Bengaluru: Indian conglomerate Raymond reported an 18 per cent rise in fourth-quarter profit on Friday, buoyed by strong demand for its real-estate segment. The company, which sells clothes to luxury homes, said its consolidated profit rose to 2.29 billion rupees ($27.5 million) in the three months to March 31, compared with 1.94 billion rupees a … Read more
A realtor has left the internet in disbelief after sharing the ‘creepy’ discovery she found inside a home. Jessica Law is a Florida-based real estate agent who frequently showcases the houses she is selling on her TikTok channel, where she has garnered over 2,300 followers. Most recently, the home seller took to the video-sharing platform … Read more
One of Brooklyn’s most expensive homes, a fully renovated, 1870s row house on the corner of Sidney Place and Joralemon Street in Brooklyn Heights, is now under contract. The buyers are Emily Weiss, the founder of the beauty brand Glossier, and Will Gaybrick, a top executive at Stripe, a payment-processing provider. The pair reportedly paid … Read more
The housing sector not only provides shelter—a basic human need—but also plays an integral role in both global and local economic growth. Beyond its primary function, the housing sector initiates a series of activities that propel economic growth. Specifically, the housing sector is a significant contributor to gross domestic product (GDP) through construction, home sales, … Read more
You’ve heard of Florida Man, but that may be no match for Florida bubble. Consider a new study from Florida Atlantic University and Florida International University researchers in South Florida. They found the average home in the region is nearly 35% overvalued relative to its long-term pricing costs, and they’re sounding the alarm. “This trend … Read more
SAN JOSE — A big South Bay portfolio of office, commercial and industrial buildings has been bought by a New York-based real estate investment group in a deal valued at well over $200 million.The buying group paid $222 million for buildings in San Jose, Milpitas and Santa Clara, according to documents filed on May 1 … Read more
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