December 5, 2023
Byju’s has relinquished about 6,20,000 square feet of office space in Bengaluru as the edtech major is looking to slash costs and raise capital amid a series of crises. The terminated office assets include 550,000 sq ft in Kalyani Tech Park in Whitefield and 70,000 sq ft in IBC Knowledge Park, people aware of the
READ MOREAt the Calculated Risk Real Estate Newsletter this week: • New Home Sales decrease to 679,000 Annual Rate in October • Case-Shiller: National House Price Index Up 3.9% year-over-year in September; New all-time High • Freddie Mac House Price Index Increased in October to New High; Up 6.0% Year-over-year • Fannie and Freddie Serious Delinquencies
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The S&P CoreLogic Case-Shiller Index reported a 3.9% year-over-year increase in home prices in September, despite a surge in mortgage rates. The growth coincided with the 30-year fixed mortgage rate’s climb toward 8%. Notably, rents are easing while home prices continue to rise. The report highlighted that of the 20 metropolitan markets, Detroit saw the
READ MOREAt the Calculated Risk Real Estate Newsletter this week: • NAR: Existing-Home Sales Decreased to 3.79 million SAAR in October; New Cycle Low • Lawler on Existing Home Sales, Population Projections and Household Slowdown • 4th Look at Local Housing Markets in October This is usually published 4 to 6 times a week and provides
READ MOREAt the Calculated Risk Real Estate Newsletter this week: • Lawler: Early Read on Existing Home Sales in October • October Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction • 3rd Look at Local Housing Markets in October • Lawler: New Census Long-Term Population Projections Are MASSIVELY Lower Than Previous Projections •
READ MOREDonald Trump Jr testified on Monday about what he called the “sexiness” of his father’s real estate portfolio, in his second time taking the stand in the former U.S. president’s civil fraud trial. Donald Trump, the frontrunner for the 2024 Republican presidential nomination, is accused along with his two adult sons and 10 of his
READ MOREAt the Calculated Risk Real Estate Newsletter this week: • 2nd Look at Local Housing Markets in October • Part 1: Current State of the Housing Market; Overview for mid-November • Inventory will Tell the Tale • 1st Look at Local Housing Markets in October • ICE (Black Knight) Mortgage Monitor: “It’s fair to expect
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by Calculated Risk on 11/07/2023 04:59:00 PM From Dodge Data Analytics: Dodge Momentum Index Inches Up 1% in October The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 1% in October to 181.7 (2000=100) from the revised September reading of 180.3. Over the month, the commercial component of the DMI rose 2.0%, while
READ MOREAt the Calculated Risk Real Estate Newsletter this week: • Case-Shiller: National House Price Index Up 2.6% year-over-year in August; New all-time High • Inflation Adjusted House Prices 3.1% Below Peak • Freddie Mac House Price Index Increased in September to New High; Up 5.2% Year-over-year • Asking Rents Down 1.2% Year-over-year • Lawler: Single-Family
READ MOREAt the Calculated Risk Real Estate Newsletter this week: • New Home Sales increase to 759,000 Annual Rate in September • Total Housing Completions Will Likely Increase Slightly in 2023; The Mix will Change • Final Look at Local Housing Markets in September • Fannie and Freddie: Single-Family Mortgage Delinquency Rate Mostly Unchanged in September
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