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  • Real Estate News

    Commercial real estate faces $13.5 billion in flood damage in 2022: Report

    December 13, 2021 /

    A satellite image shows TD Bank Ballpark submerged in flood, after Hurricane Ida swept through the Bridgewater Township in New Jersey, September 2, 2021. Maxar Technologies | Handout via Reuters The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study says. Approximately 730,000 retail, office and multi-unit residential properties face an annualized risk of flood damage in the United States. The structural damage from flooding is projected to cost $13.5 billion in 2022, increasing to over $16.9 billion by 2052, according to the First Street Foundation, a nonprofit research and technology group, and global…

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    Jerry Schmidt Comments Off on Commercial real estate faces $13.5 billion in flood damage in 2022: Report

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    10 cities where home prices are being slashed as housing market cools

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    July 29, 2022

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    February 11, 2022
  • Luxury Real Estate

    Real-estate brokers brace for ‘flood’ of wealthy buyers from overseas

    November 13, 2021 /

    Wealthy true-estate potential buyers from overseas are envisioned to descend on the nation’s luxury housing markets Monday, offering a next enhance to desire for substantial-priced residences and mansions. The U.S. will carry the travel ban on about 33 countries for vaccinated readers, easing limitations that prevented most international authentic-estate potential buyers from entering the nation to check out and purchase properties. Buyers from Europe, China, Brazil, and India will now be ready to enter the U.S. for the to start with time in 20 months. Brokers in cities well-known with the abroad wealthy — New York, Miami, Los Angeles — say they have a very long record of showings scheduled…

    read more
    Jerry Schmidt Comments Off on Real-estate brokers brace for ‘flood’ of wealthy buyers from overseas

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    Manhattan Luxury Real Estate Deals Boomed in January

    February 10, 2022
    Sherman Oaks Luxury 5-Bed 6-Bath Home With Pool | Real Estate Listing Announced

    Sherman Oaks Luxury 5-Bed 6-Bath Home With Pool | Real Estate Listing Announced

    August 13, 2022
    Luxury Property Sale: Share of luxury property in total sale jumps to 12{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q1 2022: Report

    Luxury Property Sale: Share of luxury property in total sale jumps to 12{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q1 2022: Report

    April 24, 2022

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