The demolition left some other real estate experts scratching their heads as well. “It certainly sold for a lot more than what the land is worth,” said real estate appraiser Don Saba, who specializes in high–end properties. “Maybe double what the land …
Purchases of new U.S. homes plunged 13.4 percent in July, the most in more than three years, raising concern higher mortgage rates will slow the real–estate rebound. Mortgage applications have fallen in 15 of the last 18 weeks, reaching the lowest …
To some extent, real estate developers anticipated this trend, and started offering rental units in locations attracting young professionals to meet demand, often equipped with high–end amenities such as roof-top pools, gyms, brand-new kitchen …
With luxury home prices surging in Boston, the firm that is redeveloping the former Boston Herald site will include condominiums on the South End property, marking a shift in a real estate market that for several years has been dominated by rental unit …
It is also keen on property deals, and some of its long-time competitors, including two US firms, Carlyle and Blackstone, have snapped up property on the mainland recently – high–end commercial real estate in Shanghai, in the case of those two firms.
The sky is no longer falling and conversations around the water cooler are happening about higher property values, which builds consumer confidence,” said Austin Bivens, agent with ReMax Partners in Springdale. Median sales prices rose 3.2% in August …
The number of luxury property purchases in Mumbai's southern district, known locally as SoBo, accounted for only 10 percent of total real estate transactions in the last 12 months, according to the city's real estate agents. Sales of new high–end …
For nearly 15 years, it has been a luxury rental property, bringing the Houltons' grown daughters about $14,000 a month in recent years. And now it is a house for sale, with exceptional original detail, a manicured garden and an asking price of nearly …
Abe Lee's iProperties Hawaii has merged with Japanese retailer Shirokiya Inc. to form Shirokiya Residential Estates LLC, a company that targets Asian buyers looking to purchase high–end residential properties on Oahu, including luxury condominiums in …