CAI Investments, a Las Vegas developer, is in trouble with an $87 million debt and is looking to unload the property. The property in question is the Westin Tempe, a 290-room hotel in Tempe, part of the Phoenix metropolitan area, which is on the verge of a foreclosure auction after CAI Investments defaulted on the […]
Based on the Realtor.com report on real estate movements in the major cities of the United States, we found that the metropolis where a property sells the fastest is Rochester, New York. In approximately 21 days, a person can sell a property, regardless of whether the property is on the brink of foreclosure. This time, […]
Although it is no secret that the housing crisis that the country went through led to homes reaching extravagant prices, the truth is that all states and cities experienced very different impacts among them. For example, among the areas in the United States that have seen the most increases in housing prices is Knoxville, Tennessee. […]
Recently, Wichita State University conducted a study on the city’s real estate market, analyzing its behavior since last year and what can be expected for the next year. The data from the study indicates that so far this year, housing prices have increased more than expected, and according to the analyzed parameters, it appears that […]