Thursday, 14 November 2024

News

Inflation And Tight Housing Market Push Australians Into Rental Crisis

'15- And 30-Year Term Mortgage Rates Continue To Fall, Bidding Wars May Follow

Mortgage rates for 30-year and 15-year terms dropped to under 7% after they surpassed 8% in October.

The Difference Between Real Estate Entrepreneurs and Investors

'These 10 Housing Markets May See a Rebound in 2024: Report

Several cities, specifically those in the Northeast, Midwest, and Southern California, are expected to see a housing market rebound in 2024.

Senate Banking Committee Examines Collapse Of Cryptocurrency Trading Firm FTX

'Shark Tank' Star Kevin O'Leary Warns of Potential Commercial Real Estate Crash

Kevin O'Leary, a "Shark Tank" investor, said the commercial real estate market is on the brink of collapse amid high vacancy rates in many office buildings.

EDITOR'S PICKS

'Real Estate Agents May Soon Say Goodbye to 6% Commissions

Changes may come to real estate commission rates after a landmark ruling found the NAR and several brokerages liable of artifically inflating home commissions.

By D. Ong
'4 Biggest Predictions for the US Housing and Commercial Real Estate Market in 2024

Some experts believe the conditions of the housing and commercial real estate market in the United States may improve next year. Here are some of the biggest predictions for 2024.

By D. Ong
'More Older Adults in the US May Face Housing Insecurity in the Next Decade: New Study

A new report from Harvard found that less than 1 in 5 older adults have enough money to pay for their healthcare and housing.

By D. Ong
'SEC Charges Arciterra Head in $35M Real Estate Fraud, Stock Manipulation

Real estate adviser Jonathan Larmore allegedly misappropriated millions of dollars to fund his family's lavish lifestyle.

By D. Ong
'Judge Awards Aretha Franklin’s Sons Real Estate Thanks to a Handwritten Will Found Between Couch Cushions

A Detroit judge awarded three of Aretha Franklin's sons ownership of her real estate properties after a 2014 handwritten will found between couch cushions was declared to be valid.

By D. Ong
'Maui Mayor Proposes Tax Incentives To Address Housing Shortage Following the Devastating Wildfire

Maui County's mayor proposed to waive the property taxes of short-term rental owners who convert their units into long-term rentals for displaced wildfire survivors.

By D. Ong
'CFPB Fines the Bank of America $12 Million Following Mortgage Disclosure Violations

The CFPB alleged that Bank of America routinely submitted inaccurate information about mortgage applicants to the federal government.

By D. Ong
'New York City Offers Homeowners $395K To Build a Tiny Home

The project, named "Plus One ADU," will pay 15 lucky homeowners to construct accessory dwelling units in their backyard, garage, basement, or attic.

By D. Ong
'US Home Prices Increase for Eighth Consecutive Month Despite High Mortgage Rates

The prices of homes across the United States increased 0.7% in September even as mortgage rates soared 8%.

By D. Ong
'New Home Sales in October Dropped Lower Than Experts Predicted: Report

Home sales in October dropped to an annual rate of 679,000 amid high mortgage rates and shortage in the housing market.

By D. Ong
'More Homeowners Are Now Incurring Losses in Home Sales: New Real Estate Data

Some homeowners lost six-figure amounts in home sales between August and October 2023, according to new real estate data.

By D. Ong
'King Charles III Upgrades His Real Estate Empire Using Assets of Dead Brits: Report

The report claimed King Charles III and his mother, the late Queen Elizabeth II, extracted $75 million from estates due to the ancient feudal law.

By D. Ong