According to californialistings.com, a West Hollywood penthouse condo just sold for a record-breaking $24 million, making it the Read More