Real estate will defeat Beijing, again – Reuters
Residential buildings under construction are seen at Evergrande Cultural Tourism City, a project developed by China Evergrande Group, in Suzhou’s Taicang, Jiangsu province, China September 23, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 21 (Reuters Breakingviews) – You lose some, you lose some. President Xi Jinping’s war […]
The Power Is Now Real Estate Magazine | July 18, 2022
Maine real estate market cooled in June as interest rates rose – Lewiston Sun Journal
Barbara and Frank Galardo sold their Portland house in June. It sold quickly, but it wasn’t the dozen-offer, above-asking-price sale that has characterized Maine’s real estate market for the last couple of years. Derek Davis/Staff Photographer Barbara and Frank Galardo decided to sell their Portland home – a 2003 colonial in a “fantastic” neighborhood – […]
Blackstone Puts Finishing Touches on Record Real-Estate Vehicle – The Wall Street Journal
Blackstone is in the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising. The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners […]
Seattle real estate startup Flyhomes cuts 20% of staff, citing ‘uncertain economic conditions’ – GeekWire
Flyhomes CEO Tushar Garg. (Flyhomes Photo) Flyhomes is the latest tech startup to cut jobs. The Seattle real estate company laid off approximately 20% of its staff, a spokesperson confirmed to GeekWire. The company did not provide an updated headcount. It has 763 employees, according to LinkedIn. One employee said 200 workers were let go. […]
Stock market activity ‘indicator’ of what will happen in real estate market: Expert – Fox Business
Katrina Campins weighs in on the recent slowdown in the real estate market and explains what’s behind it. Luxury real estate agent Katrina Campins argued Wednesday that “the stock market is going to be an indicator of what happens in the real estate market.” The Campins Company founder stressed clients have been impacted by the stock market, which, […]
Top 10 Property Technology Trends & Innovations for 2022
Research shows that modern technology adaptation has been significantly low in the real estate sector. The property market is still categorized as traditional. Property technology (proptech) has ensured digital transformation in the real estate sector. The need to adapt to technology is mainly aimed toward achieving a good customer-client experience in the lifecycle of mortgages, […]
Chinese spent $6.1B on US real estate last year – New York Post
Chinese investors were the most active buyers of US real estate last year among foreigners — spending a record $6.1 billion on homes mainly in Florida and California, according to the National Association of Realtors. Buyers from mainland China, Taiwan, and Hong Kong spent an average of just over $1 million per transaction to purchase […]
