real estate

China’s Economy Slowed Late Last Year on Real Estate Troubles

BEIJING — Construction and property sales have slumped. Small businesses have shut because of rising costs and weak sales. Debt-laden local governments are cutting the pay of civil servants. China’s economy slowed markedly in the final months of last year as government measures to limit real estate speculation hurt other sectors as well. Lockdowns and …

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Bank of Canada real estate study shows investors increasing share of market

B.C. saw a record number of new homes registered for construction in 2021, but data from the Bank of Canada suggests a significant share of them are likely to be purchased by investors. The Bank of Canada study looked at mortgage and credit bureau data to determine the percentage of homes in the …

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Naples’ Real Estate Market continues to boom but for how long?

According to the Naples Area Board of Realtors (NABOR), as of the end of November 2021, compared to November 2020, the median sales price in Naples had climbed 31% while inventory dropped 76%. Adam Vellano, a Naples Sales Manager at Compass Florida states in the November 2021 NABOR report, “Year over year business growth like …

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Arlington Real Estate Property Values See Modest Increase for 2022 – Official Website of Arlington County Virginia Government

Published on January 14, 2022 Arlington’s overall property tax base grew modestly from 2021 due to continued residential growth, while commercial values were relatively flat. Measured growth in residential property values buoyed the tax base, but the County continues to face challenges in balancing the FY 2023 budget due to the lingering effects of the …

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Owners of burned Bronx building held billions in real estate, reaped housing subsidies

When a trio of sophisticated investment firms purchased the 19-story Bronx tower two years ago, executives said they were committed to protecting the apartments “for the families that need them.” Like other investors pouring money into purchases of affordable apartments, the firms are expert in acquiring properties using government incentives and, collectively, they hold assets …

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Her old church is now condos and she’s the real estate agent

BUFFALO, NY (WKBW-TV) — If it looks like a church on the outside, it’s because it used to be the Bethlehem Presbyterian Church. Inside it has been transformed into condominium units called The 1909 Cornerstone Lofts. Melissa Tropp is selling the condos for Hunt Real Estate-The Blake Team. She also used to be a member …

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