Real Estate

In this article 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande‘s contracted sales plunged last year as the real estate giant struggled to repay creditors. A filing Tuesday showed the company’s contracted sales of properties totaled 443.02

From San Diego to Santa Barbara, 2021 was a record-breaking year for luxury real estate setting the stage for 2022. Sales activity reached historic levels in 2021 as did prices throughout Southern California. Here’s a look at what’s ahead in some of the hottest local luxury markets. Greater San Diego Andy Nelson, president of Willis

A person walks past a coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021. Qilai Shen | Bloomberg | Getty Images China’s economy appears to be bouncing from a “mini-downturn” into an upswing as the country eases policy, according to investment bank Morgan Stanley. The Asian giant had tightened its

Depending on your vantage, 2021 was either one of the strongest or one of the most challenging housing markets in a generation. Across a range of government and private measures, house prices have posted their largest year-over-year increases, rising to record-shattering highs. In nominal terms, prices have catapulted past their 2006 peak, and are 10%

It’s a Wonderful Life is a great movie but what the heck is a ‘Building and Loan’?  At the beginning of the movie, during the 1920s, Building & Loans were huge. But by the end of the movie, right after World War 2, in real life, most Building & Loans had already gone out of

Chinese stocks currently look “very, very attractive,” but are unlikely to see a quick turnaround in the next few months, according to UBS Global Wealth Management’s Kelvin Tay. “I think China is cheap. If you look at the performance of China this year, on a relative basis, it has actually underperformed by about 40% against

2021 was an interesting year for interior design. We saw lots of new interior design trends including more traditional looks, fluting, and wallpaper everywhere. But many of the styles that were popular in 2021 won’t stay that way for long. 2022 will be an interesting year for interior design as we collectively try to get

In this article OSTK Attorney Sidney Powell looks at attorney L. Lin Wood as he speaks during a press conference on election results in Alpharetta, Georgia, December 2, 2020. Elijah Nouvelage | Reuters A lawyer allied with former President Donald Trump hosted numerous conspiracy theorists looking to overturn the results of the 2020 election at

Nearly two years into the pandemic, we are still spending more at home than we have in previous years. So the way our living spaces look has become more important than ever. But design isn’t exclusive to aesthetics anymore— functionality has become essential. These two factors have been the biggest influences on interior design trends.  

The Covid-19 pandemic upended the home-buying process. Historically-low mortgage rates coupled with an inventory shortage created a red hot market, with houses selling within hours of being listed, often for well over asking price. No one knows exactly what the future has in store. But housing experts tell CNBC Make It that in 2022, buyers

While most oceanfront hotels are known for traditional beach style with seashell decor and lots of kitsch, Tower23 in San Diego couldn’t be a more unique getaway. This modern hotel appeals to tourists, surfers, or simply anyone who needs a chic retreat in the area. Located in the Pacific Beach neighborhood, it has the vibe

A worker fulfills orders at a Gorillas “dark store” in London’s trendy Shoreditch district on May 20, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — A battle to find space powering the ultrafast grocery delivery boom is pushing up rents in parts of London’s commercial property sector. Companies like Getir, Gorillas and Zapp,

As 2021 comes to a close, many companies including Zillow, Yelp, Wayfair Professional, and 1stDibs released their end of year reports consisting of consumer statistics, professional input and market data on the most popular home trends of 2021 along with predictions for 2022. But were all these findings the same? It’s important to note the

As many as one third of 40 Chinese property developers rated by Fitch Ratings could suffer a cash squeeze in a severe scenario where home sales revenue drops by 30% next year, says the ratings giant. “The longer the stresses on China’s property sector last, the greater the risk of a loss in consumer confidence,”

Innovation districts emerging across the country and the world are in part a recognition close physical collaboration can fuel creativity. Placing innovative-minded folks together in a tight urban cluster devoted to inspiration, imagination and inventiveness is sheer genius. It can foster the kinds of formal and informal connections that spark great ideas. Ask random respondents

A For Sale sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images The already competitive housing market is getting even more so, and that is now cutting into mortgage demand. Even a small drop in interest rates couldn’t bring more buyers in, although it did boost refinance demand

In yet another tale of overnight success, Brooklyn neighborhood Dumbo has shot to fame with tourists and home buyers alike, just 235 years after it came into existence. The enclave whose acronym stands for Down Under the Manhattan Bridge Overpass started as a village called Olympia; later became part of the Parish of Brookland; and

Attendees crowd an aisle on the trade show floor during the 2015 International Consumer Electronics Show (CES) in Las Vegas, Jan. 6, 2015. Steve Marcus | Reuters Canceled Broadway shows. Shuttered restaurants. Lines of people wrapped around the block at walk-in medical clinics. Businesses sending their employees home. It sounds like a flashback to March

While giving birth is hardly glamorous, iconic fashion and lifestyle brand Lilly Pulitzer seeks to change this with a recently revealed a VIP birthing suite at Good Samaritan Medical Center, which is part of The Palm Beach Health Network. Lilly Pulitzer’s own granddaughter was born at Good Samaritan so it only makes sense to pass

In this article WRBY W M DKS DG BIRD A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Wayfair sees a chance to make a pivotal move. The furniture and home goods retailer plans to open three stores in Massachusetts next year. Chief Marketing Officer Bob Sherwin said low