Investing

Rising Home Prices Rescue a Number of American Underwater Home Owners

The rising prices of homes in America are rescuing more number of underwater homeowners from their debts. The rebounding market, low mortgage rates and increasing prices have dragged a number of underwater homeowners to rise above their debt. New home buyers are now able to sell off their old homes at a greater price to fund their mortgage loans, enabling them to cover the loan more effectively.

Foreign Investors Jumping into US Rental Market

As the housing economy of the U.S. is recovering, the rental markets are raking in a larger number of foreign investors. A new trend of foreign investment firms purchasing property in the U.S. and renting them out for a profitable price has kicked off recently. The increasing availability of property and weak dollar rates make the U.S. market safe for the investors.

China restates plan to extend property tax programme to new cities

China's cabinet on Wednesday restated its intention to extend a pilot property tax programme to more cities and urged local authorities again to put price control targets on new homes, in the latest effort to calm frothy real estate markets.
EDITOR'S PICKS
Real Time Analytics