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Zillow ranks Phoenix #1 across the nation for increased rent prices in July

Zillow ranks Phoenix #1 across the nation for increased rent prices in July

by Third Party | Aug 26, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: AZ Family —  When it comes to population, Phoenix might be the fifth-largest city in the nation, but one local real estate expert is saying that the apartment supply is just not meeting the apartment demand.  Eric Atencio works at Valley King Properties...
China Huarong gets state-led bailout after $21.7b loss

China Huarong gets state-led bailout after $21.7b loss

by Third Party | Aug 26, 2021 | Industry Updates, News/Current Events

Source: Straits Times  —  Government-backed investors will recapitalise China Huarong Asset Management after the bad-debt manager posted a record US$15.9 billion (S$21.7 billion) loss, ending months of speculation over whether Beijing would deem the troubled...
Singapore has bought almost $20 billion worth of Australian real estate in the last two years, eclipsing China

Singapore has bought almost $20 billion worth of Australian real estate in the last two years, eclipsing China

by Third Party | Aug 26, 2021 | Industry Updates, News/Current Events

Source: Business Insider —  Known colloquially as the Little Red Dot, Singapore is well and truly punching above its weight when it comes to Australian real estate. In the two years to July 2020, Singaporean investors bought up $19.3 billion worth of Australian...
The Weeknd Pays $70 Million for Extravagant Bel Air Mansion

The Weeknd Pays $70 Million for Extravagant Bel Air Mansion

by Third Party | Aug 26, 2021 | News/Current Events, Real Estate Agent Tools

Source: Hollywood Reporter —  Though it was never officially on the market, a lavish Los Angeles estate has sold for a whopping $70 million — one of the priciest California home sales of 2021 — to Abel Tesfaye, the Canadian music superstar better known as The...
Pre-Civil War Union Bridge farmstead closes at $2.2 million

Pre-Civil War Union Bridge farmstead closes at $2.2 million

by Third Party | Aug 26, 2021 | News/Current Events, Real Estate Agent Tools

Source: Frederick News-Post —  Listed at $1.249 million, the historic pre-Civil War farmstead at 11606 Handboard Road, Union Bridge, closed at $2.2 million. Shaded by mature trees, the five-bedroom, four bath brick main house dates back to 1821 with a “new” wing...
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