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But guidelines of thumb don't have any relevance for skilled actual estate traders to set the purchase value.
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Last year, they launched an app of the identical identify, HomeSwipe, which they dubbed the "Tinder for apartment looking" because you swipe by listings to find the apartment you want.
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So while artwork and London real estate have outperformed gold, prime New York Metropolis actual estate has lagged.
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During Macy's first quarter earnings name on May 13, Chief Financial Officer Karen Hoguet addressed the company's actual property technique, [law firm referral](https://codeplums.com/roseanneotero7) suggesting that some estimates valuing its belongings have been executed "over simplistically." In keeping with its final annual report, Macy's property has a e-book value of $7.eight billion. So, I anticipate extra news on this entrance within the next few days.
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