Only 25 out of every 1,000 homes, or 2.5%, changed hands in the first eight months of 2024, the lowest turnover rate in the past 30 years, according to a new data report from Redfin (NASDAQ: RDFN). The new data analysis determined that existing home sales were similar...
China announced a shift in its housing policy to allow homeowners to refinance their mortgages. The Wall Street Journal reported the People’s Bank of China, the nation’s central bank, will allow borrowers to negotiate with lenders to refinance their home loans using...
The real estate investment trust Simon Property Group (NYSE: SPG) has rolled out a new marketing campaign to bring consumers back to its shopping malls. The campaign, dubbed “Meet Me @themall,” seeks to reach different generations by tapping into nostalgia...
Blackwell 3D Construction Corp. (OTC: BDCC), a 3D house printing technology company, has engaged Asas Capital, a boutique investment advisory firm, to arrange the financing for the company’s planned real estate ventures in Dubai. According to the company, the...
The financially frayed Steward Health Care announced that Ralph de la Torre will step down as CEO and chairman on Oct. 1. Reuters reported that a spokesperson for de la Torre confirmed that he “has amicably separated from Steward on mutually agreeable...