VIDEO — ‘A Historic Moment’: National Association of Realtors Settlement Changes Six Percent Commission Policy
A recent lawsuit settlement is expected to bring major changes to the residential real estate market, and some are calling it historic.
A recent lawsuit settlement is expected to bring major changes to the residential real estate market, and some are calling it historic.
Egypt is selling real estate to the United Arab Emirates for $24 billion to make up for the Suez Canal shortfall from Houthi terrorism.
Chinese dictator Xi Jinping demanded innovative solutions to China’s growing economic woes in remarks on Tuesday and Wednesday, warning against “a headlong rush into projects and the formation of industry bubbles” that could result in “abandoning traditional industries.”
China set an official 2024 target for GDP growth of around five percent in a report from Premier Li Qiang to the National People’s Congress.
China launched its “two sessions” — the annual meetings of its top lawmaking body, the National People’s Congress (NPC), and the Chinese People’s Political Consultative Conference (CPPCC), an “advisory” body with over 2,000 members — on Monday, seeking to devise ways to reverse its increasingly concerning economic decline.
Former Pakistani Prime Minister Imran Khan, already jailed on corruption and national security charges, was indicted on Tuesday on charges that he and his wife Bushra Bibi accepted parcels of land as bribes when Khan was in office.
New home prices in China slipped again in January, and existing home sales slipped even more, notching the steepest decline in nine years.
A Hong Kong court on Monday ordered the gigantic China Evergrande Group to liquidate, a long-feared but perhaps inevitable step that brings China’s troubled property market one step closer to a dangerous crisis.
Sales of newly built homes in the U.S. surged by much more than expected as buyers were drawn in by falling interest rates, data from the Commerce Department indicated Thursday. New home sales rose 8 percent to an annual rate
Actor Alec Baldwin listed his Hamptons mansion for sale just days before being indicted on an involuntary manslaughter charge — reducing the asking price by more than $10 million compared to a failed sale attempt in 2022.
Chinese officials signaled that a bailout for the property sector could be imminent as banks face a $4 trillion mountain of bad loans.
Protesters once again stormed banks in China’s Henan province last weekend, a little over a year after a violent regime crackdown.
China’s manufacturing activity crashed in October, posting numbers far lower than the slight dip many outside observers expected.
The mystery surrounding the disappearance of China Evergrande founder Hui Ka Yan deepened on Monday as another billionaire, Skyworth founder Wong Hongsheng, uncorked a WeChat video rant that essentially accused Hui of treason for trying to shelter his assets overseas.
Sales have dropped to near all-time lows.
The Chinese Communist Party has reportedly placed Hui Ka Yan, the billionaire chairman and founder of China’s gigantic and dangerously indebted Evergrande Group, under police surveillance, reports indicated Wednesday.
All three of the major indexes of home prices hit new record highs in July.
Home affordability keeps getting worse and worse.
Chinese police descended upon the financial services arm of doomed property giant Evergrande on Saturday night, arresting numerous employees.
A Texas real estate mogul from Lufkin reportedly sold a large amount of local farmland to a Chinese billionaire identified as Sun Guangxin, who has links to the Chinese Communist Party (CCP).
Amid ongoing concerns about a crisis in the commercial real estate market, the funds that previously bailed out beleaguered office co-working startup WeWork are reportedly exploring bankruptcy options for the company.
The rapid rise in mortgage rates has pushed many owners of existing homes out of the market, giving a boost to home builders and the market for new homes.
The rapid rise of interest rates after years of ultra-low rate mortgages has paralyzed the housing market.
Once a symbol of China’s high-flying property market, Evergrande on Thursday sought bankruptcy protection in the U.S.
Sales cam in much lower than expected.
Home prices are down the most on a year-over-year basis since 2012.
There just are not that many houses for sale right now.
New single-family home construction spending rose 1.7 percent, giving more support to the idea that the housing market may have bottomed earlier this year and begun to recover.
New York City Mayor Eric Adams compared a woman to a plantation owner after she called him out for supporting a hike in rent prices.
Although Chinese Communist officials and regime media continue to insist the economy is fundamentally strong and merely experiencing a few bumps on the road to post-pandemic recovery, Beijing is reportedly “planning major steps” to revive a deeply ailing financial system, possibly including billions in fresh infrastructure spending and looser rules for property investment.
Sales rose 4.1 percent to an annual rate of 683,000 in April, the Commerce Department reported Tuesday.
The gains in April were driven by single-family construction in the West and multifamily construction around the country.
California’s Task Force to Study and Develop Reparation Proposals for African Americans has recommended a massive program to address past housing discrimination, including the review of local real estate ordinances.
Measure ULA, a tax on high-end properties passed by Los Angeles voters in 2022, has flopped after just one month in operation, bringing sales of luxury homes to a halt while raising little money for affordable housing.
A project intended to provide an entire apartment building for “women-only” won’t be as free from Y-chromosomes as initially thought…
New home sales jump to 683,000, must higher than expected.
The latest evidence of an earlier than expected recovery for the housing market.
Climbing mortgages rates in March held back sales.
The nascent recovery in the U.S. housing market took a breather in March.
Sens. Tom Cotton (R-AR) and Katie Britt (R-AL) have introduced a plan that would ban Chinese nationals and Chinese companies from buying and owning real estate in the United States.