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How China’s property bubble burst

How China’s property bubble burst

China's top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China's property market have much deeper roots.Desperate property developers in China have resorted to gifts like new cars, free parking spaces, phones...

Smith & Henzy Pick Deerfield Apts, to Renovate – Connect CRE

Smith & Henzy Pick Deerfield Apts, to Renovate – Connect CRE

A Deerfield Beach affordable townhouse development recently sold for $22.4 million. Smith & Henzy Affordable Group bought the property and will spend $3 million on renovating the 56 units. The land where The Palms of Deerfield was built is owned by the Housing...

China’s real estate reckoning

China’s real estate reckoning

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSquawk BoxCNBC's Eunice Yoon joins 'Squawk Box' from Beijing with a look at China's real estate sector.03:38Wed, Feb 28 20248:03 AM ESTEunice Yoon Source...

The hottest housing markets for the super rich in 2024

The hottest housing markets for the super rich in 2024

The Port of Fontvieille Harbor in the Principality of Monaco.Education Images | Universal Images Group | Getty ImagesThe ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study.One-quarter...

7% interest rates hit weekly mortgage demand hard

7% interest rates hit weekly mortgage demand hard

Thianchai Sitthikongsak | Moment | Getty ImagesHigher mortgage rates continue to hit demand from both current homeowners and potential homebuyers.Total mortgage application volume dropped 5.6% last week from the previous week, according to the Mortgage Bankers...

China’s Country Garden gets liquidation petition from creditor

China’s Country Garden gets liquidation petition from creditor

Aerial photo shows a Country Garden residential area in Nanjing, East China's Jiangsu province, Feb 5, 2024. Future Publishing via Getty ImagesFuture Publishing | Future Publishing | Getty ImagesChina's Country Garden Holdings said Wednesday it received a liquidation...