FILE PHOTO: Debris is seen in front of the apartment compound Taoyuan Xindu Kongquecheng developed by China Fortune Land Development, in Zhuozhou, Hebei province, China. REUTERS/Lusha Zhang/File Photo China’s economy hit a stumbling block in the second quarter of 2024, growing at a sluggish 4.7% – its slowest pace since early 2023. This disappointing performance
BEIJING (Reuters) – Property investment in China fell 10.1% in the first half of 2024 from a year earlier, matching a figure in January-May, suggesting the sector is still not out of the woods despite mounting policy support. Property sales by floor area in January-June fell 19.0% from a year earlier, deeper than a 20.3%
Higher-for-longer interest costs and ample retail and office vacancies have pushed the sales of distressed investment properties in Hong Kong higher in the second quarter, a trend realtors expect to continue in an already tepid real estate market. An increasing acceptance among lenders and landlords to book steeper losses has driven up the number of
TEHRAN, Iran — Iran’s Interior Minister, Vahid Ahmadi, announced that property purchases in Iran by foreign nationals using the names of others are illegal. Without specifying any particular country, Ahmadi told ILNA news agency, “Property purchases by foreign nationals are subject to regulations, which we currently do not have in place. Therefore, property purchases in
A federal bankruptcy judge in Delaware gave approval Thursday to Petersen Health Care’s deals with Delaware and Illinois based LLCs to sell many of the company’s properties as part of an $118 million sale. Judge Thomas Horan signed an order approving Peoria-based Petersen’s deals with Petersen Acquisition LLC, based in Wilmington, Delaware and HP Developers
Sabrina Gordon / Getty Images A lot of real estate attention gets placed on large cities, such as those that have benefited from pandemic-era migration trends or bustling job markets. Yet some people still prefer to search for homes in small towns, which can be more affordable than some major cities and offer a slower
Bellevue Brandon Edward Bupp sold property at 257 Brighton Road to Nate Park for $185,000. Lori Carey sold property at 419 Jefferson Ave. to Corinthian Development LLC for $111,250. Daniel Sussman trustee sold property at 107 Kendall Ave. to Troy and Ella Potter for $287,500. Irina Tsybina sold property at 77 Kendall Ave. to Gannon
Staff reports | Asheville Citizen Times Sales filed in Buncombe County for June 28-July 2: Asheville 102 Forest Lake Drive, $570,000, Robert S Lebendiger and Ann Gryezan to Linda Edwards Stine 7 Lennox St., $320,000, Lawrence Jarrell to Patrick and Paige Gerbic Living Trust 12 S Lexington Ave., Unit 410, $950,000, James G Gibson and
Thursday evening, the Lapeer Planning Commission approved a rezoning request for a four-parcel development plan that includes the current site of Westside Market where a convenience store and gas station is proposed. Photo by Jeff Hogan LAPEER — A new gas station and convenience store are proposed for the northeast corner of West Genesee and
The property on Route 517 in Vernon, previously known as the Playboy Hotel and the Legends Resort, has been sold to an affiliate of Lockwood Hotels, Mayor Anthony Rossi said in a Facebook post Friday, July 12. Plans call for a 300-room internationally branded hotel, a world-class “Super Spa,” 150 residential condos and a space