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  • This real estate developer is happy that new home construction is falling
    Real Estate News

    This real estate developer is happy that new home construction is falling

    March 8, 2023 /

    A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  Recent headlines point to a slumping US housing market — as mortgage rates average near 7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, an increasing number of potential homebuyers are finding it difficult to finance homes. Mortgage applications fell in late February to a 28-year low, according to the Mortgage Bankers Association. But some of the country’s largest homebuilders are undeterred. David O’Reilly, CEO of the real estate developer Howard Hughes Corp., told CNN that he’s…

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    Jerry Schmidt Comments Off on This real estate developer is happy that new home construction is falling

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    PICTURED: Foul-mouthed real estate agent arrested for SPITTING ON AND PUNCHING 80-year-old passenger

    December 29, 2021
    2022 marked the end of cheap mortgages and now the housing market has turned icy cold : NPR

    2022 marked the end of cheap mortgages and now the housing market has turned icy cold : NPR

    December 27, 2022
    How to Negotiate Your Rent (Which Is Probably Going Up)

    How to Negotiate Your Rent (Which Is Probably Going Up)

    March 7, 2022
  • A developer plans luxury homes on a beloved Main Line property. But locals are pushing to ‘Save Rock Hill Farm.’
    Luxury Real Estate

    A developer plans luxury homes on a beloved Main Line property. But locals are pushing to ‘Save Rock Hill Farm.’

    August 12, 2022 /

    The rolling hills, lush meadows, and verdant woodlands at Rock Hill Farm in Willistown offer you glimpses of the earlier. They are also the concentration of a struggle about the potential — not only of Willistown and Chester County, but of after-rural, suburbanizing communities in other collar counties of Philadelphia, the place bucolic vistas prolonged treasured by locals are supplying way to McMansions and Wawas. “These significant tracts of undeveloped land, these heritage landscapes? After they’re absent, they are gone,” mentioned Pennsylvania Point out Sen. Carolyn T. Comitta, a Chester County Democrat. Prolonged owned by a conservation-minded nearby household, Rock Hill Farm was acquired for $25.4 million previous December by…

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    Jerry Schmidt Comments Off on A developer plans luxury homes on a beloved Main Line property. But locals are pushing to ‘Save Rock Hill Farm.’

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    APT212’s Olivia Gourley, Specializing in Manhattan’s Ultra-Luxury Real Estate Segment, is Helping High-Net-Worth Clients Find Homes That Complement Their Lifestyles

    APT212’s Olivia Gourley, Specializing in Manhattan’s Ultra-Luxury Real Estate Segment, is Helping High-Net-Worth Clients Find Homes That Complement Their Lifestyles

    February 16, 2022

    Real estate magnate, Sujimoto births Banana Island’s tallest residential building – Nairametrics

    October 2, 2021
    HFZ Capital and the Ugliest Divorce in Manhattan Real Estate

    HFZ Capital and the Ugliest Divorce in Manhattan Real Estate

    May 29, 2022
  • Developer seeks $3.8M in damages, says bank violated agreement for Pa. property
    Investment Property

    Developer seeks $3.8M in damages, says bank violated agreement for Pa. property

    April 18, 2022 /

    WILLIAMSPORT-A Lycoming County firm that specializes in the development of serious estate for the restaurant marketplace is in search of far more than $3.8 million in damages professing a lender violated a ideal-of-first-provide settlement with a State College region house. Pennsylvania Expenditure Qualities II (PIP II) in a criticism submitted Friday in U.S. Middle District Court accuses Truist bank of selling the property in the 2500 block of East University Avenue without having giving it the required chance to buy it. PIP II, dependent in Williamsport, statements it paid out BB&T (predecessor to Truist) an supplemental $50,000 for the arrangement when it ordered the adjacent house for $500,000 in 2016.…

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    Jerry Schmidt Comments Off on Developer seeks $3.8M in damages, says bank violated agreement for Pa. property

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    What to know about investing in rental properties, REITs

    What to know about investing in rental properties, REITs

    February 20, 2023
    Using A VA Loan For Your Investment Property

    Using A VA Loan For Your Investment Property

    August 17, 2022

    Investment Property Depreciation Explained | Canstar

    October 2, 2021
  • Indiana Real Estate Developer and Property Manager Admits Ponzi Scheme to Defraud Investors of Millions of Dollars | USAO-NJ
    Investment Property

    Indiana Real Estate Developer and Property Manager Admits Ponzi Scheme to Defraud Investors of Millions of Dollars | USAO-NJ

    March 2, 2022 /

    NEWARK, N.J. – A assets developer and supervisor from Indiana today admitted his part in a scheme to defraud authentic estate traders, U.S. Legal professional Philip R. Sellinger declared. Herbert Whalen, aka “Bert Whalen,” 47, of Indianapolis, Indiana, pleaded guilty by videoconference in advance of U.S. District Choose Madeline Cox Arleo to the first depend in an indictment, charging him with conspiracy to dedicate wire fraud “The defendant preyed on harmless victims’ need to enhance their individual financial position as a result of what they thought were seem investments,” U.S. Attorney Sellinger stated.  “Working with our partners at the FBI, we had been equipped to find his illegal activity and…

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    Jerry Schmidt Comments Off on Indiana Real Estate Developer and Property Manager Admits Ponzi Scheme to Defraud Investors of Millions of Dollars | USAO-NJ

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    Investment Property Opportunity Listed By Shannon Sudderth With The SMS Realty Group

    Investment Property Opportunity Listed By Shannon Sudderth With The SMS Realty Group

    January 21, 2023
    Developer seeks $3.8M in damages, says bank violated agreement for Pa. property

    Developer seeks $3.8M in damages, says bank violated agreement for Pa. property

    April 18, 2022

    Should You Buy Investment Property Now, or Wait for a Crash?

    November 9, 2021
  • Real Estate News

    China’s Shimao Group, another big Chinese real estate developer, might need to sell off property

    January 11, 2022 /

    This week, two main credit history ranking businesses downgraded Shanghai-based developer Shimao Group even more into junk territory. The enterprise has been grappling with mounting personal debt and is contemplating providing some qualities to lessen its credit card debt load. “Shimao’s liquidity has significantly deteriorated — the decline is worse than we formerly expected,” claimed S&P World Rankings, which lower the firm’s credit score ranking to B-. Just two months back, S&P was continue to score Shimao as expenditure quality. “We now evaluate the company’s liquidity to be weak.” Moody’s on Monday slash Shimao’s ranking to B2 citing “elevated” liquidity threats, a substantial amount of financial debt owing in the…

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    Jerry Schmidt Comments Off on China’s Shimao Group, another big Chinese real estate developer, might need to sell off property

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    Ottawa real estate: A return to a more balanced market

    Ottawa real estate: A return to a more balanced market

    May 11, 2022
    What is happening in this housing market?

    What is happening in this housing market?

    April 8, 2022
    US real estate market in ‘big trouble,’ expert warns

    US real estate market in ‘big trouble,’ expert warns

    January 14, 2023
  • Real Estate News

    Trading of Chinese property developer Kaisa shares halted in Hong Kong

    December 8, 2021 /

    Trading in shares of Chinese real estate developer Kaisa was halted Wednesday for the second time in two months, as troubles in China’s property sector resurfaced this week. The developer had been snowed under by debt issues, as it struggled to make repayments recently.  It looked unlikely that it met its $400 million offshore debt deadline on Tuesday, according to Reuters. Kaisa halted trading in early November for nearly three weeks, following news that it had missed a payment on a wealth management product. There was no immediate reason given for the latest trading halt. Kaisa had said in late November that it would restructure offshore debt payments due in…

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    Jerry Schmidt Comments Off on Trading of Chinese property developer Kaisa shares halted in Hong Kong

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    Stop Foreclosure - Sell Your Home in Days

    Stop Foreclosure: Sell Your Home in Days

    March 14, 2025
    Home listings suddenly spike as sellers worry they’ll miss out on red hot market

    Home listings suddenly spike as sellers worry they’ll miss out on red hot market

    May 27, 2022
    Home buyers are backing out of contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas

    Home buyers are backing out of contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas

    September 27, 2022
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