US is short nearly 4M new homes: report
The U.S. is short 3.8 million new homes The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four…
Tag: Cross Post
Northern Virginia’s housing market is still feeling the “Amazon effect”
Crystal City, Virginia and Amazon CEO Jeff Bezos (Credit: iStock, Getty Images) The housing market in northern Virginia took off as soon as Amazon announced it would be bringing half…
This European city has the world’s fastest rising home price
Budapest (Credit: Pixabay) In the elegant Hungarian capital of Budapest, it’s good news for home sellers and not so good news for buyers. No other city in the world saw…
Opportunity Zone investigation won’t derail developer investment, experts say
Treasury Department watchdog is investigating the Opportunity Zone program (Credit: iStock) The Treasury Department’s investigation into the Opportunity Zones program will weed out the bad apples but won’t derail the…
Harbor Group’s 13K-unit apartment purchase is one of largest ever
Harbor Group International’s CEO Jordan Slone and Phoenix, Arizona (Credit: iStock) Two years ago, Harbor Group International acquired a 9,600-unit apartment portfolio, paying $1.8 billion for properties across the East…
CORE becomes latest NY resi brokerage to expand into South Florida
Shaun Osher, CORE CEO (Credit: Getty Images and iStock) Boutique residential brokerage CORE is heading to the beaches of South Florida, where competition continues to grow fiercer. The brokerage, which…
NBC spends $750K to transform arena in New Jersey swamp
Meadowlands Arena (Credit: Google Maps and iStock) Of all of the creative adaptive reuse projects that have sprung up across the country over the last several years, the most creative…
Real estate created the Chinese elite. Here’s what happens next
(Credit: iStock) Real estate seems the best way to amass a fortune in China, according to the country’s elite. A UBS Group AG survey of 76 wealthy families found that…
London megamansion sale bests NYC’s $238M condo record
Cheung Chung-kiu and 2-8a Rutland Gate in London (Credit: Wikipedia, iStock) In the competition between the U.S. and the U.K. for the priciest home sale, the British may soon have…
WeWork lease-signings sink in New York and London
WeWork co-CEOs Sebastian Gunningham and Artie Minson (Credit: Getty Images, iStock, Twitter) WeWork appears to be pulling back in two major markets after a chaotic close to the year. The…