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Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Golden Visa Programs, Once a Boon, Lose Their Luster: Spain is the latest European country to end its program, which brought in billions of euros from real ...
nytimes.com/2024/04/21/business/golden-visa-spain-europe-housing-crisis.html
Robert F. Kennedy Jr. qualifies for Michigan presidential ballot as 3rd-party candidate
freep.com/story/news/politics/elections/2024/04/18/robert-f-kennedy-jr-michigan-presidential-ballot-2024-election/73371452007/
Robert F. Kennedy Jr. described political polarization as an existential threat to the country during a campaign event Sunday night in Royal Oak.
Home: USA TODAY delivers current national and local news, sports, entertainment, finance, technology, and more through award-winning journalism, photos ...
usatoday.com
Tokyo-area condo prices hit record high for third year in a row: In central Tokyo's 23 wards, the average condo price rose 5.7% to ¥104.64 million ...
japantimes.co.jp/business/2024/04/19/tokyo-condo-price-record-high/
The Hidden Costs of Homeownership Are Skyrocketing: Rising insurance premiums, property taxes and maintenance costs show little sign of abating ...
wsj.com/economy/housing/housing-affordability-taxes-insurance-costs-rise-bca64df1
Tax Day 2024: Where's my refund and why not everyone in Michigan must file by April 15
freep.com/story/money/personal-finance/susan-tompor/2024/04/15/irs-april-15-june17-michigan-storms-when-to-expect-tax-refunds/73324464007/
Michigan Central about to open, but what will be inside?: Fulfilling the vision is likely to take years, according to project leaders, who promise more details ...
detroitnews.com/story/business/2024/04/21/ford-michigan-central-a-work-in-progress/73325916007/
Empty SF office tower at 995 Market St sells at near 90% discount: An empty San Francisco office tower in the Mid-Market neighborhood at 995 Market Street ...
sfchronicle.com/realestate/article/s-f-tower-sells-90-discount-19418186.php
School shooting in Michigan: Perpetrator's mother found guilty: For the first time in the USA, the parents of a shooter were sentenced to prison for negligent ...
nzz.ch/panorama/amoklauf-in-michigan-erstmals-wird-die-mutter-eines-taeters-der-fahrlaessigen-toetung-schuldig-gesprochen-ld.1777737
Chris Pratt and Katherine Schwarzenegger face backlash after demolishing a historic home to build a mega-mansion
nypost.com/2024/04/22/real-estate/critics-rip-chris-pratt-for-tearing-down-beloved-la-home/
Quick Glance: Controversy Surrounding Demolition of Historic Home in LA
- Actor Chris Pratt and his wife Katherine Schwarzenegger face backlash for demolishing a historic home to make way for a massive mansion.
- The 1950 Zimmerman house designed by Craig Ellwood with landscaping by Garrett Eckbo was purchased for $12.5 million and torn down.
- Despite being a potential historic site, the house was demolished to make room for a modern farmhouse, sparking regret and criticism from architecture enthusiasts.
- The Los Angeles Conservancy and Eichler Network raised concerns and lamented the loss of the architectural gem, while designers and Mid-Century architecture fans expressed frustration over the demolition.
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case: Truong My Lan received the death penalty as Vietnam’s Communist Party cracks down on ...
nytimes.com/2024/04/11/world/asia/vietnam-lan-fraud-death-sentence.html
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
The $1.6 Billion Quest to Build America’s Tallest Skyscraper in…Oklahoma: A developer plans a 1,907-foot tower overlooking sprawl and farmland ...
wsj.com/us-news/oklahoma-skyscraper-americas-tallest-eaae69d2
TikTok’s Origin Story: Court Files Show Role of GOP Megadonor Jeff Yass: Court records, mistakenly made public, tell a story about the birth of ByteDance ...
nytimes.com/2024/04/18/business/tiktok-bytedance-jeff-yass.html
Jennifer and James Crumbley, parents of Michigan school shooter, sentenced to 10 to 15 years for manslaughter
abcnews.go.com/US/jennifer-james-crumbley-parents-michigan-school-shooter-sentenced/story
Home owners likely to pay higher mortgage rates for a while more, say market watchers
channelnewsasia.com/singapore/homeowners-higher-mortgage-rates-property-real-estate-interest-rates-finance-federal-reserve-4266046
Quick Glance: Homeowners Face Prolonged High Mortgage Rates Amid Market Challenges
- Currently, mortgage rates can be above 4 percent. An anticipated rate decrease is now expected by the end of next year.
- Observers noted a trend of homeowners transitioning to fixed mortgage rates due to a high interest rate environment.
- Real estate agents highlighted challenges in finding tenants with an oversupply of apartments in the market.
- Analysts suggested that homeowners may need to endure longer periods of high mortgage rates before seeing significant declines.
5 ‘Dream Bathroom’ Upgrades That Homeowners Tend to Regret: Luxe bathroom trends, from zellige tiles to vessel sinks, seduced these homeowners and interior ...
wsj.com/style/design/bathroom-upgrades-homeowners-regret-1d921e72
Jordan van den Berg: The 'Robin Hood' TikToker taking on Australian landlords: Jordan van den Berg's vigilante-style approach has won him fans and critics amid a ...
bbc.com/news/world-australia-68758681
Sick of Your Blue State? These Real Estate Agents Have Just the Place for You.: Agents in South Carolina, the fastest growing state in the country last year ...
nytimes.com/2024/04/18/us/greenville-real-estate-conservatives.html
I had stable finances until I bought a house -- now I'm in deep debt: A TikToker named Samantha Barker was in good financial standing, until buying a house ...
nypost.com/2024/04/16/real-estate/homeownership-has-me-drowning-in-debt/
Rosie O’Donnell relists her NYC triplex penthouse -- for a loss: The former talk show host has put her Manhattan apartment at 255 E. 49th St ...
nypost.com/2024/04/16/real-estate/rosie-odonnell-relists-her-nyc-penthouse-for-a-loss/
This Luxurious Paris Apartment Was Originally Built for a French Noble: A couple renovated three separate apartments in a historic “hôtel particulier” and an ...
wsj.com/style/design/this-luxurious-paris-apartment-was-originally-built-for-a-french-noble-cc6ce349
Millennial moved from Florida to southern Portugal for a better life: Andrew Ibrahim was tired of Florida, and worried about what it was turning into ...
businessinsider.com/millennial-moved-florida-southern-portugal-better-life-2024-4
Rockford Is Now America’s Top Housing Market After an Improbable Turnaround: The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ...
wsj.com/real-estate/rockford-illinois-housing-market-rankings-realtor-d304570c
Updated Rera index in Dubai: When will tenants face higher rents? - News | Khaleej Times
khaleejtimes.com/uae/updated-rera-index-in-dubai-when-will-tenants-face-higher-rents
Arizona cares about hockey. The problem is the Coyotes care about real estate: Letter to the editor: The problem with the Arizona Coyotes isn't the fans ...
azcentral.com/story/opinion/letters/2024/04/17/arizona-coyotes-owner-cares-more-real-estate-hockey/73345984007/
Payne: Delivering packages in Rivian's Amazon EV truck: The sleek, dark-blue trucks with their LED-rimmed circular headlights and red LED light strip framing the ...
detroitnews.com/story/business/autos/2024/04/10/payne-delivering-packages-in-rivians-amazon-ev-truck/72839961007/
Small California home size of hotel room hits market for $1.7M: Located at the end of a quiet, residential cul-de-sac in Cupertino, the home is overlooked by ...
nypost.com/2024/04/13/real-estate/california-home-size-of-hotel-room-on-the-edge-of-silicon-valley-hits-market-for-1-7m/
Inside new home-buying trend for Gen Z: 'Houses before spouses': Meet the real estate experts who advise "houses before spouses" – recommending people ...
nypost.com/2024/04/08/lifestyle/gen-z-millennials-putting-houses-before-spouses-with-new-trend/
Watch for road work in Oakland County: Square Lake Road at I-75: The detour feeds drivers into downtown Pontiac or takes them west to Telegraph ...
freep.com/story/news/local/michigan/oakland/2024/04/14/mdot-road-work-square-lake-oakland-county/73307132007/
Adam Neumann shares new details on how he wants to transform apartment living: In an exclusive, Neumann shares why he believes Flow is a tech company and why he ...
businessinsider.com/adam-neumann-opens-up-about-his-startup-transform-apartment-living-2024-4
I got a loan modification and ended up with a 52-year mortgage. Is this normal? : ‘I found out last year, after talking to a few people who have also done a ...
marketwatch.com/story/i-couldnt-pay-my-370-000-mortgage-so-i-applied-for-a-loan-modification-now-i-have-a-52-year-loan-is-this-normal-0dd5efb5
They Love Their $14.95 Million Hamptons House. The Problem? Their Dog Hates It.: Bryan Graybill and Daniel Dokos built their dream home in Sag Harbor but are now ...
wsj.com/real-estate/luxury-homes/they-love-their-14-95-million-hamptons-house-the-problem-their-dog-hates-it-0cd7e13b
'Two-timer': Carl Foster killed his first wife before strangling his lovestruck girlfriend
detroitnews.com/story/news/local/michigan-history/2024/04/06/two-timer-carl-foster-killed-his-first-wife-before-strangling-his-lovestruck-girlfriend/70553095007/
Self-pour taproom Social Brews set to open with rotating chefs, local music: The multi-use space has indoor and outdoor seating and room for corporate and ...
detroitnews.com/story/entertainment/dining/2024/04/17/self-pour-taproom-social-brews-coming-to-downtown-detroit-with-rotating-chefs-local-music/73354044007/
Blackstone to take Apartment Income REIT private in $10 bln deal: Asset manager Blackstone said on Monday it would take private rental housing firm Apartment ...
reuters.com/markets/deals/blackstone-take-apartment-income-reit-private-10-bln-wsj-reports-2024-04-08/
Michigan House of Representatives briefly evacuated during tornado warning: The Michigan Senate was not in session at the time of the tornado warning ...
freep.com/story/news/politics/2024/04/17/michigan-house-evacuated-tornado-warning-state-capitol/73359303007/
Simon Cowell's $8.7M mansion invaded and marred by wild animals: 'It's like they're taking over'
nypost.com/2024/04/08/real-estate/simon-cowells-8-7m-mansion-invaded-and-marred-by-wild-animals-its-like-theyre-taking-over/
Warren Buffett's real-estate firm to spend $250M to get out of legal hot water: Warren Buffett's HomeServices of America agreed to pay $250 million to settle ...
businessinsider.com/warren-buffett-real-estate-brokerage-250-million-settlement-commissions-2024-4
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Real Estate Billionaire Stephen Ross Bets Big on South Florida: The Related Cos. founder is following the money flowing south by bringing his influence to ...
bloomberg.com/news/features/2024-04-25/real-estate-billionaire-stephen-ross-bets-big-on-south-florida
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Best Countries for Golden Visas: Tips for Applying as Programs End: Spain is the latest country to announce the end of its residency-by-investment program ...
bloomberg.com/news/newsletters/2024-04-25/best-countries-for-golden-visas-tips-for-applying-as-programs-end
Rents in Germany: Where housing costs are becoming a burden: Rent levels in Germany differ fundamentally from region to region. In Munich ...
cz.de/bauen-und-wohnen/mieten-in-deutschland-wo-die-wohnkosten-zur-belastung-werden-HYQPWFBC5VBIDBHSRUD3D7WTCI.html
Commercial Real Estate Debt Is Back With 170% Jump in Sales: Commercial real estate was one of the scariest assets in the US last year. This year ...
bloomberg.com/news/articles/2024-04-26/commercial-real-estate-debt-is-back-with-170-jump-in-sales
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Trump Lawyer Hints That Tabloid CEO Tried to Help Model’s Career: Donald Trump’s longtime personal assistant, who worked for his real estate empire for decades ...
bloomberg.com/news/articles/2024-04-26/trump-lawyer-hints-that-tabloid-ceo-tried-to-help-model-s-career
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Inheritance tax unsuitable for India, wealth creation is key: Experts: “Levy on inherited assets to hit savings, administrative nightmare”
financialexpress.com/money/inheritance-tax-unsuitable-for-india-wealth-creation-is-key-experts-3468820/
Blackstone Strikes $1.6 Billion Student Housing Deal With KKR: Blackstone Inc. agreed to sell a student-housing portfolio to KKR & Co. for $1.64 billion.
bloomberg.com/news/articles/2024-04-25/blackstone-strikes-1-6-billion-student-housing-deal-with-kkr
Express files for bankruptcy, will close 95 Express and all UpWest stores: Clothing retailer seeks court approval to continue operating its stores and paying its ...
marketwatch.com/story/express-files-for-bankruptcy-will-close-95-express-and-all-upwest-stores-270dcc0e
The 20 best US cities to own an electric vehicle : Owning an electric car can be a headache, and where you live can make it easier or harder ...
businessinsider.com/best-us-cities-to-own-electric-car-ev-2024-4
PulteGroup Posts Earnings Beat as ‘Shortage of Several Million Homes’ Spurs Demand
barrons.com/articles/pultegroup-earnings-stock-price-d4f6d664
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UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.
bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property
Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%: Mortgage rates jump to highest level since November 2023
marketwatch.com/story/home-buyers-turn-to-adjustable-rate-mortgages-as-30-year-rate-zooms-past-7-2c24221c
Real Estate: Secret revealed! Majority of HNIs prefer this investment model to generate wealth in realty space
financialexpress.com/money/real-estate-secret-revealed-majority-of-hnis-prefer-this-investment-model-to-generate-wealth-in-realty-space-3468511/
Blackstone Making $10 Billion Multifamily Purchase, Going on the Real Estate Offensive
on.wsj.com/4aFT2bP
Commercial development land in Co Galway guiding €2.4m
businesspost.ie/article/commercial-development-land-in-co-galway-guiding-e2-4m/
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Brussels house prices further dropped though flats grow more expensive: With the European Central Bank (ECB) not expected to lower interest rates until June ...
brusselstimes.com/brussels/1009977/brussels-house-prices-further-dropped-though-flats-grow-more-expensive
28 cities where rent is plunging as apartment supply surges: Report: Rent is tumbling across the US, thanks to a wave of new apartments. Here are 28 cities where ...
businessinsider.com/real-estate-best-cities-for-renters-rent-growth-apartment-supply-2024-4
To their horror, many millennials have found themselves with safe, way-too-gray decor and TikTok is skewering them. Here, what’s behind this conflicting ... Show more
What Are ‘Millennial Gray’ Homes and Why Are They Making Millennials Cringe?: To their horror, many millennials have found themselves with safe ...
wsj.com/articles/what-are-millennial-gray-homes-and-why-are-they-making-millennials-cringe-769f997a
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Apollo India Real Estate Partner Leaves in Strategy Shift: Apollo Global Management Inc.’s partner for real estate in India, Nipun Sahni, is leaving the firm ...
bloomberg.com/news/articles/2024-04-25/apollo-india-real-estate-partner-said-to-leave-in-strategy-shift
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Mortgage rates increase for fourth week in a row: ‘Many buyers are adjusting’ to higher rates, Freddie Mac says
marketwatch.com/story/mortgage-rates-climb-for-fourth-week-in-a-row-taking-the-wind-out-of-the-sails-of-the-housing-market-4df36019
7 cities where renting is much cheaper than buying: Zelman: Home affordability is still a huge issue, said leading real-estate analyst Ivy Zelman ...
businessinsider.com/real-estate-housing-market-renting-home-affordability-mortgage-rates-zelman-2024-4
9 Stocks That Thrive When Interest Rates Are Higher: The prospect of elevated interest rates for longer has dented the broader stock market—but history shows ...
barrons.com/articles/stock-market-interest-rates-fed-0c59d125
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5 things making the outside of your home look worse, designers say: Curb appeal, or a lack of it, can have a big impact when selling a home. So ...
businessinsider.com/things-making-outside-of-home-look-worse-curb-appeal-designers-2024-4
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Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading: Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a ...
bloomberg.com/news/articles/2024-04-25/larry-ellison-s-austin-snub-adds-to-city-s-housing-office-woes
The Gen-Z Advantage in Housing: A study suggests that Gen Z has it better in the housing market than the millennials who came before them.
nytimes.com/2024/04/25/realestate/the-gen-z-advantage-in-housing.html
Quick Glance: The Advantage of Gen Z in the Real Estate Market
- Research indicates that Gen Z performs better in the real estate market compared to the previous Millennials.
- On average, Gen Z-ers will spend approximately $145,000 on rent by their 30th birthdays, while millennials spent $127,000 during the same life stage.
- The share of income required for housing is around 27 percent for both generations, with Gen Z earning slightly more.
- Overall, housing costs for Gen Z owners are lower than for millennials, with Gen Z owners only needing to allocate about 30 percent of their income towards housing.
Billionaire's Nantucket beach house has officially been swept away : Billionaire investor Barry Sternlicht's Nantucket beach house has been demolished due to ...
businessinsider.com/billionaire-barry-sternlicht-nantucket-beach-house-destroyed-erosion-2024-4
9 ways rich real estate owners save big on estate taxes: These far-fetched tactics to give real estate to heirs are perfectly legal, lawyers and bankers to the ...
businessinsider.com/rich-real-estate-estate-gift-tax-avoidance-wealth-planning-inheritance-2024-4
A couple that built a seven-figure portfolio share their strategy: Before Carl and Mindy Jensen discovered the FIRE movement, they didn't know what index funds ...
businessinsider.com/couple-built-seven-figure-portfolio-share-investing-strategy-financial-independence-2024-4
Blackstone, KKR Mortgage REITs (BXMT, KREF) Face Souring Office Loans: Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling ...
bloomberg.com/news/articles/2024-04-24/blackstone-kkr-mortgage-reits-stung-by-office-debt-challenges
US Commercial Real Estate Market Outlook Is Improving, DoubleLine Says: Recovering risk appetite and tightening spreads in the commercial real estate market mean ...
bloomberg.com/news/articles/2024-04-24/doubleline-s-chen-says-draconian-commercial-real-estate-outlook-is-no-more
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Homebuyers Shun New Real Estate in Vancouver, Hurting Builders: Politicians are desperate for developers in Vancouver to build more homes to alleviate pressure ...
bloomberg.com/news/articles/2024-04-25/homebuyers-shun-new-real-estate-in-vancouver-hurting-builders
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Centerbridge Partners’ Top Real Estate Dealmaker Rahm to Depart: Centerbridge Partners’ Billy Rahm, who oversees global real estate investing ...
bloomberg.com/news/articles/2024-04-23/centerbridge-partners-top-real-estate-dealmaker-rahm-to-depart
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RESULTS: April 2024 Real Estate Brokers Licensure Examination: PRESS RELEASE: 1,337 out of 1,758 passed the Real Estate Brokers Licensure Examination ...
rappler.com/bulletin-board/examination-results/real-estate-brokers-licensure-april-2024/
For $1.7M, you can buy an entire Wild West-themed town in Montana: Once known as Frontier Town, this tourist attraction became one man's home -- and now ...
nypost.com/2024/04/26/real-estate/wild-west-themed-town-in-montana-lists-for-1-7m/
Baron Real Estate Income Fund Q1 2024 Shareholder Letter: Baron Real Estate Income Fund increased 1.96% in the first quarter of 2024, outperforming the MSCI US ...
seekingalpha.com/article/4685660-baron-real-estate-income-fund-q1-2024-shareholder-letter
Blackstone, KKR mortgage REITs stung by office debt challenges: Blackstone Inc and KKR & Co mortgage real estate investment trusts (REITs) are grappling with ...
thestar.com.my/business/business-news/2024/04/27/blackstone-kkr-mortgage-reits-stung-by-office-debt-challenges
Why criminals use abandoned buildings as hideouts – Experts: Some real estate experts have explained why most criminals often prefer uncompleted buildings to ...
punchng.com/why-criminals-use-abandoned-buildings-as-hideouts-experts/
The Swift Building in Houston Heights reborn as mixed-use project: Radom Capital and Triten Real Estate plan to convert the historic Swift meatpacking complex ...
houstonchronicle.com/business/real-estate/article/swift-building-redevelopment-heights-houston-19408803.php
South Korea Property Rout Sparks Fear of Private Credit Crisis: South Korea is emerging as a closely watched weak link in the $63 trillion world of shadow ...
bloomberg.com/news/articles/2024-04-22/south-korea-property-rout-sparks-fear-of-private-credit-crisis
Skip the traffic: Commuters turn to ferries to get around: Ferry ridership around the U.S. took a hit during the pandemic, but new terminals ...
nytimes.com/2024/04/08/business/ferry-real-estate-development.html
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