Source:CBS News — Beijing — Two major Chinese property firms have defaulted on $1.6 billion worth of bonds to overseas creditors, Fitch Ratings agency said Thursday, as contagion spreads within the country’s debt-ridden real estate sector. China’s...
Source: AZ Big Media — In the past five years, the Metro Phoenix market median home price has nearly doubled. In Phoenix, the median home price is $405,000 compared with $215,000 five years ago, according to Redfin market data. From April to June, houses across...
Source: CBS News — Real estate has been challenging for many buyers this year, with home prices up sharply and inventory at record low levels. Some buyers may get a break in 2022, but it’s not likely to be in some of the nation’s smaller cities that...
Source: The Motley Fool — Industrial real estate has been a top performer among commercial real estate (CRE) investments over the past decade. For the past five years, industrial real estate investment trusts (REITs) have outperformed all other commercial REITs...
Source: Inman — In our 20-plus years of developing websites for agents, there’s one thing we know for sure: your site has to be just as hardworking as you. Yet many professionals have websites that are firmly stuck in the past: dated visuals, slow loading...
Hits and Misses for the Real Estate Week of April 27-May 1
