Saturday, 23 November 2024

Investing

New US Rule on Cash Investments Could Hurt Property Sales in Miami and Manhattan

The new disclosure rule requires title insurers to identify people behind anonymous deals. The decision by the U. S. government to start examining all-cash buyers has added another problem to luxury-home developers and brokers in Miami and Manhattan who are already challenged with sinking prices and slackening demand.

Some Canadian Real Estate Markets Still Strong Amidst Declining Oil Prices

There are still bright spots in the Canadian real estate sector Cheap oil is not always good especially for the real estate markets that are dependent on oil production.

UPDATE: Andy Warhol's Estate Sold, Only a Portion but for $50 Million

A portion of Andy Warhol's estate has finally been sold to the personage of a certain Adam Lindeman. He purchased not the whole 20-acre, but just a portion of it. An area wide of 5.7 acre for the price of $50 million. According to Elle Décor, his purchase includes the main house and some of the estates cottages.

EDITOR'S PICKS

Aspirational Pricing: Selling Luxury House More Than Its Market Value Affects Inventories

Sounds crazy and yes it is! When real estate listing goes way beyond its actual price, it is called aspirational pricing, and there is a big disconnect when it comes to selling of real estate properties.
By Staff Reporter
Equity vs. Real Estate: Which is a Better Investment?

take a look at the pros and cons regarding each of the factors that contribute as to why equities or real estate would be a lucrative investment now and in the years to come.
By Staff Reporter
Wisconsin’s Real Estate Sales Significant Increased; Finally Posted Its Best Home Sales Year in Decade

Wisconsin real estate sales have significant increased. Thus, making 2015 its best home sales after a decade.
By Staff Reporter
Paramount Pictures CEO Brad Grey Cut Price of Listed Apartment in Carlyle Hotel

Paramount Pictures CEO Brad Grey has listed his apartment in Carlyle Hotel. However, the film mogul has cut its original asking price.
By Staff Reporter
International Real Estate: Home Prices Drop Globally

Several reports from all over the world show that home prices dropped globally in 2015. Industry analysts from all over the world explained that the said phenomena was the result of a global "weaker economic sentiment"
By Staff Reporter
Financing a Vacation Home: What You'll Need

More and more Americans are investing their hard-earned money in a vacation home. This type of property is the real estate dream. Imagine owning a property in your favorite place which you can come home to when you need an escape from the pressures of your busy life. As a matter of fact, the phrase "vacation home" alone can make anyone feel excited and giddy.
By Staff Reporter
Housing Affordability Remains a Challenge in 2016, says the Federal National Mortgage Association

In 2016, the US economy will continue to thrive, mortgage lending standards will ease and household income will increase, but housing affordability will remain to be a challenge due to the continued rise of home prices, said a new report from the Federal National Mortgage Association (Fannie Mae).
By Staff Reporter
Rent-to-Own Properties Pose Risks for Investors, says Kroll Bond Rating Agency

Last week, a report highlighted rent-to-own properties as the future of the housing market but a new report from Kroll Bond Rating Agency threw a wet blanket onto anyone who was ecstatic about the new trend.
By Staff Reporter
US Real Estate: 'Market is Heading Back Toward Earth'

The real estate boom is over. After enjoying years of healthy real estate activity, states across the country are now slowing down. As an industry analyst would put it, the real estate "market is heading back toward earth."
By Staff Reporter
Lethbridge Takes the Least Hit as Oil Prices Fall

Lethbridge is usually behind when other centers see boom, but it stays stable at a time when other markets are going down
By Staff Reporter