#property-market

[ follow ]
#real-estate

It didn't take long for Ethan Hawke's former NYC townhouse to find its next owner

Ethan Hawke's former Chelsea townhouse sold in just one month, attracting local bidders above asking price in a competitive market.

Billionaire Barry Diller, husband of Diane von Furstenberg, breaks record with $45M Miami plot purchase

Billionaire Barry Diller purchased a $45 million plot in Miami Beach, setting a new record for the area.

Michael Jordan's Chicagoland Manse Lands a Buyer After 12 Years on the Market

Michael Jordan's Chicago estate, under contract after 12.5 years, highlights challenges in selling celebrity homes.

Downsizing With $700,000 on the East Side of Manhattan, Where Charm Is More Expensive'

The Forzaglias traded prewar charm for a cookie-cutter one-bedroom in a newish co-op building for better infrastructure and cost predictability.

They wanted good schools, nature and a feeling of privacy.' What could they find on the Peninsula with $3.5 million?

They sought a larger home after a decade in Menlo Park, prioritizing space, good schools, and nature.

NYC's most iconic buildings are plummeting in value and savvy investors are gobbling up the deals

NYC iconic buildings are selling at significantly reduced prices, spurring a competitive buying atmosphere.

It didn't take long for Ethan Hawke's former NYC townhouse to find its next owner

Ethan Hawke's former Chelsea townhouse sold in just one month, attracting local bidders above asking price in a competitive market.

Billionaire Barry Diller, husband of Diane von Furstenberg, breaks record with $45M Miami plot purchase

Billionaire Barry Diller purchased a $45 million plot in Miami Beach, setting a new record for the area.

Michael Jordan's Chicagoland Manse Lands a Buyer After 12 Years on the Market

Michael Jordan's Chicago estate, under contract after 12.5 years, highlights challenges in selling celebrity homes.

Downsizing With $700,000 on the East Side of Manhattan, Where Charm Is More Expensive'

The Forzaglias traded prewar charm for a cookie-cutter one-bedroom in a newish co-op building for better infrastructure and cost predictability.

They wanted good schools, nature and a feeling of privacy.' What could they find on the Peninsula with $3.5 million?

They sought a larger home after a decade in Menlo Park, prioritizing space, good schools, and nature.

NYC's most iconic buildings are plummeting in value and savvy investors are gobbling up the deals

NYC iconic buildings are selling at significantly reduced prices, spurring a competitive buying atmosphere.
morereal-estate
#real-estate-trends

Landlords defy tax hike as buy-to-let share of market edges higher

Despite new tax increases, landlords are maintaining a significant presence in the property market, countering expectations of reduced buy-to-let activity.

What will happen to property prices in Spain in 2025?

Spain's property prices are expected to rise moderately due to high demand and low supply, with projections of around 3% increases for 2024 and 2025.

America's Most Expensive Home Is a $70M Modern Mansion on Miami Beach's Hibiscus Island

A $70 million home on Hibiscus Island in Miami Beach, FL, is this week's most expensive property on Realtor.com®.

Cost of typical home went up by 20,000 in a year due to supply squeeze

Median home price in Ireland rose by €20,000 this year, reaching €330,000 in the first quarter due to lower inventory and high demand.

Landlords defy tax hike as buy-to-let share of market edges higher

Despite new tax increases, landlords are maintaining a significant presence in the property market, countering expectations of reduced buy-to-let activity.

What will happen to property prices in Spain in 2025?

Spain's property prices are expected to rise moderately due to high demand and low supply, with projections of around 3% increases for 2024 and 2025.

America's Most Expensive Home Is a $70M Modern Mansion on Miami Beach's Hibiscus Island

A $70 million home on Hibiscus Island in Miami Beach, FL, is this week's most expensive property on Realtor.com®.

Cost of typical home went up by 20,000 in a year due to supply squeeze

Median home price in Ireland rose by €20,000 this year, reaching €330,000 in the first quarter due to lower inventory and high demand.
morereal-estate-trends
#first-time-buyers

Buyers rush to beat stamp duty changes amid lengthy delays in house purchases

Homebuyers are rushing to finalize transactions before the April 2025 deadline for stamp duty relief ends.

Warning over Lifetime ISAs as savers risk being fined or frozen out'

The Lifetime ISA has strict property value limits that frustrate first-time buyers seeking affordable housing.

Buyers rush to beat stamp duty changes amid lengthy delays in house purchases

Homebuyers are rushing to finalize transactions before the April 2025 deadline for stamp duty relief ends.

Warning over Lifetime ISAs as savers risk being fined or frozen out'

The Lifetime ISA has strict property value limits that frustrate first-time buyers seeking affordable housing.
morefirst-time-buyers

Rising costs driving migration away from Cape Town

Migration patterns in South Africa are shifting, with Western Cape and Gauteng as primary destinations for improved living conditions due to affordability and job opportunities.
#luxury-real-estate

Penthouse at 50 United Nations Plaza finally finds a buyer

The Turtle Bay duplex finally sold after a decade on the market, showcasing the enduring appeal of Manhattan's luxury real estate.

Unveil a Tropical Paradise at One Beachlands in Barbados

One Beachlands is a luxurious six-bedroom villa in Barbados, offering beachfront living with modern sophistication and a tropical charm for $25 million.

Dulles from your Md. bedroom? A $9 million penthouse has such views

The penthouse at Somerset House in Chevy Chase, Md., features luxurious amenities and panoramic views.
Despite being extravagant, the unit's asking price has dropped from $10.5 million to $9 million due to market fluctuations.

Hamptons Compound on 21 Acres for $99.5M Is the Week's Most Expensive Home

Two waterfront mansions with 24 bedrooms listed for $99.5 million in Water Mill, NY.
Other expensive properties include a California estate, a Puerto Rico penthouse, and a New York townhouse.

Buying London: the cast and houses featured on Netflix's new series

London now has its own high-end property show 'Buying London' akin to 'Selling Sunset.'

These are the five most expensive streets in London

London's most prestigious streets command multi-million pound prices for glamorous properties.

Penthouse at 50 United Nations Plaza finally finds a buyer

The Turtle Bay duplex finally sold after a decade on the market, showcasing the enduring appeal of Manhattan's luxury real estate.

Unveil a Tropical Paradise at One Beachlands in Barbados

One Beachlands is a luxurious six-bedroom villa in Barbados, offering beachfront living with modern sophistication and a tropical charm for $25 million.

Dulles from your Md. bedroom? A $9 million penthouse has such views

The penthouse at Somerset House in Chevy Chase, Md., features luxurious amenities and panoramic views.
Despite being extravagant, the unit's asking price has dropped from $10.5 million to $9 million due to market fluctuations.

Hamptons Compound on 21 Acres for $99.5M Is the Week's Most Expensive Home

Two waterfront mansions with 24 bedrooms listed for $99.5 million in Water Mill, NY.
Other expensive properties include a California estate, a Puerto Rico penthouse, and a New York townhouse.

Buying London: the cast and houses featured on Netflix's new series

London now has its own high-end property show 'Buying London' akin to 'Selling Sunset.'

These are the five most expensive streets in London

London's most prestigious streets command multi-million pound prices for glamorous properties.
moreluxury-real-estate
#investment

China's property market has 'not found a bottom' yet, Standard Chartered CEO Bill Winters says

China's property market remains unstable, impacting consumer and investor confidence.

Reeves to leave capital gains tax on property untouched, reports say

Reeves will not change capital gains tax rates on second homes to prevent property market slowdown.

China's property market has 'not found a bottom' yet, Standard Chartered CEO Bill Winters says

China's property market remains unstable, impacting consumer and investor confidence.

Reeves to leave capital gains tax on property untouched, reports say

Reeves will not change capital gains tax rates on second homes to prevent property market slowdown.
moreinvestment
from London Business News | Londonlovesbusiness.com
2 months ago

Chinese yuan steady while traders monitor stimulus clues - London Business News | Londonlovesbusiness.com

The Chinese yuan's stability is threatened by ongoing property market struggles and declining investor confidence related to economic policies.

Solicitor whose property portfolio collapsed has 2.6m in debt written off by High Court

Bernard Murphy has had €2.6m in debts written off, receiving only 1.7% of what creditors are owed.
#china-economy

The pillars of China's economy are in a free fall that's getting worse

China's reliance on manufacturing to offset a slumping property market may fall short without increased government support.

China leaves economists wanting more action to defeat deflation

China is increasing economic support but economists feel it's insufficient to combat deflation.

China 'confident' of hitting economic goals DW 10/08/2024

China is confident it can achieve development goals for 2024 without an additional stimulus package.

The pillars of China's economy are in a free fall that's getting worse

China's reliance on manufacturing to offset a slumping property market may fall short without increased government support.

China leaves economists wanting more action to defeat deflation

China is increasing economic support but economists feel it's insufficient to combat deflation.

China 'confident' of hitting economic goals DW 10/08/2024

China is confident it can achieve development goals for 2024 without an additional stimulus package.
morechina-economy

Fla. house that's still smoldering from Hurricane Helene damage hits market for $259K - as Milton approaches

The Florida home is listed for $259,000 despite fire damage, highlighting renovation potential amidst safety concerns.
#housing-crisis

'Nothing to help single parents get on the property ladder' - Budget offers little solace for mum facing eviction

Budget 2025 fails to address housing crisis for single parent families, raising concerns over potential homelessness and inadequate support measures.

This London borough has the most empty properties

London's housing crisis is exacerbated by over 5000 completely empty buildings in Southwark alone.

'Nothing to help single parents get on the property ladder' - Budget offers little solace for mum facing eviction

Budget 2025 fails to address housing crisis for single parent families, raising concerns over potential homelessness and inadequate support measures.

This London borough has the most empty properties

London's housing crisis is exacerbated by over 5000 completely empty buildings in Southwark alone.
morehousing-crisis
#rightmove

Rightmove calls for 'best and final' offer after rejecting third Murdoch bid of 6.2 billion

Rightmove rejected REA Group's improved £6.2 billion takeover offer, citing undervaluation and seeking a more definitive proposal before deadline.

Murdoch's 5.6 billion bid for U.K. property portal Rightmove rejected by management as 'opportunistic and fundamentally undervalued'

Rightmove rejected REA Group's takeover bid as undervaluing the company, showcasing its strong market position and future potential.

REA Group makes third offer to buy Rightmove, worth 6.1bn business live

REA Group is persistent in acquiring Rightmove, increasing their offer after two rejections.
The strategic combination aims to enhance services for agents and buyers in a competitive market.

Rightmove rejects third bid from Rupert Murdoch's REA Group

Rightmove rejected REA's third bid due to undervaluation concerns, emphasizing shareholder interests and increased competitive pressures in the property market.

Rightmove can play hardball on asking price. It doesn't need a Murdoch takeover | Nils Pratley

Rightmove remains a dominant player in the UK property market with impressive financial metrics, despite market challenges and potential competition.

China's factories hit by falling export demand; Murdoch's REA Group considers Rightmove takeover offer business live

Rightmove shares surged 25% due to REA Group's potential takeover interest, valuing Rightmove around 5.5 billion pounds.
REA Group's interest could create a dominant online property agent in both Australia and the UK.

Rightmove calls for 'best and final' offer after rejecting third Murdoch bid of 6.2 billion

Rightmove rejected REA Group's improved £6.2 billion takeover offer, citing undervaluation and seeking a more definitive proposal before deadline.

Murdoch's 5.6 billion bid for U.K. property portal Rightmove rejected by management as 'opportunistic and fundamentally undervalued'

Rightmove rejected REA Group's takeover bid as undervaluing the company, showcasing its strong market position and future potential.

REA Group makes third offer to buy Rightmove, worth 6.1bn business live

REA Group is persistent in acquiring Rightmove, increasing their offer after two rejections.
The strategic combination aims to enhance services for agents and buyers in a competitive market.

Rightmove rejects third bid from Rupert Murdoch's REA Group

Rightmove rejected REA's third bid due to undervaluation concerns, emphasizing shareholder interests and increased competitive pressures in the property market.

Rightmove can play hardball on asking price. It doesn't need a Murdoch takeover | Nils Pratley

Rightmove remains a dominant player in the UK property market with impressive financial metrics, despite market challenges and potential competition.

China's factories hit by falling export demand; Murdoch's REA Group considers Rightmove takeover offer business live

Rightmove shares surged 25% due to REA Group's potential takeover interest, valuing Rightmove around 5.5 billion pounds.
REA Group's interest could create a dominant online property agent in both Australia and the UK.
morerightmove
#china

Longtime China bull Ray Dalio fears economy faces problems as severe as Japan in 1990

China's economic crisis mirrors Japan's pre-1990 bubble burst, raising concerns over debt restructuring and consumer spending.

China to cut mortgage rates as part of plan to prop up property market

China is implementing drastic measures, including cutting mortgage rates and supporting affordable housing, to stabilize the faltering property market.

Longtime China bull Ray Dalio fears economy faces problems as severe as Japan in 1990

China's economic crisis mirrors Japan's pre-1990 bubble burst, raising concerns over debt restructuring and consumer spending.

China to cut mortgage rates as part of plan to prop up property market

China is implementing drastic measures, including cutting mortgage rates and supporting affordable housing, to stabilize the faltering property market.
morechina

How has the rise of remote work affected demand in different areas of London? - London Business News | Londonlovesbusiness.com

The rise of remote work is reshaping housing preferences, prompting moves away from city centers towards suburban areas.

Waiting for mum and dad to die: Is inheriting the only hope for young Spaniards?

Spain's generational shift in home ownership is leading to rising inheritances affecting the property market and society.
Younger generations in Spain struggle with rising property prices amid an aging population of homeowners.

Revealed: The counties with fewest homes available to rent or buy

Meath and Kildare have among the lowest availability of properties, highlighting pressures in commuter counties.

SCS Development drops $87M on Monrovia apartments

A housing developer from the San Francisco Bay Area purchased a Monrovia apartment complex for $87.3 million, marking a significant investment in L.A. County's real estate market.

Savills signals early signs of market recovery' as revenues grow

Savills reported revenue growth and profits as early signs of market recovery are seen.

Home sale prices from Santa Clara and The Peninsula, May 19, 2024

Weekly residential transactions in various cities and neighborhoods in Santa Clara and The Peninsula.

These are the 5 most expensive streets to buy a home in London

London has one of the most expensive streets in the UK with an average asking price of 9 million pounds.

Should Mass. ban corporate home buyers?

Between 2004-2018, 1 in 5 residential properties in Greater Boston bought by investors or institutional entities.
Real estate investors contribute to housing affordability challenges by competing with regular homebuyers and driving up prices.
[ Load more ]