Wednesday, 25 December 2024

Finance & Mortgage

London, New York, Perth Real Estate: What You Need To Know About Purchasing Property Abroad

Purchasing a property abroad is a major decision. Before purchasing in foreign property markets such as London, New York and Perth, a prospective buyer must understand the legality and money matters involved. They should also be aware of the restrictions imposed on foreign investors.

Loan Jargons: 14 Common Mortgage Terms You Need To Learn About

If you are about to go on a mortgage transaction, you may not wanna move forward without learning more about the loan jargons that you may encounter. Save time asking questions and come in non-empty handed. Here are some of the most common mortgage terms that you should learn about before you proceed with any mortgage transaction:

Fed’s Interest Rate Hike Heats Up Northern Virginia Real Estate

The Federal Reserve has recently made their first ever interest hike in almost a decade and this is highly significant news for Northern Virginia real estate buyers and sellers, Digital Journal reports.

EDITOR'S PICKS

Calgary Buyers May Be Hit By New Mortgage Regulations

Alberta may feel the unintended consequences that will result from the new mortgage regulations by the federal government targeted for the Toronto and Vancouver housing markets, according to Canadian Home Builder's Association-Alberta (CHBA-AB), Calgary Sun reports.
By Staff Reporter
Easing of 35-Year-Old US Foreign Investment Tax Signed

Offshore investors have been the US' major source of capital since the financial crisis and it looks like the recent step of the government to ease a 35-year-old tax on foreign investment will only open the door wider for purchases by overseas investors with President Obama already signing the measure into a law, Hui-Yong Yu of Bloomberg reports.
By Staff Reporter
Real Estate News: The Number of Housing Starts in November Brings Cheer to the Holiday Season Tune

The housing industry is cheering to the holiday tune as the new building permits and housing starts have been glowing in November. According to chief economist Jonathan Smoke, the number of housing starts in November was beyond expectations.
By Staff Reporter
Celebrity Real Estate: Dave Dombrowski, the New Red Sox President, Buys a $3.95M Brookline Home

Dave Dombrowski, the new Red Sox president, has recently purchased a home worth $3.95 million in Brookline, MA, near Fenway Park. Dombrowski’s six-bedroom home sits on a half-acre, is in close proximity to civilizations but still feels like a retreat, listing agent Merlin Rosenblatt of Longwood Residential says.
By Staff Reporter
Celebrity Real Estate: Monica Seles, Tennis Hall of Famer, is Selling Her Sarasota Home

The 5,871-square-foot mansion of Monica Seles, winner of nine Grand Slam singles titles, has initially listed it in 2014 for $1.85 million. Since then, it has went on and off the market.
By Staff Reporter
Real Estate Predictions 2016: US Real Estate Predicted To Attract Foreign Investors In Months Ahead

Buckle up, real estate agents! 2016 is going to be a good year in the industry. The US real estate is forecasted to attract more foreign investors in the months ahead due to a recent increase in the Federal Reserve's rates.
By Staff Reporter
Toronto And Vancouver Real Estate Are Undervalued In The Global Market, Expert Says

For over a decade, the Toronto and Vancouver real estate market has been getting bad publicity. Real estate articles, commentaries and analysis commonly discuss the high levels of mortgage debt, speculative investors and the unfolding of the markets when interest rates rise. Time and again, predictions have been made that the real estate market situation in Toronto and Vancouver will inflict put the Canadian economy in peril.
By Staff Reporter
US Real Estate News: December Brings In More Closed Deals

December is indeed a merry month, especially for real estate agents. According to a study conducted by Realtor.com, there was a jump in real estate activity during the second week of December. The study showed a 10% rise in signed contracts from the previous week, followed by a 5% bump in closings.
By Staff Reporter
Hiton Shares Jump 5.2% After Real Estate Investment Trust Spin Off Plans

Spinning off properties into Real Estate Investment Trusts (REIT) has become a common move among restaurant, retail and casino companies seeking tax benefits offered to property trusts. Among the companies that has recently been reported to be spinning off their properties is hotel magnate Hilton Worldwide Holdings Inc. which shares jumped 5.2% after the REIT spin off was revealed.
By Staff Reporter
Real Estate News: Real Estate Deals Rise in December During Holidays

Commissions for closing a deal could go as high as six-digits. So, there is no time nor chance to waste.
By Staff Reporter