Real Estate

Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to
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Each year brings new real estate undertakings that prove transformative not only for those who will inhabit them, but for the metropolitan enclaves surrounding them. These projects may be residential or commercial or – with increasing likelihood — mixed-use. They might be transit-oriented developments, adaptive reuse efforts or mega-projects that deliver diversity and improved opportunity
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In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong.   The retail market in particular will reap the “best benefit,” Hannah Jeong, Colliers’ head of valuation and advisory services, told CNBC’s “Squawk Box Asia” on
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If Las Vegas is America’s playground, then nearby Henderson could be considered America’s home building playground. The Nevada community is frequently the site of the National Association of Home Builders annual New American Home–a demonstration residence for showing off the latest and greatest technologies, materials and features. Over the years the desert city has become
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Minerva Studio | Istock | Getty Images Some expenses that go with homeownership can often be unpredictable — and costly. Last year, homeowners spent an average of $6,000 on maintenance and repairs, according to a recent report from insurance firm Hippo. A separate study from home services website Angi that measured similar 2022 costs shows
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Home prices go up and down according to supply and demand. Very simple. But because homes aren’t commodities like wheat and corn it’s much harder to predict how much supply and demand there actually is. I’ve been following home prices for 40 years but the sharp rise during the pandemic caught me by surprise. None
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