Friday, 15 November 2024

Finance & Mortgage

'Oman Reaches Record High $1Billion In Monthly Real Estate Transactions

Oman's real estate market is definitely on a roll. Their Ministry of Housing released a report showing that for the month of November, there was $1 billion worth of real estate transactions that took place in the Arab country, Arabian Business reports.

'Are Central London Home Prices Stagnating Next Year?

Prospective buyers who are priced out of the UK capital are looking farther afield posing possible stagnate home prices in central London in the coming year, predicts Righmove Plc, as reported by Business Times.

'Europe's Real Estate Market Forecasted To See Dramatic Changes In The Next 10 Years

People in Europe are going to vastly change their views and preferences in terms of where they want to live and work, and this dramatic change that is forecasted to take place in the next 10 years, expects the real estate industry to be able to adapt and answer to these changes, says Savill, in a report by Adrian Bishop in OPP Today.

EDITOR'S PICKS

'New Study Suggests That Higher Home Prices Are Good For Minorities

A new study conducted by the two economists of Federal Trade Commission (FTC) and published this December, suggested that higher prices are good news for minorities since it loosen up the tight standards in lending.

By Staff Reporter
'Real Estate News: Hong Kong Property Market Faces Slump In 2016

By the end of 2016, property foreclosures in Hong Kong are anticipated to double from current levels as a result of a slowing economy. According to an auctioneer with more than two decades of experience in the industry, the foreseen slump will severely affect the borrowers' ability to pay off their mortgages leading to massive foreclosures.

By Staff Reporter
'Real Estate News: Flooding Threatens Florida Keys' Property Value Despite Boom

Since extreme floods started last September, the island chain famous for snorkeling and fishing has been transformed into a "sewer." Homeowners can now go snorkeling and fishing right on the streets now that they have been turned into canal-like swamps.

By Staff Reporter
'New York Real Estate: Jehovah's Witnesses Are Selling Their NYC Watchtower Headquarters; Religious Group Expected to Gain More Than $1Billion

The Jehovah's Witnesses will be moving out of the New York City area and are selling their Watchtower headquarters located in Brooklyn. The religious organization is expected to raise more than $1billion from the sale.

By Staff Reporter
'Los Angeles Real Estate News: What are the Effects of the Porter Ranch Gas Leak on the Housing Market?

A recently discovered gas leak just above Porter Ranch calling national attention and causing various diseases to thousands of residents is now becoming a major concern in the housing market.

By Staff Reporter
'Celebrity Real Estate: Pitcher Chris Capuano Buys a Brand-New Home in Scottsdale

Pitcher Chris Capuano, a free agent, has recently bought a four-bedroom custom home for $1.7 million in Scottsdale, AZ. The home is located near the Chase Field, where Chris made his Major League debut in 2003 with the Arizona Diamondbacks.

By Staff Reporter
'Celebrity Real Estate: Slobodan Zivojinovic, Tennis Superstar, is Renting Out His Home at Miami Beach

The former Serbian tennis star, Slobodan Zivojinovic and his wife, Lepa Brena, a Bosnian pop star, are renting out their waterfront home in Miami Beach for $7,900 a month.

By Staff Reporter
'Celebrity Real Estate: David Draiman, Frontman of Disturbed, is Renting Out Luxurious Penthouse in Honolulu

The posh penthouse apartment in Honolulu, HI of Disturbed's lead singer, David Draiman, is being offered for rent at $10,000 a month.

By Staff Reporter
'Housing Crisis Report: Wake Up, America!

In the 2015 report on rental housing of the Harvard Joint Center for Housing Studies, it was found that renters paid more than 30 percent of their income for housing last year. It is also reported that 49 percent of renters struggle to pay other bills because of the high cost of rents.

By Staff Reporter
'Real Estate News: Home Mortgage Rates Increase as U.S. Housing Crisis Recovers

The home mortgage rates increase slightly. The executive vice president of TransUnion, Steve Chaouki said it is an indication of housing crisis recovery.

By Staff Reporter
'Home Transfer: What To Expect When Downsizing To A Condo (Fees, Location, And Space Issues)

If you're considering shifting from an actual house to a condo, you should know that the change you're gonna go through won't be a minor one. There are a lot of things that will differentiate your lifestyle apart from the physical size of your home. If you're seriously thinking about this shift, here are some of the factors that you should consider:

By Staff Reporter
'In India, Investments In Real Estate Sector May Reach 7-Year High

It's seems promising in the real estate sector but still not quite.

By Staff Reporter