Real Estate

Real Estate

Saudi Sovereign Wealth Fund Plans Majority Stake in $1 Billion NYC Skyscraper

Photo by Patrick Tomasso via Unsplash

The deal is with NYC real estate developer Related, which is seeking to capitalize on the return to office push in the economic metropolis.

2 min read

Photo by Stephen McFadden via Unsplash

Real Estate

What Does Mamdani’s Primary Win Mean for New York Real Estate?

To say housing is the defining issue in current New York City politics is likely a massive understatement.

2 min read
Photo by Getty Images via Unsplash

Real Estate

New Home Construction Sinks to Lowest Point Since Pandemic

It may well be another indicator that the market is finally tipping in buyers’ favor, as the construction industry faces major headwinds.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Muhammad Abdullah and Tohamina via iStock

Real Estate

Is the Housing Bubble Finally Losing Pressure?

A new report by Redfin showed that US home sellers now outnumber by buyers by nearly half a million, the biggest gap on record since 2013.

5 min read

Real Estate

Mortgage Rates Follow Bond Yields Higher as US Debt Concerns Mount

Photo by Vladimir Kudinov via Unsplash

Even before the latest jump in mortgage rates, existing home sales slid 0.5% last month, according to the National Association of Realtors.

2 min read

Real Estate

Climate Change Could Slash Home Values By $1.5 Trillion, Report Says

Photo by Matthew Keys via CC BY-ND 2.0

As they say: Man plans, and Mother Nature floods his semi-basement. And climate change may melt home values along with glaciers.

2 min read

Hedge Funds

Bill Ackman’s Pershing Square Wants to Be the Next Berkshire

Photo by Senate Democrats via CC BY 2.0

Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.

2 min read

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