Valuations and Appraisals – The Difference It is important to realize that a valuation of a property is not always the same as an appraisal for sale. This will also usually not be the same as a mortgage valuation or a valuation for other purposes such as a divorce settlement or probate valuation. An estate …
(Bloomberg) — Office real estate investments trusts are trading at their lowest level since 2009 as the trend toward remote work leaves desks empty and economic pressures tighten corporate budgets. The S&P Composite 1500 Office REITs index is down 27% in 2023, plunging to its worst reading since July 22, 2009. Office landlords memorably just …
Office Real Estate Looks Dicey With REITs Plunging to a 2009 Low Read More »
There’s reportedly been a bit of a family feud over who lives where… (Picture: Rex/Getty) Prince Andrew is refusing to leave his 30-room mansion to make room for Prince Wales in a new row with the king, it’s been reported. Andrew could struggle to afford the running costs of Royal Lodge in Windsor if his …
Prince Andrew ‘refusing’ to leave Royal Lodge in row with King Charles | UK News Read More »
By Melanie Irwin May 10, 2023 6:52am A spring rebound is taking shape in the local real estate market as the temperature climbs. Sarnia-Lambton Association of Realtors President Rob Longo said homes sold, on average, in 20 days last month. “It has been taking a little bit longer for us to sell homes, obviously that’s …
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Open this photo in gallery: An aerial view of housing is shown in Calgary in 2013. New listings in the city fell nearly 32 per cent since last April to 3,133.Jonathan Hayward/The Canadian Press The Calgary Real Estate Board says the city set a new April record last month as the benchmark price of a …
Calgary sets new April record as benchmark price hits $550,800: real estate board Read More »
Why It Matters: Office buildings tell the story of New York City’s economy. Before the pandemic, office buildings drove a significant share of the city’s economy. More than 1.5 million employees worked out of New York City offices, often commuting into the city from the boroughs outside Manhattan, New Jersey and Connecticut, and spent money …
What Record Office Vacancies Mean for New York City’s Economy Read More »
On Netflix’s (NFLX) popular reality series “Selling Sunset,” star real estate broker Jason Oppenheim leads a team of glamorous agents as they sell homes to Los Angeles’ elite. But amid rising interest rates, elite consumers and otherwise are finding themselves reluctant to buy (and sell) homes. Recently, the National Association of Realtors reported that existing …
Jason Oppenheim’s advice for the current real estate market Read More »
