real estate news nyc

Is Charlotte bucking a real estate trend? What homes are selling for right now

As summer arrives, so does a report that the Charlotte real estate market started winding down by bucking a common seasonal trend. Home sales in the Charlotte area fell 7% from March to April, per the latest National Housing Report from RE/MAX. This was true despite sales typically increasing every month from February to June …

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Commercial real-estate prices could tumble 10% from their peak and defaults are sure to increase, Moody’s chief economist says

Mark Zandi, chief economist of Moody’s Analytics, speaks at the Reuters Real Estate and Infrastructure Summit in New York June 20, 2011. Zandi says the United States is “nowhere near” a housing market recovery, but he can still see a light at the end of the tunnel. REUTERS/Brendan McDermid Expect commercial real-estate prices to plunge …

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In Haifa, Israel sells Palestinian homes as luxury real estate | Israel-Palestine conflict News

Haifa, Israel – The city of Haifa sits like a cascading waterfall on the lush green slopes of the Carmel Mountains on the strikingly blue Mediterranean Sea. It is often portrayed by Israeli officials as well as Western and Israeli media as being a hip, modern city and a model of “coexistence” between Israelis and …

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Warren Buffett’s business partner warns of a credit crunch in commercial real estate

Warren Buffett (left) and Charlie Munger.JOHANNES EISELE/Getty Images Charlie Munger warned of a nationwide pullback in lending to the commercial real estate industry. Warren Buffett’s partner said investors face stiff competition and an interest-rate headwind. Munger took aim at money managers, comparing many of them to “fortune tellers or astrologers.” A credit crunch has gripped …

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