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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
David Beckham Is Suing Mark Wahlberg and His F45 Gym for More Than $14 Million: David Beckham is suing the gym F45, co-owned by Mark Wahlberg, for more than $14 ...
robbreport.com/lifestyle/sports-leisure/david-beckham-mark-wahlberg-f45-lawsuit-1235591915/
In California’s Carmel Valley, a Picturesque Retreat Lists for $11 Million: Resting on Ring Lane, within Carmel Valley's desirable Miramonte neighborhood ...
robbreport.com/shelter/homes-for-sale/picturesque-house-carmel-valley-1235591803/
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/
Pro-Palestinian students vow to 'de-occupy' Princeton after administration halts encampment
middleeasteye.net/news/students-vow-occupy-princeton-after-admin-shuts-down-encampment
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
UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
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.
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
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
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.
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
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.
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/
Home of the Week: A 9-Bedroom Manhattan Residence in One of New York’s Most Sought-After Buildings
robbreport.com/shelter/homes-for-sale/residence-2abc-the-apthorp-manhattan-1235585910/
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/
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
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
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
‘For All Mankind’ Creator Matt Wolpert Picks Up Historic Pasadena Home for $4.6 Million
robbreport.com/shelter/celebrity-homes/matt-wolpert-house-pasadena-1235592085/
A Historic Wallace Neff-Designed Home Hits the Market in L.A. for $10.8 Million: Built in the 1920s for an early leader of Montgomery Ward, the Pasadena home has ...
robbreport.com/shelter/homes-for-sale/wallace-neff-designed-charles-thorne-house-pasadena-1235587493/
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/
Check out these 8 new spots for outdoor dining around metro Atlanta: While there are countless patios and rooftop bars to enjoy around metro Atlanta ...
ajc.com/food-and-dining/check-out-these-8-new-spots-for-outdoor-dining-around-metro-atlanta/GVEUK5U23VHFNHKPUAC4PRP75A/
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/
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
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
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
28 Things To Get For Your Backyard This Spring: After using these items, I wouldn't blame you for wanting to spend every day outside.
huffpost.com/entry/spring-things-for-your-backyard_l_662011b7e4b0d6337658783e
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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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
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
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/
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
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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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
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
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
PulteGroup Posts Earnings Beat as ‘Shortage of Several Million Homes’ Spurs Demand
barrons.com/articles/pultegroup-earnings-stock-price-d4f6d664
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B&Q pressure washer fans say is 'excellent value' and makes patio 'brand new': The Kärcher K4 Power Control Corded Pressure washer costs £209 from B&Q and ...
birminghammail.co.uk/whats-on/shopping/bq-selling-pressure-washer-fans-29058037
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
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
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
'Simple' ways to get rid of ants and stop them coming back: Ants aren't just a nuisance, they can also cause damage
walesonline.co.uk/whats-on/whats-on-news/simple-ways-rid-ants-stop-29050680
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/
This Reviewer-Favorite Pressure Washer Is 20% Off Today: Get dirt and grime off your walkway, fences, patio, the sides of your house and even your car.
huffpost.com/entry/pressure-washer-sale-amazon_l_662919e9e4b06e0c270ad1b9
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
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
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
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/
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
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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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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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
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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Lender threatens to ‘wipe out’ Johnny Ronan’s real estate group, High Court told: Claim made as part of security for costs application from Fortress Investments ...
businesspost.ie/article/lender-threatens-to-wipe-out-johnny-ronans-real-estate-group-high-court-told/
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Kasa Living's 33-page pitch deck that raised $70 million in funding: Kasa Living is trying to disrupt vacation rentals. Here's the pitch deck CEO Roman Pedan ...
businessinsider.com/kasa-livings-33-page-pitch-deck-that-raised-70-million-in-funding-2024-4
Why Seattle becoming the next Detroit might not be the worst thing: The challenges confronting Martin Selig, Seattle's most prolific downtown developer ...
seattletimes.com/business/why-seattle-becoming-the-next-detroit-might-not-be-the-worst-thing/
Key Factors Behind KKR Real Estate's Dividend Growth, And The Risks.: KKR Real Estate reported a portfolio growth of 53% from 2018 to 2023, and analysts expect ...
seekingalpha.com/article/4686662-key-factors-behind-kkr-real-estates-dividend-growth-and-the-risks
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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
I visited Scottsdale, Arizona, to see why it's attracting millionaires: Business Insider's reporter went to Scottsdale, Arizona, to find out what's attracting ...
businessinsider.com/scottsdale-arizona-millionaires-moving-what-its-like-photos-2024-4
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Single offer for New Westminster condo meets asking price: Quick sale for New Westminster unit priced at market value
theglobeandmail.com/real-estate/vancouver/article-single-offer-for-new-westminster-condo-meets-asking-price/
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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Commercial Real Estate Loan Risk Getting Worse By The Day: More challenging news about commercial real estate loans continues to surface. Read why this issue ...
seekingalpha.com/article/4686145-commercial-real-estate-loan-risk-getting-worse-by-the-day
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Downtown Cincinnati's old Chong Building to undergo $28 million hotel conversion: The former Chong Building on Race Street in downtown Cincinnati will become a ...
cincinnati.com/story/news/2024/04/25/chong-building-in-cincinnati-to-become-home2-suites-by-hilton/73439298007/
Sanctuary for all seasons: A Wānaka house is designed to be an adaptable retreat in a changing environment, Kim Dungey reports. Located within walking distance ...
odt.co.nz/lifestyle/home-garden/sanctuary-all-seasons
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