Tag #Real Estate

cnbc.com
🌐 75% Global Worthiness
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Four Major U.S. Cities Buck Trend, See Home Price Declines in 2024

In November 2024, four major U.S. cities—Austin, Tampa, San Antonio, and Fort Lauderdale—experienced home price declines ranging from -1.6% to -3.7%, contrasting with a national average increase of 5.4%, due to increased housing supply, slower migration, and high levels of unsold homes.

Progress

44% Bias Score

Sustainable Cities and Communities
kathimerini.gr
🌐 75% Global Worthiness
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Greek Government Weighs Intervention in Swiss Franc Loan Crisis

The Greek government is considering intervention in the issue of Swiss franc loans, impacting thousands of borrowers with €4.5 billion in debt, while facing constraints from Supreme Court rulings and concerns about financial stability.

Progress

28% Bias Score

Reduced Inequality
nbcnews.com
🌐 75% Global Worthiness
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Increased Housing Inventory, But High Percentage of Stale Listings Slows Market

November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 65% Global Worthiness
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Maine Home Values Surge: Coastal ZIP Codes Lead with 75%+ Growth

Maine's real estate market exploded between 2019 and 2024, with Cumberland Foreside (ZIP 04110) leading the way, its median home value soaring 75.8% to \$942,576, while other coastal and island areas also saw substantial increases.

Progress

32% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spain's Housing Crisis: High Prices, Low Supply, and the Need for Reform

Spain's housing market is experiencing a price bubble, driven by record-high rental costs and rising purchase prices, due to insufficient land and bureaucratic hurdles; solutions require increased public investment, private sector collaboration, and regulatory reforms.

Progress

44% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
🌐 75% Global Worthiness
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U.S. Pending Home Sales Surge 2.2% in November

U.S. pending home sales rose 2.2% in November to 79.0 on the NAR's Pending Home Sales Index, exceeding expectations and marking four months of gains due to increased inventory and adjusted buyer expectations of mortgage rates despite rates being above 6% for two years.

Progress

32% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 75% Global Worthiness
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Increased Housing Supply in November 2024, but Many Listings Remain Unsold

Despite a 12.1% increase in active home listings in November 2024 compared to November 2023—the highest since 2020—over half (54.5%) remained unsold for at least 60 days, indicating pricing or condition issues despite increased supply and higher pending sales.

Progress

40% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Aktor Raises €200 Million to Fund €2 Billion Investment Plan

Aktor Group is raising €200 million through a public share offering to fund a €2 billion investment plan, including acquisitions of real estate assets from Prodea (€180 million), renewable energy projects (1.3 GW capacity), and a 50.1% stake in ENTELECHEIA (€30 million).

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Germany's New Property Tax: Land Value, Not Buildings, Now Determines Cost

Germany's new property tax, effective January 1st, 2024, recalculates taxes based on land value, replacing outdated data, impacting owners and renters; Baden-Württemberg uses a modified Bodenwertmodell.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Wealthy Miami Realtor Brothers Accused of Serial Rape Seek Bail

Three prominent Miami real estate brothers, Tal, Oren, and Alon Alexander, face federal sex trafficking charges and are seeking bail, offering substantial financial collateral and relocation proposals despite facing life sentences; their defense highlights their family's long-standing community ties...

Progress

80% Bias Score

Gender Equality
theglobeandmail.com
🌐 75% Global Worthiness
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Canadian Home Sales Surge 26 Percent Amidst Lower Interest Rates

Fueled by five interest rate cuts and relaxed mortgage rules, Canadian home sales jumped 26 percent year-over-year in November, with economists predicting continued strong activity in 2025 despite affordability challenges; however, this boom is expected to subside in the first half of 2025.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Soaring Spanish Housing Prices Exceed Affordability Thresholds

Spanish housing prices rose 4.4% in 2024, exceeding affordability thresholds in numerous regions due to increased demand fueled by cheaper mortgages and insufficient new construction; new homes saw a 5.5% price jump.

Progress

28% Bias Score

No Poverty