The luxury housing market is heading into 2026 with a high level of confidence most other sectors can’t claim—that’s the clear takeaway from Sotheby’s latest outlook report, which draws on global sales data, agent surveys, and buyer behavior at the top end of the market. After outperforming traditional real estate in both sales and value last year, luxury…
With the first wave of commercial Chinese real estate investment trusts (REITs) set to launch in the next two years, Greater Bay Area assets are likely to be in strong demand, according to Deloitte China. “GBA assets will likely be oversubscribed,” according to Ryan Wu, deputy managing partner for Hong Kong Chinese enterprises services with…
W&H Law Firm opens a Foshan office, marking its 56th branch worldwide, which aims to further integrate the firm into the development of the Greater Bay Area. The Foshan office is led by founding partner Meng Lifeng, who has 27 years of experience in real estate and construction, corporate governance and criminal defence. The new…
For many years, Oprah Winfrey’s home base has been her Promised Land estate, a roughly 66-acre compound in the coveted Hedgerow District of Montecito. Now word has it the media titan has quietly sold off a piece of her multi-structure property, specifically a historic Spanish Revival ranch on four acres she picked up from Oscar-winning…
Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to ship hundreds of sophisticated chips made by Nvidia Corp. to China in violation of national security export restrictions. The men used a fake real estate business in Tampa, Florida, as a front to move the shipments through Malaysia and ultimately to…
As some investors wait with bated breath for computer chip manufacturer Nvidia’s earnings report Wednesday, Long Island investment experts caution about concentrating on AI stocks alone. The release of Nvidia’s summer profits, which will be watched closely by tech investors around the world this week, is expected to serve as a major bellwether for the…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Elon Musk is worth close to half a trillion dollars. But long before Tesla shareholders approved a historic pay package that could make him the world’s first trillionaire, the billionaire tech CEO was actively shedding his real estate—and…
Would a 50-year mortgage make homeownership more affordable? The Trump administration is working on a plan for a mortgage term that spans five decades, Federal Housing Finance Agency Director Bill Pulte confirmed this weekend, calling it “a complete game changer” and a “potential weapon in a WIDE arsenal of solutions that we are developing right…
A man named Sean called into “The Ramsey Show” with a painful financial problem: he’s $40,000 upside down on a fifth-wheel RV he and his wife bought for $100,000. Sean explained that his wife used to be a travel nurse, so they financed the RV and lived in it for a while. But after deciding…
Hi, this is Allen Wan in Shanghai, otherwise known as the world’s most compelling coffee city. I’m enjoying an Americano at a pretty empty Starbucks in my neighborhood as I write this and wondering what the future holds for this iconic American coffee chain in China. Despite getting this tea-drinking nation hooked on lattes and…