Big banks have been reducing their exposure to CRE, which is still grappling with high vacancy rates.
“The average days on market has gone from less than a week up to about 89 days,” says broker Amanda Pohlman of Keller Williams Living.
With real estate firms in financial distress, thousands of people are left with unfinished condos. Some are trying to fight back.
As mortgage rates rise, the housing market in San Francisco has come “to a screeching halt,” says Cynthia Cummins.
Evergrande is among the three biggest property developers in China and it seems to have the backing of the Chinese communist party.
Owning property (or not) can determine your future in China. But it’s a gamble that doesn’t always pay off for those who have invested their life savings.
The National Association of Realtors says it has more members than the number of homes for sale at the moment.
Creative neighborhood renaming is common in real estate, but not all residents are on board with the trend.
Millions of kids attend camps, which increasingly have to offer more than just color wars and swimming lessons to win customers
Rising home prices have led to higher consumer confidence, but will that translate into more consumer spending in the near future?
