Month: January 2025
Azizi Developments Unveils Oceanfront Dubai Islands Project Starting at $272,000
Azizi Developments, a top UAE real estate developer, has announced its latest venture. It is a stunning oceanfront residential project on Dubai Islands. With prices starting at an accessible $272,000, the development is poised to attract a diverse range of investors and homebuyers eager to embrace luxury coastal living. Dubai Islands: A New Jewel in…
Sharjah Real Estate Soars with 48% Growth, Transactions Hit $10.9 Billion
Sharjah’s real estate sector has grown remarkably. New figures show a 48% rise in transactions, reaching a record $10.9 billion in 2024. This surge underscores the emirate’s growing appeal as a prime destination for investors, residents, and businesses. Record-Breaking Growth in Real Estate Transactions According to data released by the Sharjah Real Estate Registration Department…
Real Estate Firms Invest in Senior Living Facilities to Meet Post-COVID Demand
The demand for senior living facilities has surged post-COVID, prompting real estate firms to focus on developing properties catering to this growing market. As families seek safe homes for their elderly members, senior living communities are being built with modern amenities, healthcare, and better safety features. This trend is fueled by an aging population. Developers…
Hyderabad Property Registrations Rise 7% in 2024, Luxury Homes See 58% Growth
Hyderabad’s real estate market has witnessed a 7% increase in property registrations in 2024, signaling continued growth in the region. A significant surge is noted in the luxury segment, with homes priced above ₹1 crore seeing a 58% year-over-year increase. The rise in registrations shows the city’s growing appeal to homebuyers. High-end properties are gaining…
Global Real Estate Investment Set to Soar: Savills Predicts 27% Growth for 2025
Global real estate investment is poised for a major rebound in 2025, according to projections by real estate advisory firm Savills.The firm expects a 27% rise in global real estate investments. This is due to the recovering economy and growing investor confidence. Savills expects growth due to higher demand for commercial real estate in key…
HOA Fees Are Rising: What Homebuyers Need to Know
As homebuyers face high mortgage rates and rising costs, they are feeling another burden: rising homeowners’ association (HOA) fees. These fees fund maintenance, security, and communal amenities. In 2024, the average HOA fee has surged to $390 per month, up significantly from $250 a decade ago. Homebuyers, particularly those looking for condos, townhomes, or homes…
New York City Rent Prices Spike: What Tenants Need to Know
New York City’s rental market continues to evolve, with average rent prices increasing by 5.6% year-over-year in December 2024, reaching $4,700 per month. The report highlights that rents are now rising at similar rates across all five boroughs, reflecting a more balanced market compared to earlier in 2024. Manhattan remains the priciest borough, with median…
Malibu Ranch: A $20 Million Retreat With a Heartbreaking History
Aspen Hope Ranch, a 20-acre property nestled in Malibu’s hills, is on the market for $20 million. While the listing includes breathtaking ocean views, horse stables, a vineyard, and a renowned petting zoo, the ranch’s true value lies in its heartfelt legacy. The Hermans, the ranch’s owners, built the property in honor of their late…
California’s Stalled Housing Market: Slow Sales and Wildfire Woes
California’s housing market is facing a major slowdown as high mortgage rates, low inventory, and escalating wildfire risks converge to stall buying and selling activity. This crisis is clear in Los Angeles. Wildfires are worsening the tough housing situation. Sales Slump Across the State California home sales have dropped. High mortgage rates are hurting affordability….
Nantucket Dream Turns Sour: $200K Beachfront Home Lost to Coastal Erosion
A homeowner’s dream of a beachfront property in Nantucket turned into a nightmare. Rapid coastal erosion forced them to demolish their $200,000 investment just six months after buying it. A Coastal Property at Risk The charming Nantucket property, perched near the shoreline, seemed like a once-in-a-lifetime deal for the buyer. However, the home’s proximity to…