Internationalluxuryluxury homebuyersnew yorkputinrussiaSelectukraine
January 15, 2015

Reeling ruble has Russians backing out of luxury home purchases

A sharp tumble in the value of the ruble has prompted some Russian real estate investors to try to break their American real estate contracts. New York-based lawyer Marlen Kruzhkov has seen a surge in the number of Russians seeking to flip their real estate contracts. Buyers “were offering to…
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Buyers & SellersInternationalmarketMarkets & Economyonlineportalreal estateRohit RaghavSelect
January 7, 2015

Indian portals must focus on consumers

The trickle of investments into Indian online real estate space has become a flood over the past few quarters, with significant money pouring in from Softbank Group, News Corp, NEA, Tiger Global and others. Flush with investment dollars, the leading online real estate players are trying to do everything possible to attract…
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InternationalMarkets & Economyportalsreal estateSelect
January 6, 2015

Dottie Herman: ‘We’re putting technology to use in ways no other brokerage has’

Dottie Herman is the president and CEO of Prudential Douglas Elliman. Are you optimistic about 2015? I’m both excited and relieved about the direction of the housing market in 2015. A year ago, the market rose rapidly at a rate that wasn’t sustainable. Now, we are seeing modest growth in…
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January 5, 2015

Century 21 China Real Estate booted from New York Stock Exchange

Century 21 China Real Estate’s parent company, IFM Investments Ltd., has been delisted from the New York Stock exchange after its market capitalization fell below a required minimum. Trading in IFM Investments under the ticker “CTC” on the New York Stock Exchange was suspended after markets closed Friday because the…
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Internationalluxury real estatereal estateSelecttips
January 5, 2015

Why luxury agents must understand the EB-5 visa

Brent Raymond is riding the wave of history. As executive director of Vermont’s EB-5 “investor visa” hub, Raymond’s job is to persuade Chinese immigrant investors that Vermont is the best place in the USA for them to underwrite job-creating projects. By any measure, Raymond has been astonishingly successful. The EB-5…
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