Category: Real Estate

Pending sales up slightly with supply still tight

CNBC's Diana Olick reports the latest read on pending home sales with the rise of rates. Source link

MGM China delays opening of $3.4 billion Cotai casino resort for fourth time

MGM China Holdings, one of Macau’s six major casino operators, has delayed for a fourth time the opening of its much anticipated $3.4 billion new resort, MGM...

Government shutdown would create roadblocks in the housing market

While lenders use government guidelines for mortgage approvals, the decision ultimately belongs to the lenders. That’s not the problem. As anyone who has applied...

Donald Trump’s properties reveal ‘unprecedented conflicts of interest,’ warns Public Citizen report

The arrangements represented “unprecedented conflicts of interest” because Trump oversees the federal government and has not divested from properties he owns...

Why this homeowner will accept bitcoin for his $45 million mansion

Dr. Wei Tzuoh Chen is putting his 9,000-square-foot beachfront Malibu home on the market for $45 million. It is a stunning masterpiece, designed by architect Ed Niles,...

Companies now view real estate as motivational for workers: JLL

Neil Murray, EMEA CEO of corporate solutions at JLL, speaks about trends in the modern work place. Source link

Last-minute rush to prepay taxes gives way to confusion and anger

In Hempstead, a Long Island town where the typical property tax bill tops $10,000, residents have lined up all week to prepay those taxes for next year. They have been...

US home prices surged 6.2% from a year ago

Prices are rising at more than double the pace of wage growth, the Associated Press writes. Source link

Billionaire real estate developer on tax bill impact

Don Peebles, The Peebles Corporation, discusses the tax bill impacting property in high-tax states like New York, New Jersey, and Connecticut. Source link

More housing markets are overvalued, and consumers feel the pain

Fannie Mae’s chief economist, Doug Duncan, attributed this decline to seasonality. “The modest decrease in October’s Home Purchase Sentiment Index is...