Tag: real estate
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Weekly mortgage demand drops as rates remain stuck in a narrow range
Mortgage rates barely moved last week and haven’t moved much in more than a month. That is resulting in lackluster mortgage demand.
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Far more real estate agents now report seeing a balanced market, CNBC Housing Market Survey finds
Agents who reported at least one price cut to active listings dropped dramatically from prior surveys.
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Manhattan luxury real estate sales hold firm despite fears of a ‘Mamdani effect’
A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.
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Brookfield wants to build AI data centers in London’s answer to Wall Street
Brookfield’s CEO said the firm is bringing data centers to London’s Canary Wharf, as demand for AI infrastructure in the U.K. soars.
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Demand for riskier mortgages drops, as their advantages shrink
The spread between the 30-year fixed rate mortgage and adjustable rate loans is narrowing, causing demand for ARMs to weaken.
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How JLL’s investment arm is betting big on industrial real estate
Allan Swaringen, CEO of JLL IPT, is “bullish” on industrial, as new opportunities continue to present themselves and returns are now better than in multifamily.
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Frasers Property plans to sell stakes in five properties to Thai conglomerate
The five assets, valued at S$1.1 billion, are spread across Singapore, Malaysia, the UK and Japan.
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Progressive Brad Lander’s surging bid for Congress splinters Democrats’ labor union alliance
Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt.
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Nearly 80% of data center capacity is at elevated risk to climate hazards like flooding and fire, study says
The vast majority of data centers globally face either acute risk from climate change events or chronic risk from ongoing climate issues like extreme heat.
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Property Play: The private space race is spurring a luxury hotel land grab for Florida oceanfront property
The rise of the private space industry, with companies like SpaceX and Blue Origin, has spurred demand for commercial real estate on Florida’s space coast.
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