#property-market

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#real-estate

Four-bedroom home in San Jose sells for $2.5 million

Real estate in the Bay Area remains highly valued, with significant sales prices indicating strong market demand.

Ohio condo becomes most popular home of the week thanks to chaotic real estate listing photos

A three-bedroom condo in Dayton is popular due to its low price and potential despite needing significant cosmetic upgrades.

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.

Multi family sells in San Jose for $2 million

The multi-unit house at 1726 Ross Circle in San Jose sold for $1,953,000, indicating a competitive real estate market.

Single-family residence in San Ramon sells for $2 million

The property at 113 Posada Court in San Ramon was sold for $1.96 million, indicating a robust real estate market.

Sale closed in Danville: $1.3 million for a four-bedroom home

The property market in Danville shows strong activity with competitive pricing and a variety of recent home sales.

Four-bedroom home in San Jose sells for $2.5 million

Real estate in the Bay Area remains highly valued, with significant sales prices indicating strong market demand.

Ohio condo becomes most popular home of the week thanks to chaotic real estate listing photos

A three-bedroom condo in Dayton is popular due to its low price and potential despite needing significant cosmetic upgrades.

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.

Multi family sells in San Jose for $2 million

The multi-unit house at 1726 Ross Circle in San Jose sold for $1,953,000, indicating a competitive real estate market.

Single-family residence in San Ramon sells for $2 million

The property at 113 Posada Court in San Ramon was sold for $1.96 million, indicating a robust real estate market.

Sale closed in Danville: $1.3 million for a four-bedroom home

The property market in Danville shows strong activity with competitive pricing and a variety of recent home sales.
morereal-estate
#investment

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.

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®.

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.

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®.
moreinvestment

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

China leaves economists wanting more action to defeat deflation

China is increasing economic support but economists feel it's insufficient to combat deflation.
from www.dw.com
4 weeks ago

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.
from Fortune
2 months ago

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.
morechina-economy
#home-renovation

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.

'Piece of Art': Ralph Twitchell-Designed Home in Sarasota Hits the Market for $2.1M

Ralph Twitchell's midcentury modern home in Sarasota is on the market for $2,150,000.
The home features two pavilions around an open courtyard with floor-to-ceiling glass walls, maintaining a true midcentury modern design aesthetic.

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.

'Piece of Art': Ralph Twitchell-Designed Home in Sarasota Hits the Market for $2.1M

Ralph Twitchell's midcentury modern home in Sarasota is on the market for $2,150,000.
The home features two pavilions around an open courtyard with floor-to-ceiling glass walls, maintaining a true midcentury modern design aesthetic.
morehome-renovation
#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.

Housing experts fear Hunt's budget will shun building for borrowing

Focus on addressing housing crisis and getting more homes built in Spring Budget
Speculation around 99% mortgage scheme and potential Stamp Duty changes in the fiscal plan

'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.

Housing experts fear Hunt's budget will shun building for borrowing

Focus on addressing housing crisis and getting more homes built in Spring Budget
Speculation around 99% mortgage scheme and potential Stamp Duty changes in the fiscal plan
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.

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.

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.

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.

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.

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.

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.

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.

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
from Fortune
1 month ago
Business

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.
#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.

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.'
from Time Out London
6 months ago

These are the five most expensive streets in London

London's most prestigious streets command multi-million pound prices for glamorous properties.
from SFGATE
6 months ago

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.

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.

California Ranch Gets a Half-Price Discount and Is Still the Week's Most Expensive Home

A 3,600-acre ranch in Ojai, CA, is on the market with a 50% price reduction, still making it the most expensive home.
Properties like a Georgian mansion and a chic Beverly Hills home are featured in the list of expensive homes this week.
from therealdeal.com
2 months ago

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.

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.

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.

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.

California Ranch Gets a Half-Price Discount and Is Still the Week's Most Expensive Home

A 3,600-acre ranch in Ojai, CA, is on the market with a 50% price reduction, still making it the most expensive home.
Properties like a Georgian mansion and a chic Beverly Hills home are featured in the list of expensive homes this week.
moreluxury-real-estate

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.
#home-prices

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.

Which 10 Danville, San Ramon, Dublin, Pleasanton homes had the best prices the week of March 4?

The most affordable real estate sale in Danville was a house sold for $1.4 million.
The average price of real estate in Danville, San Ramon, Dublin, Pleasanton last week was $2.3 million.

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.

Which 10 Danville, San Ramon, Dublin, Pleasanton homes had the best prices the week of March 4?

The most affordable real estate sale in Danville was a house sold for $1.4 million.
The average price of real estate in Danville, San Ramon, Dublin, Pleasanton last week was $2.3 million.
morehome-prices

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.

New 5,000 deposit mortgage allows homeowners to borrow up to 99%

A new 5,000 deposit mortgage has been launched for first-time buyers, allowing potential borrowing up to 99% of property value.
Mortgage applicants must still demonstrate strong creditworthiness and pass affordability assessments despite the low deposit requirement.

Inside the Bromley flat up for sale which could pass as a horror movie set

Fixer-upper flat in Bromley is a renovation challenge with potential
Despite the horror movie set-like appearance, the flat offers serene views and room for transformation

Single family residence in Milpitas sells for $1.9 million

Housing market in Milpitas
Property features and prices

New data reveals which homeowners made the most by selling up in 2023

Homeowners made average gains in 2023: Detached - 137,000, Bungalow - 102,000, Semi-detached - 81,000, Terraced - 65,000, Flat - 30,000.
Homeowners with bungalows typically left 11 years between moves, compared to 10 years for detached homes, and 9 years for semi-detached, terraced homes, or flats.
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