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Gilbane, Inc. Chairman & CEO Thomas F. Gilbane, Jr. to Receive National Academy of Construction’s Ted C. Kennedy Award
The National Academy of Construction has selected Thomas F. Gilbane, Jr., as the 2023 recipient of NAC’s Ted C. Kennedy Award, the Academy’s highest honor. He will receive the award and the accompanying medal at the NAC Annual Meeting on October 12 in Boston, MA....
Does Better Than Expected Homebuilder Sentiment Mean The Real Estate Market Could Be Turning?
Source: Forbes --- Key Takeaways February’s housing report marks the first month-over-month increase in homebuilder sentiment since late 2021 After hitting a high of 7.37% in October 2022, mortgage rates are making their way back down to a more reasonable range,...
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A profitable tax loophole for real estate could be axed in Manchin’s new deal to ease inflation
Source: Business Insider --- A surprise spending deal by Democrats might lead to heftier tax bills for some ultra-wealthy real estate investors. On Wednesday night, key centrist Democrat Senator Joe Manchin released a statement that reverberated throughout the halls...
Putting the real estate market into perspective
Source: Toronto Sun --- In so many ways, we rely on the media to provide us with information about housing markets in this hectic world. Readers and viewers, however, should look at the big picture and put news in perspective. We hear a lot about rising interest rates...
Why is there a real estate crisis unfolding in China?
Source: Marketplace --- China’s real estate sector has a debt problem. Large property developers like the embattled company Evergrande have racked up massive amounts of debt, leading to construction stoppages and lots of angry homebuyers. Amid the turmoil, buyers...
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