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Despite tentative signs of improvement, the US real estate market remains trapped in a familiar dilemma: high prices and dissuasive interest rates. The latest data published on home sales, house prices and loan applications confirm one fact: activity is stabilizing, but at a historically low level, with little chance of a real recovery without a marked easing in mortgage rates.A deceptive improvement in existing home salesIn May, sales of existing homes rose by 0.8% month-on-month, reaching an annualized rate of 4.03 million transactions, according to the National Association of Realtors...

Bournemouth has been named the most in-demand coastal location for buyers, with its stunning natural beauty, extensive green spaces, and appealing property market all contributing to its popularityBournemouth beach in Dorset is a very popular spot for tourists(Image: John Harper via Getty Images)Bournemouth, the charming coastal town situated on England's southern coast, has recently experienced a significant increase in popularity among property buyers. The latest figures from Rightmove reveal that Bournemouth has become the most sought-after seaside location for purchasers, a trend fuelled by its breathtaking natural beauty, abundant green...

The 35,616-square-foot building that’s home to a Tesla Collision Center in Irvine sold May 28 for $21 million. SRS Real Estate Partners said Tesla has a 10-year triple net lease with options to extend at 18011 Mitchell South. The seller was North Palisade Partners, a Los Angeles-based developer. The buyer, Np Mitchell LLC, was represented by Costa Mesa-based Tidemark Real Estate. SRS Capital Markets Senior Vice President Pat Weibel said the property offered up a well-known tenant in “an affluent demographic base in the heart of Orange County, on the border...