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Day By Day Real Estate Business News From Housingwire

Prices of lumber skyrocketed to by no means earlier than seen heights prior to now year as the supply chain suffered the results of the continued COVID-19 pandemic. Shortage of good-paying jobs clouds the picture with 26% of renters saying it’s a “huge… Fortinet has bought a big Sunnyvale industrial website in a deal that widens the tech company’s buying binge in Silicon Valley. Independent, up-to-the minute real estate trade coverage. A gargantuan residence in Los Angeles dubbed “The One” by its developer is now on observe to be offered after the proprietor defaulted on more than $136 million in loans and debt, according to courtroom paperwork. China’s real estate disaster is not showing any sign of letting up.

  • A downtown San Jose tower project would possibly supply a fresh method to housing through a partnership of an upstart residential company and a busy developer.
  • Designed to supply readers accurate,