Source: Bloomberg — China’s banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nation’s property market and authorities struggle to contain deepening turmoil. A spiraling crisis of stalled projects has dented the...
Source: Port City Daily — WILMINGTON — A family-run real estate acquisition company found recent success in the Cape Fear market. Treeline announced its first signed lease at an industrial park it bought last month. Located on U.S. Highway 421, it joins...
Source: LA Times — Welcome back to the Real Estate newsletter. It’s been a relatively quiet summer on the luxury front, but this week, we finally saw the extremes that the Southern California market is capable of. First, we stopped by a dinner party in West...
Source: Marketwatch — The number of foreclosure starts — which is when the first public foreclosure notice happens — is up 219% since the start of the year, according to real estate data analytics firm ATTOM Data Solutions’ midyear 2022 U.S. foreclosure market...
Source: Review Journal — In more ways than one, Las Vegas’ housing market is getting doused with cold water. People are buying fewer homes, sellers are slashing their prices, and availability is soaring. Southern Nevada is far from alone in seeing its...