China Real Estate Brokers Face Slowdown After booming in recent years, China’s real estate market is finally beginning to feel the pinch from sagging demand and tighter controls. One of China’s biggest real estate agencies, Chuanghui Real Estate, has shuttered dozens of outlets in Shanghai and other cities, leaving behind angry customers and employees, following …
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U.S. slowdown may boost Canada’s real estate market
U.S. slowdown may boost Canada’s real estate market The prospect of a U.S. recession has some homeowners and prospective buyers nervous about the impact on the real estate market in Canada, but one economist says a slowdown could actually boost activity in Canada’s housing sector. It’s not surprising that economic uncertainty in the U.S. has …
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Spanish real estate agencies folding
Spanish real estate agencies folding Half of Spain’s real estate agencies have folded in the past year due to a slowdown in the once-booming building sector, an industry association says. Of 80,000 that operated at the beginning of 2007, only around 40,000 have survived and some 100,000 employees lost their jobs, according to the Superior …
American Apparel sees real estate opportunity
American Apparel sees real estate opportunity American Apparel Inc Chief Executive Dov Charney said on Wednesday he saw opportunity in retail real estate for the fast-growing company, given the struggles of many rivals amid the economic downturn. “There’s a lot of real estate out there now because a lot of retailers are struggling,” Charney said, …
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Real estate hurdles expected in 2008
Real estate hurdles expected in 2008 The meltdown of the U.S. real estate market has many homebuyers wondering if and how it will affect the housing market in Canada, but market analysts feel the problems the U.S. is experiencing should have little impact on real estate in this country. In fact Statistics Canada recently reported …
Central Valley has two of nation’s weakest real estate markets [California]
Central Valley has two of nation’s weakest real estate markets for 2008 [California] Two of the nation’s five weakest residential real estate markets this year are in the Central Valley, according to Veros Real Estate Solutions, a Santa Ana-based company that sells enterprise risk management and collateral valuation services. Home prices in the Modesto market …
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