Aerial view of the roof gardens at Gasholder Park in Kings Cross, London.
Richard Newstead | Moment | Getty Images
The U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region’s strained property market.
An anticipated fall in interest rates and modest economic revival will spur inflows from overseas investors looking to capitalize on “increasingly attractive pricing levels,” new research from international property firm Savills suggests.
U.S., Israeli, Japanese and Taiwanese investors are set to lead that charge, spearheading a 20% rebound in real estate investment activity in 2024 as…
A luxury condo in Whistler, B.C., has just sold for $9.3 million, reportedly breaking a real estate record for the resort community.
John Ryan of Whistler Real Estate Company announced the sale of the 3.5-bedroom, four-bathroom corner unit, located in the private residence area of the Four Seasons resort, as the highest-priced condo ever sold in Whistler.
At $3,677 per square foot, the sale also marked the third-highest price per square foot in the community’s “overall residential real estate history,” according to a news release from the Realtor.
“Very significant sale in what we think is maybe trying economic times,”…
UNION CITY — Fortinet has widened its shopping spree for Bay Area real estate with the purchase of a Union City building, sending the value of its real estate acquisitions in the nine-county region past a half-billion dollars.
The tech company’s property-buying expeditions are even larger in the South Bay than they are in Union City.
All told, Fortinet has paid $535.7 million to buy properties in Sunnyvale, Santa Clara and Union City.
In Alameda County, Fortinet, a cybersecurity company, has spent an eyebrow-raising $209 million to buy several commercial or industrial properties in Union City, according to a review…
Metro Denver’s housing market saw signs of an early spring last month, with both new listings and closings rising sharply, according to an update from the Denver Metro Association of Realtors.
New listings, a measure of seller activity, rose 29.1% month-over-month to 4,243, an increase of 22.6% from a year earlier. Closings were up 31.2% month-over-month to 2,864, but they remained down 0.45% from year-ago levels.
There were 5,511 homes and condos available for sale at the end of the month, an increase of 13.1% from January and 45.9% from February of 2023.
The median sales price for a single-family…
Mark Worrilow teaches in-person and hybrid real estate classes throughout the state.
Mark Worrilow of Fathom Realty sheds light on the absorption rate in the Northern Virginia Real Estate market and its pivotal role in navigating the dynamic Real Estate landscape of Northern Virginia and Stafford County. Worrilow, an expert in the field, delved into why absorption rate holds significant importance for prospective buyers and sellers.
“When people inquire about the state of the market, the terms ‘seller’s market’ or ‘buyer’s market’ often get tossed around without much quantification,” commented Worrilow. “Absorption rate provides that quantification by comparing the number…
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More than two-thirds of home sales in Manhattan last quarter were cash purchases, a record, as high rates on mortgages deter all but the richest buyers.
As mortgage rates hover around 6 per cent, nearly 70 per cent of Manhattan homes purchased in the final quarter of 2023 were bought without a mortgage, according to Pamela Liebman, the chief executive of real estate brokerage Corcoran. Cash purchases jumped from just 55 per cent of transactions in the same period in…
Good afternoon, and thank you for subscribing to Building Austin, our weekly newsletter focused on real estate, growth and development in the Austin region. I’m Shonda Novak, the American-Statesman’s real estate reporter.
Despite fluctuating mortgage interest rates and economic uncertainty, the uber wealthy are still buying high-dollar homes in the Austin market, according to real estate agents and a new report from Compass, a leading luxury brokerage.
More:See inside this massive 6-acre Lake Austin compound, formerly listed for $50 million
In a recent email, Austin luxury real estate broker Eric Moreland told me that demand remains strong in the local…
Commercial real estate fears are overblown, a portfolio manager told CNN.
While demand for office spaces has slumped post-COVID, other property types are quite healthy.
Commercial mortgage bonds have priced in the bad news and sentiment could soon improve.
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Everyone needs to chill out about the commercial real estate market.
That’s according to a portfolio manager at Brandywine Global. In an interview with CNN, Tracy Chen said much of the recent hand-wringing over the commercial property sector is overblown.
“If…