Tag: real estate investing
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Video: Michael Shvo talks of Transamerica Pyramid’s future
Developer addresses crowd at event marking the 50th anniversary of the Transamerica Pyramid, one of the most recognizable buildings of the San Francisco skyline. — Read on therealdeal.com/sanfrancisco/2022/12/19/video-michael-shvo-talks-of-transamerica-pyramids-future/
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Why I’m betting big on San Francisco

I’m investing $400 million toward reimagining the Transamerica Pyramid and its surrounding neighborhood. It’s because I believe in this city and what it stands for. https://www.sfchronicle.com/opinion/openforum/article/san-francisco-transamerica-neighborhood-17650989.php
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Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco

Job cuts and remote work are colliding to reshape the center of American innovation. San Francisco’s Salesforce Tower opened almost five years ago as a monument to the region’s tech-driven economy, piercing the skyline as the tallest office building on the US West Coast. It symbolized a boom for the city’s downtown, alongside a new futuristic…
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Why This Housing Downturn Isn’t Like the Last One

A postcrisis mortgage-market makeover and an overhaul of the financial system make a repeat of 2008 unlikely The pandemic housing boom is over. The bust will look nothing like the last one. Before the financial crisis of 2008, lenders barely bothered to verify mortgage applicants’ income. Today they demand reams of evidence that borrowers can afford their…
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These Cities to See Biggest Price Drops Amid Talk of Housing Market Crash

Experts believe that the housing market is currently in the midst of a correction after the past couple of years saw soaring mortgage rates and heavy inflation, as well as major increases in housing prices. Though there have been warnings that the housing market is headed for a crash, some people have cast doubt on whether the…
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Is the U.S. Headed for a Housing Market Crash in 2023?

High mortgage rates, soaring inflation, rapid growth over the past couple of years and other factors have been at the center of recent discussions on the fate of the U.S. housing market. Though some experts—such as Barry Sternlicht, CEO of the private equity company Starwood Capital Group—have warned that the market is heading for a crash,…
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The 10 best real estate markets of 2023: Goodbye COVID boomtowns, hello mid-sized markets

After a sudden slowdown in many housing markets this year, will markets that are “slow and steady” shine in 2023? Midsize markets, which saw lower price increases and less of an affordability crunch than others, are poised to see the strongest combined growth in home sales and listing prices in the coming year, according to a report from Realtor.com. With mortgage rates almost…
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2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.

The coming year could be ripe with real estate investment opportunities. 2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real estate didn’t fare much better. The median home price reached its highest point in history, then came down…
