Author Archives: Ben Verde

China pledges $42M to aid struggling property sector

By Ben Verde | May 20, 2024 - 9:21 pm |May 20, 2024 Uncategorized

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The Chinese government has pledged support for state-owned entities that will allow them to buy unsold apartments. Continue reading →

10 cities where these experienced property investors won’t buy

By Ben Verde | May 20, 2024 - 7:54 pm |May 20, 2024 Uncategorized

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Investors Christian Gore and Itay Simchi shared 10 U.S. cities where they would never invest in real estate. Continue reading →

Sun Belt cities see fastest rent deflation amid building boom

By Ben Verde | May 17, 2024 - 5:53 pm |May 17, 2024 Uncategorized

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Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to Redfin. Continue reading →

Kushner project on site of NATO bombings in Serbia draws protests

By Ben Verde | May 17, 2024 - 4:25 pm |May 17, 2024 Uncategorized

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The Serbian government signed a deal with a Kushner-affiliated development company earlier this week that will allow them to redevelop the former headquarters of the Serbian army. Continue reading →

Investor purchases increased for the first time in 2 years during Q1

By Ben Verde | May 16, 2024 - 4:47 pm |May 16, 2024 Uncategorized

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Real estate investors bought roughly 44,000 homes during the first quarter of 2024, a 0.5 percent uptick from a year ago. Continue reading →

While banks pull out, investment funds double down on real estate

By Ben Verde | May 15, 2024 - 4:43 pm |May 15, 2024 Uncategorized

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Multiple funds told Reuters they planned to increase their credit exposure to property as banks back off from commercial real estate. Continue reading →

NAR seeks innovative real estate startups for 6th annual Pitch Battle

By Ben Verde | May 14, 2024 - 3:54 pm |May 14, 2024 Uncategorized

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NAR announced the annual competition on Monday with an appeal for applications from startups seeking an opportunity to pitch themselves to investors, real estate pros and tech enthusiasts. Continue reading →

Demand for vacation homes plummeted in 2023

By Ben Verde | May 13, 2024 - 4:35 pm |May 13, 2024 Uncategorized

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United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022. Continue reading →

Multifamily developer sentiment slips during Q1

By Ben Verde | May 10, 2024 - 8:19 pm |May 10, 2024 Uncategorized

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According to NAHB, multifamily developers are feeling less confident in the market for new builds as high interest rates lead to difficult lending conditions. Continue reading →

Grant Cardone makes return to television with ‘Real Estate King’

By Ben Verde | May 10, 2024 - 5:01 pm |May 10, 2024 Uncategorized

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The new series will follow Cardone as he evaluates real estate projects and decides whether or not to invest in them. Continue reading →