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Real Estate News
Below are the latest real estate news headlines for buyers and sellers.Real Estate
Zillow makes a big bet on flipping homes. New CEO could 'make this gamble work': RBC's Mahaney
"[Rich Barton has] a huge track record" and his return to be the CEO "took the stock up," RBC's Mark Mahaney says. But the internet analyst is still skeptical. Read Article
Chinese real estate is a 'two-speed market': Portwood Capital
Peter Churchouse of Portwood Capital says property prices in China's tier three and tier four cities have bounced "very strongly" over the past year, whereas the country's tier one and high tier two cities have been "pretty flat." Read Article
NYC developer: Ironically, many of protested Amazon perks are 'on the books' for all newcomers
The political pressure that sunk Amazon's New York City deal was borne out of a lack of understanding of the benefits, says billionaire William Rudin. Read Article
Slowest home sales in over three years could help buyers this spring
Real estate agents and analysts have long been blaming weak sales on too few listings and rising rates. Read Article
US existing home sales fall sharply to 3-year low
The U.S. housing market has been stymied by a sharp rise in mortgage rates since 2016 as well as land and labor shortages. Read Article
SoftBank's latest real estate bet is in a start-up that's taking on the physical storage industry
SoftBank's Vision Fund led a $200 million investment in Clutter at a $600 million valuation. Read Article
Weekly mortgage applications rise 3.6%, a sign of hope for the spring homebuying season
Applications to purchase a home increased 2 percent for the week — the first uptick in four weeks — a sign of optimism in the housing market. Read Article
Stockland faces 'challenging' residential real estate market
Mark Steinert, CEO of Stockland, says the biggest challenge in the Australian housing market is the contraction in credit. Read Article
Why Scentre is positive on the Australian consumer
Uncertainty in the political sector is unlikely to affect the Australian consumer, says Peter Allen, CEO of Scentre. He also explains why he says declining house prices may not impact retail sales in the country. Read Article
Here's a map of where Payless ShoeSource is closing 2,500 stores
Payless ShoeSource filed for bankruptcy protection on Monday, a day after it began winding down its 2,500 U.S. stores. Read Article