Active listings rise to highest in over three years. By Wolf Richter for WOLF STREET. The national median price of existing single-family houses, condos, and co-ops whose sales closed in November dropped to $387,600, down by 6.3% from the […]
Undaunted by rapidly rising mortgage rates, many rich Americans haven’t given up on their poolside pads and high-end condos just yet. Luxury home prices climbed 9% to hit $1.1 million, the highest third-quarter level ever […]
Buoyed by low interest rates for the last decade, many property markets have seen substantial price growth since 2010. Experts warned that real estate bubbles—in which the price of assets moved up far beyond their intrinsic value—were […]
Starwood Capital Group’s Barry Sternlicht recently told Bloomberg’s David Rubenstein about the ongoing crisis in the commercial real estate sector, equating it to a severe “Category 5 hurricane“. He cautioned, “It’s sort of a blackout […]
Authored by Michael Maharrey via SchiffGold.com, In March, I warned that the commercial and investment real estate markets could be the next thing to break in this bubble economy. A recent article in the Wall […]
Real Estate Investors Put Premium On ESG Soaring electricity prices are giving businesses more reason to reduce their energy consumption, leading commercial real estate owners and investors to focus more on environmental, social and governance […]
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