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Can An Accountant Improve Cash Flow In Commercial Real Estate? You Bet Your Asset They Can
Source: Forbes --- You learn two things very quickly when you join a commercial real estate organization as an accountant. One, the glory belongs to the deal-makers. Two, nobody but another accountant cares about your elegant GAAP accounting skills. The driving...
Poor neighborhoods are hotter than rich ones — especially during heat waves
Source: CNBC --- Poorer neighborhoods are hotter than wealthier ones. That’s the overriding finding from the New York City component of a national project to map urban heat islands. Scientists have long known that urban areas generate heat, but until now they’ve not...
Supportive Housing Can and Should Honor Human Value
Source: Metropolis Mag --- In the face of a global pandemic, widening wealth inequality, inadequate housing supply, and systemic racism, urban communities are increasingly struggling to find impactful solutions to addressing homelessness. Even with the best of...
It’s no Hogwarts, but this Harry Potter actor’s real estate portfolio might be just as grand
Source: WRIC --- (STACKER) — Famous actors seem to have it all—looks, wealth, talent, and prime real estate in beautiful locations around the world. Their homes feature every amenity and luxury. For some actors, though, real estate is about more than an enviable...
Two Reasons Why Waiting To Buy a Home Will Cost You
Source: Keeping Current Matters --- If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase...
Will we start 2022 with all-time lows in housing inventory?
Source: Housing Wire --- My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6.2 million, we could be at risk of housing inventory falling to such low levels that I would have to...
Australia’s Luxury Real Estate Market Expected To See Influx Of International Buyers In 2022
Source: Forbes --- While border closures resulting from COVID have slowed Australian property sales to international buyers, experts predict that the luxury market may perk up in 2022 as travel restrictions relax and ex-pats return to the country. "Travelers from New...
Home price growth is finally decelerating—and it’s just the start
Source: Fortune --- Exhausted. Frustrated. Stretched. Those are all reasonable emotions for home shoppers to be feeling right now. After all, home prices rose faster this year than any period in tabulated U.S. history: Between August 2020 and August 2021, U.S. home...
‘TikTok changed my life.’ Real estate estate agents find huge success on the app
Source: CNN --- New York (CNN)In the midst of a global pandemic, the real estate market has been on fire. Demand for homes has soared, pushing prices up to record levels. Competition is so intense that homes are selling in record time, with multiple bids and all-cash...
Evergrande defaults on $1.2B in foreign bonds, Fitch says, as China intervenes in debt-ridden real estate sector
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 government sparked...
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