Bud Cabalu
Your Anaheim Real Estate Specialist
PHONE:  (562) 809-1938 DIRECT:  (714) 488-1931
11835 South Street, Cerritos, CA 90703

Real Estate News

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

Real Estate

China's central bank says Evergrande is unique and most real estate developers are stable

The People's Bank of China said Friday indebted developer China Evergrande is its own case, and that most real estate businesses are stable. Read Article

Fri, 15 Oct 2021 04:04:50 PDT

Second-largest U.S. mortgage lender ditches its plan to accept payments in bitcoin

United Wholesale Mortgage is ditching its plan to accept crypto payments after its two-month pilot. Read Article

Fri, 15 Oct 2021 10:19:29 PDT

Foreclosures are surging now that Covid mortgage bailouts are ending, but they're still at low levels

Foreclosures are starting to surge as programs designed to help homeowners contend with the Covid pandemic have begun to expire. Read Article

Thu, 14 Oct 2021 11:19:24 PDT

Barry Sternlicht says the 'deck is stacked' in China and he's not a fan of investing there

The global real estate investor told CNBC it's tough to invest directly in countries such as China where "we think the deck is stacked." Read Article

Wed, 13 Oct 2021 16:10:28 PDT

Weekly mortgage demand stalls, as rates jump to highest level since June

Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance. Read Article

Wed, 13 Oct 2021 04:00:02 PDT

Morgan Stanley upgrades China property to 'attractive' despite default fears

The U.S. investment bank said it believes that policy easing of the property sector looks likely to kick in, which will support Chinese real estate stocks. Read Article

Tue, 12 Oct 2021 17:59:44 PDT

Today's tight housing market is already overbuilt, one analyst says

House hunters today know the pickings are slim, the competition is fierce and the prices are high, but one analyst said too many houses are being built. Read Article

Tue, 12 Oct 2021 12:54:19 PDT

Dubai's economy shows promising growth after slumping 11% last year

The real estate sector, which was already several years into decline when the pandemic began, is seeing a strong but uneven rebound. Read Article

Tue, 12 Oct 2021 08:58:17 PDT

An entire block of vacant storefronts: Delayed office return plans stymie midtown Manhattan's recovery

As of this summer, nearly 30% of the retail storefronts in Midtown East and around Grand Central were vacant, according to a new report from REBNY. Read Article

Thu, 07 Oct 2021 08:26:46 PDT

How much house can you afford? Here's what first-time homebuyers need to know

More than a quarter of buyers this year blew past their initial home-buying budget. Read Article

Wed, 06 Oct 2021 16:37:43 PDT
Bud Cabalu
Century 21, Wise Ol' Owl
Ph: (562) 809-1938Fax:(562) 860-4216
11835 South Street
Cerritos, CA 90703 US
Licensed Real Estate Broker 01197234
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