The United States is a runner up to Thailand as the most popular country for Chinese international real estate investments, according to an internal report from Juwai IQI Holdings that provides one of the largest international property platforms in Asia. Based in Kuala Lumpur, Malaysia, Juwai IQI is the technology group for Juwai.com, offering some…
Thailand Edges out US as Most Popular Destination for Chinese Real Estate Buyers
How to Help Detect Real Estate Fraud
Dear Monty: I rented out my house to a couple I thought were married. A year later, they decided to buy a home. The woman contacted me by phone with the news that they were not married, and the loan she applied for stated she had to be living alone. She then said they were…
Nearly 1 in 5 American Homes Bought by Investors in Last Quarter Sales
November 16, 2021
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Business & EconomyBusinesses in COVID-19Economieseconomyhome ownershiphome pricesinflationInvestmentMarketsmortgagereal estaterentUS
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Almost 1 in every 5 American homes sold in the third quarter of this year was bought by an investor entity rather than an individual looking to live in or rent out the home, according to data from Redfin, a brokerage. Investors snatched up more than 90,000 houses totaling more than $63 billion, representing 18…
Investors Bought Nearly 1 in 5 American Homes Sold in 3rd Quarter
November 16, 2021
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Business & EconomyBusinesses in COVID-19Economieseconomyhome ownershiphome pricesinflationInvestmentMarketsmortgagereal estaterentUS
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Almost one in every five U.S. homes sold in the third quarter of 2021 was purchased by an investor entity, rather than an individual looking to live in or rent out the residence, according to data from Redfin, a real estate brokerage. Investors bought more than 90,000 houses totaling more than $63 billion, representing 18…
Charleston Charm: Colonial Revival Showplace ‘C. Bissell Jenkins House’ for Sale
One of Charleston peninsula’s grandest properties, the C. Bissell Jenkins House on Murray Boulevard, is available for purchase. Built in 1913, the house was the first home located along the new thoroughfare near the Ashley River. Designed by Walker and Burden architects, the mansion is a perfect example of the Charleston Colonial Revival style that…
Owning Home Elusive as Rise in Cost of Mortgage Payments Far Outpace Wage Growth
November 12, 2021
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AnalysisBusiness & Economyeconomic policiesEconomieseconomyinflationInvestmentMarketsmortgageOpinionreal estateUS
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News Analysis For Americans seeking to buy a home, this year has likely brought much frustration. A nexus of several natural and man-made factors culminated in the tightest residential real estate markets in recent memory. While median wages increased by 4.3 percent October-to-October this year vs last, typical mortgage payment (30-year fixed rate with 10…
China Real Estate Crisis Could Mean Trouble for US Markets
November 12, 2021
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Business & EconomyChinaChina Business & EconomyEconomiesevergrandeInvestmentreal estateUS Real Estate
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News Analysis As China’s real estate crisis continues to grow, the impact on U.S. real estate is starting to take shape. Much of the impact appears likely to be felt in California and New York, where Chinese investors own many large commercial buildings, and are the main backers of several high-profile development projects. Evergrande Group’s…
Evergrande Dodges Default Again; Property Sector Debt Concerns Linger
SINGAPORE/HONG KONG—Cash-strapped developer China Evergrande Group once again averted a destabilizing default with a last minute bond payment but the reprieve did little to alleviate strains in the country’s wider property sector. Customers of international clearing firm Clearstream received overdue interest payments on three dollar bonds issued by Evergrande, a Clearstream spokesperson said on Thursday….
China Property Bonds Dive, Fears of Ripple Effect
China’s real estate sector takes another hit. But this time, it isn’t Evergrande. Developer Kaisa is now making a desperate plea for help. Risk or opportunity? Investment bank Goldman Sachs is weighing those options—and buying up Chinese real estate debt. The United States is working to block American investments from funding China’s military. A ban…
LA County Has Some of the Country’s Hottest Real Estate Markets
November 9, 2021
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CaliforniaCrime and IncidentshousingLocal NewsLos Angelesreal estateRegional NewsRegional-Local NewsSouthern CaliforniaUS
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LOS ANGELES (CNS) – When it comes to the hottest real estate markets in the country, Los Angeles is at the top of the list. Los Angeles County features 21 ZIP codes in the national top 100 for most expensive ZIP codes according to a report from PropertyShark released Nov. 9. The report considered all…
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