The Bessette Realty Group
"Working twice as hard... IL & WI"

Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

US mall owner GGP rejects Brookfield Property's $14.8 billion offer

GGP rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners, people familiar with the matter said on Sunday. Read Article

Mon, 11 Dec 2017 03:30:00 PST

Huge US mall operator rejects a deal that would have made a retail property giant

Brookfield had made a $23-per-share cash offer for the U.S. mall owner last month. Read Article

Sun, 10 Dec 2017 17:22:00 PST

Homebuilding CEO says 'California is really in a housing crisis' in terms of supply

Jim Cramer touched base with Tri Pointe Group CEO Doug Bauer about the housing market, taxes and the wildfires in California. Read Article

Fri, 08 Dec 2017 16:35:00 PST

Household wealth jumps to near $97 trillion

Household wealth rose nearly 2 percent in Q3 and is near double the level it was during the financial crisis, according to Fed data. Read Article

Fri, 08 Dec 2017 09:30:00 PST

Trump: Wells Fargo fines in mortgage cases 'will not be dropped' and could be hiked

President Trump rejected the notion that Wells Fargo would skate on penalties associated with claims of mortgage abuse. Read Article

Fri, 08 Dec 2017 07:43:00 PST

$5 billion worth of Southern California real estate faces significant fire risk

An estimate of how many Southern California homes are at risk of fire and the estimated reconstruction value. Read Article

Thu, 07 Dec 2017 21:00:00 PST

Hotels around the world are feeling China's curbs on money leaving the country

Capital controls in China have slowed corporates' global shopping spree. Read Article

Thu, 07 Dec 2017 20:16:00 PST

California fires burn down multimillion-dollar homes in Bel-Air

Multiple wildfires are raging out of control across Southern California, burning more than 100,000 acres in only a few days. Read Article

Thu, 07 Dec 2017 13:38:00 PST

The profits made from flipping homes continues to shrink

Home flipping profits continue to be squeezed by a dwindling inventory of distressed properties available to purchase at a discount. Read Article

Thu, 07 Dec 2017 11:51:00 PST

Start-up seeks to bring A.I. to the mortgage business

Casey Crawford, Movement Mortgage CEO, discusses what impact artificial intelligence and big data technology will have on the housing market. Read Article

Thu, 07 Dec 2017 11:40:00 PST
George Bessette
REMAX Advantage
Ph: 847-395-9588
532 Lake St.
Antioch, IL 60002 US
www.GeorgeBessette.com
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