Thursday, 14 November 2024

Finance & Mortgage

'Housing Measures Absent in Singapore’s Budget 2016

Many property market players were disappointed over the absence of any housing measures in the recently announced budget 2016 of Singapore.

'Brisbane Vendor to Auction Brand New Apartment With No Reserve

A Brisbane vendor is putting the brand new 5/53 Ashmore Street, Everton Park apartment under the hammer on April 10 without reserve.

'European Terrorist Attacks Booms Israeli Real Estate Beyond Limits

Israeli real estate had been greatly impacted by last week's two major terrorist attacks in Europe. Eran Cohen, a housing expert, who was the former leader of the organization responsible for official Israel home appraisals, stated that in just the past week that the demand for details from European Jews about housing in Israel had soared.

EDITOR'S PICKS

'Hollywood A-Listers Real Estate Agent Tomer Fridman Surpasses $100-million Closed Sales

Sotheby's International Real Estate agent Tomer Fridman surpassed the $100-million mark for closed sales in a year as partner and executive vice president at Ewing & Associates Sotheby's International.

By Staff Reporter
'Nobel Peace Prize Awards Lesbos Refugee Humanitarian Efforts as Local Tourism Suffers

Lesbos had become the unlikely center of the Greek island's refugee issue in August 2015. Aeolian Sun travel agency owner Maria Papageorgiou said that people were sleeping outside her shop. She claimed that these people had no water to drink or to wash themselves with.

By Staff Reporter
'European Real Estate Market Foresees Gains Once Again; Domestic Market, Rental Costs Boost Market

European real estate market based on the average transaction volume from 2015 was about 69 percent related to hotel real estate, 29 percent to office space, and two percent for retail. With signs that the economy was starting to come out of recession, the real estate market had started recovering and the projections for 2016 were optimistic.

By Staff Reporter
'Housing Plans Receive Positive Reviews From CHBA As Project May Improve Public Transit, Municipal Infrastructure

Housing plans made by the federal Liberal government were not well-received overall, but the Canadian Home Builders' Association gave positive reviews. Kevin Lee, CEO of CHBA, stated that the plan will help make houses more affordable. He also pointed out its positive impacts on public transit and municipal infrastructure.

By Staff Reporter
'Nantucket Real Estate Offers Luxury And Privacy

Nantucket's real estate market operated on a new scale. Similar to Texas, everything was bigger including the prices and the sizes of the houses.

By Staff Reporter
'House Signed Bill Extending Foreclosure Protection for Veterans

Service members and military families get a further relief as the foreclosure protection under the Servicemembers Civil Relief Act has been extended for another two years.

By Staff Reporter
'NBF Says 33% of Metro Vancouver Real Estate Investment From Offshore

In a recent analysis that the National Banking Financial conducted, figures reveal that one-third of real estate investment in the Metro Vancouver area comes from offshore investors.

By Staff Reporter
'Mortgage Applications: 3.3% Drop Following Volatile Interest Rates

Markets finally settled last week after several months of volatile interest rates. However, that did not help the mortgage business. Overall mortgage application volume dropped 3.3 percent on seasonally adjusted data last week compared to previous weeks.

By Staff Reporter
'Fannie Mae and Freddie Mac To Cut Principal Balance On Underwater Mortgages

Homeowners who were behind on their home purchase loan payments are expecting to receive good news in the coming weeks. Under an act approved by the federal regulator of mortgage-finance corporations Fannie Mae and Freddie Mac, thousands of homeowners who owe more than the worth of their properties and are behind in bill payments will be eligible to get their mortgage balances absolved.

By Staff Reporter
'Real Estate Tips: Tax Benefits of Owning a Second House

Aside from being an addition to one's assets, there are tons of benefits that come with owning a second home, and these involve tax breaks.

By Staff Reporter
'Palo Alto Proposes Housing Subsidy for Middle Class

With rents and house prices going nowhere but up these days, the Palo Alto government is looking into how it can provide affordable housing to its residents.

By Staff Reporter
'Can You Lower Your Mortgage Rates?

Mortgage rates have been reaching record lows since the beginning of the year and those who are looking to buy a property, be it their first or second homes, can benefit from the low interests.

By Staff Reporter