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Real Estate Agents Lower Sales Outlook as Canadian Housing Market Slows
July 17, 2023
Mark Paul Cervantes
Housing, International, Top News
Comments Off on Real Estate Agents Lower Sales Outlook as Canadian Housing Market Slows
The Canadian Real Estate Association has lowered its forecast for home sales in Canada due to limited inventory and recent interest rate hikes by the Bank of Canada.– Sales in 2023 are now expected to […]
Potential ‘time bomb’ for US economy looms as $1.5 trillion in real estate mortgages will come due within the next two years
June 6, 2023
Mark Paul Cervantes
Economy, Top News, U.S Real Estate News, U.S. Market
Comments Off on Potential ‘time bomb’ for US economy looms as $1.5 trillion in real estate mortgages will come due within the next two years
Some $1.5 trillion in mortgages will come due in the next two years – paving the way for a financial crisis as higher interest rates push down property values As this event looms, big banks such […]
Westbrook’s value-add real estate fund reaches $700m of commitments
May 3, 2023
Mark Paul Cervantes
Top News, U.S Real Estate News, U.S. Housing Market
Comments Off on Westbrook’s value-add real estate fund reaches $700m of commitments
Westbrook Partners has received capital commitments worth $700m (€638.2m) for its latest value-add real estate fund, according to a potential investor’s meeting document. Mississippi Public Employees Retirement System disclosed in its meeting document that it […]