Archive for CNBC.com
Tech IPOs Create Silicon Valley Real Estate Boom: Broker
The surge of tech IPOs are propping up a huge real estate market in Silicon Valley with social media giants bidding on multi-million dollar mansions. Early Facebook investor and Russian billionaire Yuri Milner recently purchased the most expensive …
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Foreclosure Activity Falls, But the Worst Isn’t Over Yet
Delays in foreclosure proceedings and a new push by big banks and servicers to find foreclosure alternatives is drawing a new, albeit still troubling picture of the nation’s real estate market. New notices of default, the first step toward foreclosure, …
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Foreigners Make Run on US Housing Market
| Buyers from overseas spent roughly $41 billion on US residential real estate last year, a bump up from the previous year. US real estate agents report a surge this Spring especially, as foreign buyers see continued pressure on home prices and ample … » |
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US Housing Collapse Is Now Worse Than Great Depression
When the location is waterfront, high-end real estate enters a whole new plane. Click on to see fifteen of the nation’s priciest communities that are still open to those with deep enough coffers. How businesses and consumers are dealing with the …
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And the REIT Winner Is — Storage?
| Hundreds of investors in real estate investment trusts are hunkered down at the Waldorf Astoria, touting tremendous returns and talking tactics for the next great play. It’s “REIT Week,” in New York, or for those of you less excited about it, … » |
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