Finance & Mortgage

2016 Real Estate Trends: Booming Bargain Belt, Millenials Trading Up, and More

In the yearend of last year, the U.S. Federal Reserve was predicted to raise interest rates for this year which propelled prospective homebuyers to take action, however, 2015 proved that prediction wrong. This time, that pattern may no longer come to be.

Indonesia Amends Luxury Property Tax Rules

Indonesia is changing its rules on taxing luxury properties. In this move that could iron the uncertainty that is plaguing the real estate sector, certain apartments and houses are now to be valued based on value instead of size, The Business Times reports.

Federal Reserve Reported Economic Growth Due to Increased Home Sales and Higher Spending

Americans can expect good days as Federal Reserve announced that the economy grew this fall due to higher home buying and construction as well as higher spending.