This is what loan rates look like now. Are you ready to apply for a home loan? Loan rates today are mixed from yesterday, with fixed rate loan rising and the 5/1 arm falling. Here’s what they look like on April 6, 2021:
Proptech Parcl offers real estate investment without liquidity
Blockchain-based real estate platform Plot I bet people want a slice of the real estate pie so badly that clients are willing to invest in a small emerging slice of the market: a digital square foot of real estate. Not only are customers investing in Parcl’s product, but the company itself also recently secured $7.5 […]
What is a cash refinance?
FAQ: Refinancing by withdrawal Before choosing a cash-out refinance, consider these frequently asked questions. How much money can I get from cash-out refinancing? The amount of money a borrower can get with a cash refinance depends on several factors, including their credit rating, the type of mortgage you use, and the type of property attached […]
Finding the cure for the summer blues – NMP
Thomas Fuller, a 17th century English historian, once said, “We never know the value of water until the well is dry. Fortunately, the “sink” of borrowers looking to buy or refinance a home is far from dry, but it’s much less full these days. As the summer home-buying season approaches, there are plenty of reasons […]
Here’s what it takes to be a real estate agent
Only “fit and suitable” people can become real estate agents, and the industry regulator is working to clarify what that means. It might seem like anyone can land a job as an agent, with the real estate workforce hitting an all-time high earlier this year. Figures from the Real Estate Authority (REA) showed that the […]
Property prices: will property prices fall in 2022? “Historic levels” for buying a house
The real estate market has enjoyed an unprecedented boost for 18 months, with prices continuing to rise despite severe economic uncertainty. The average asking price for a home has jumped to £360,101 – an increase of £19,082 over the past three months – and buyers are desperate for lower prices to avoid overpaying for a […]
Is the Liberal or Labor mortgage scheme better?
A person in the unfortunate situation of having to sell due to job loss or family breakdown would face a negative net worth of $28,733 under the first home warranty, but only $7,040. using purchase assistance, as the government shares the loss. Loading But if property values go up, someone who bought a condominium would […]
Short-term rentals, inflation and rising interest rates all impacted the Summit County real estate market in the first quarter of 2022
This six bedroom, six bath luxury home located in Breckenridge is one of the many properties Summit Luxury Estates manages. The Summit County real estate agents argue that the regulation of short-term rentals, inflation and rising interest rates have had an effect on the local market in the first quarter of 2022.Adam Parker/Summit Luxury Estates […]
Median house price in Marlborough hits record high
Marlborough’s median home price hit an all-time high in April – nearly $60,000 higher than its previous high and $100,000 higher than the March median. The median house price in the district hit a record high of $764,000 last month, according to the Real Estate Institute of New Zealand, from $660,000 in March. Marlborough was […]
US inflation becomes everyone’s problem
THE legal mandate of the US Fed is to preserve domestic price stability and improve employment. However, he sees no role for the Fed in maintaining global economic stability. It is up to each country to prepare and cross the tides. Although the U.S. dollar-centric global financial system after World War II granted the United […]
The stock market is still dangerously bubbly. Plus, four reasons why the bond rout could be over
Citi’s global quantitative strategist Dirk Willer believes markets are breaking out of bubble conditions and has atypically blunt advice for equity investors: “Hit them when they’re down – which is now.” In other words, his research suggests that investors should expect stocks to continue falling once there are clear signs that an equity bubble has […]
Historic Leadville House will be used for employee housing
The town of Leadville has purchased one of its oldest Victorian homes, which was recently a bed and breakfast, and will now use it for employee housing. LEADVILLE, Colo. — At Leadville City Hall, Mayor Greg Labbe said the historic mountain town now resembles many Colorado towns struggling with rising housing prices. “People who live […]
ATTOM: Nearly 45% of mortgaged properties were equity rich in Q1 2022
ATTOM’s Q1 2022 US Home Equity & Underwater Report shows that 44.9% of mortgaged residential properties in the US were considered equity-rich in the first quarter, meaning that the combined estimated amount of secured loan balances by these properties was not more than 50% of their homes estimated market value. The share of equity-rich mortgaged […]
The Nasdaq Is In A Bear Market And I’m Up This Year: Here’s How I Did It
It’s been a tough year for Wall Street and investors. Since the beginning of the year, the emblematic Dow Jones Industrial Average (^ DJI 0.00%)reference S&P500 (^GSPC 0.25%)and dependent on growth stock Nasdaq Compound (^IXIC 0.00%)lost 9.5%, 13.5% and 22.4% of their value respectively over the past weekend. While the Dow and S&P 500 are […]
Chinese real estate trading platform KE Holdings announces new round of layoffs – Pandaily
KE Holdings, a Chinese real estate transaction and services platform that will debut on the HKEx on Wednesday, is once again the subject of layoff rumors. The company is said to have launched a new round of layoffs of around 50%. Several company employees had posted on social media that the layoffs were part of […]
Denver Homeownership Program to Help Those Affected by Redlining
DENVER – On Monday, Denver Mayor Michael Hancock and Denver Housing Director Britta Fisher announced the official launch of the city’s new metroDPA social equity program, designed to help people of color affected by the redlining to buy a house. Redlining is the practice of denying someone a home loan in certain areas of a […]
Housing headache: Mortgage rate hits 12-year high
Buying a home continues to cost more. The 30-year fixed-rate mortgage averaged 5.27% in the week ended May 5, a 12-year high, based on Freddie Mac. The rate fell from 5.1% a week earlier to 2.96% a year earlier. “Mortgages now compared to just a few months ago are costing homebuyers more,” said Lawrence Yun, […]
Business News | Stock and Stock Market News | Financial News
Search mutual fund quotes, news, net asset values Adani Wilmar INE699H01024, PUNCH, 543458 Addiction INE002A01018, TRUST, 500325 Tata Power INE245A01021, TATAPOWER, 500400 Adani Power INE814H01011, ADANIPOWER, 533096 HDFC Bank INE040A01034, HDFCBANK, 500180 […]
Shawlands flat on the market for £79,000 amid rising South Side property prices
Glasgow’s south side has seen a huge property boom in recent years, with property prices soaring. Apartments sold like hot cakes and growing demand drove prices up. And while many areas on the South Side have experienced this boom, nowhere has been hit harder than Shawlands, where properties have quickly become too expensive for many. […]
Some States Indulge in Home Equity Theft | Opinion
Did you know that in some states, if you miss a tax payment, local politicians will take your house, sell it, and keep all the profits? Tawanda Hall was behind on his taxes. She was on a payment plan but had missed $900. She didn’t expect Southfield, Michigan to take her entire house because of […]
Holy-Moly mortgage rates hit 5.64%, 10-year Treasury yield 3.12%, long-term Treasury bond fund slaughtered
So the Fed is getting ready to pull away from the bond market, and all sorts of things are happening. By Wolf Richter for WOLF STREET. The price of the iShares 20+ Year Treasury Bond ETF [TLT], which tracks an index of long-dated Treasury securities, fell another 1.5% on Friday, after falling 2.7% on Thursday. […]
The Editorial Board: An Impossible Regional Real Estate Market Requires Creative Solutions | Editorial
Those who already own homes in Western New York need to count every square foot of their blessings, because there’s never been a worse time to be looking for a home. In a hot seller’s market, most listings in the area disappear within two weeks – bought by new owners for the asking price or […]
The best Australian suburbs to invest where property prices are set to soar
housing market” class=”blkBorder img-share” style=”max-width:100%” /> PK Gupta amassed 12 properties worth a combined $8.5million before he turned 32 – and has offered advice to all Australians looking to enter the housing market A young investor who bought 12 properties in Australia worth $8.5million before the age of 32 has shared his secrets for identifying […]
National Capital Planning Commission equity plan calls for stronger considerations at project site
The location of sites for federal projects in the National Capital Region can have important implications for equity and inclusion. Good design is inclusive and considers unintended consequences, said Mina Wright, director of the General Services Administration Planning and Design Quality Office. “I have three kids, millennial kids who constantly bug me because I’m a […]
What just happened? | FinancialTimes
This article is an on-site version of our Unhedged newsletter. Register here to receive the newsletter directly in your inbox every day of the week Hello. On Wednesday, stocks and bonds rose happily after the Fed chairman said rate hikes of 75 basis points were not actively discussed at the Open Market Committee. This struck […]
CREW Network Launches Commitment to Action to Advance Women and DEI in Commercial Real Estate
Diane Butler of Butler Advisers Billy Surface The CREW (Commercial Real Estate Women) network has been fighting for women since 1989. In late 2021, this first business network launched the CRE Pledge for Action, an industry-first initiative, led by CEOs, designed to make advancing women and elevating actions that encourage greater diversity, equity and inclusion […]
The Loop: One Nation “ghost” candidates, real estate prices “must come down”, testifies Amber Heard
Hello. It is Thursday May 5 and you’re reading The Loop, a quick summary of today’s news. let’s start here Pauline Hanson’s One Nation Party is run a network of “ghost” candidates in federal electionsmany of whom have not been seen or heard from in the seats they are supposed to be competing in, an […]
The stock market is starting to price in the “growing risk of stagflation”, says the CEO of Research Affiliates. Here’s how investors can position themselves.
Stock markets are beginning to price in “the growing risk of stagflation,” according to Chris Brightman, managing director of Research Affiliates. “Investors are repositioning portfolios to protect the real value of their financial capital,” Brightman wrote in a note on Research Affiliates this month. “Capital markets have panicked as investors try to anticipate how soon […]
Wisconsin Realtors Association Sees Home Prices Will Stabilize as Demand Falls in Times of Inflation | Local News
Rhinelander, Wis. (WJFW) – Strong demand and weak supply have pushed up home prices across the county. But that may change, slightly. “This is the first indication that sales are going to struggle to keep pace with last year’s sales,” said Dr. David Clark, professor of economics at Marquette University College of Business Administration. He […]
Why senior housing is one of the best real estate investments you can make
MMore than 46 million Americans are currently 65 or older. And by 2050, that number is expected to explode to almost 90 million. If you’re a real estate investor, this is an important demographic trend you might want to pay attention to. Let’s see what senior housing is, as well as the benefits it can […]
What an average price of £350,000 means for first-time buyers
The average house price in Britain has topped £350,000 for the first time, according to property website Rightmove. From 2021 to 2022, house prices in all regions and countries except London and Scotland have increased by 10% and are now approaching a level (housing price to income ratio ) last observed during the height of […]
Briefing notes from Minister for Women and Gender Equality Pam Parsons say pay equity legislation is ‘expensive’ and could involve ‘significant legal battles’
Briefing materials prepared for MLA Pam Parsons, Minister responsible for Women and Gender Equality, provide some context for her to blame the high cost of the Muskrat Falls hydroelectric project for the lack of legislation on pay equity in the province. The binder used by Parsons in the House of Assembly includes key messages on […]
Why US stocks could fall at least another 20-35% (and the NASDAQ could be much worse)… – Christopher Joye
US stocks have fallen 14%-23% (S&P500 and NASDAQ) since we publicly revealed our bearish outlook on the market and many other correlated asset classes including credit, crypto and fixed rate bonds ( or duration). We expect the specter of a US recession in 2023/24 to continue to put downward pressure on equity valuations, and expect […]
The Top 3 Reasons Real Estate Is Quickly Becoming Hollywood’s Favorite Side Hustle
BEVERLY HILLS, CA – SEPTEMBER 08: A view of a pool with 4,000 square meter house above with private … [+] pool at The One Bel Air, a 105,000 square foot mansion designed by Nile Niami of Skyline Development and designed by Paul McClean (McClean Design). The One is shown by court-appointed receiver Ted Lanes, […]
House prices: UK property hotspots revealed
Bath is the UK’s best real estate hotspot. Photo: PA Bath has been named as the UK’s biggest property hotspot, with increased competition driving up asking prices by more than 15% over the past year. The average asking price in Bath jumped more than 15% to £555,018 last year, according to data from property site […]
HTPE, the first USD-denominated private equity investment arm under Huatai Securities, is set to continue its momentum and reach new milestones in various sectors
BEIJING, April 28, 2022 /PRNewswire/ — Founded in 2020, Huatai International Private Equity Fund (“HTPE”) is the USD private equity fund management platform launched by Huatai Securities, one of China largest financial conglomerates which has just celebrated its 30and birthday. As the first dollar-denominated blind pool fund, HTPE focuses on mid-to-late-stage growth stocks and mid-market […]
Portland real estate industry donates $300,000 to support homeless vote measure
The fate of a controversial ballot measure to radically reshape the Portland area’s approach to homelessness rests in the hands of a judge. But a group of companies is nevertheless ready to give big. Over the past week, more than two dozen donors, many of them real estate developers, have donated to a new political […]
Mortgage measures were never designed to limit house prices, says Donnery
Central Bank mortgage rules were never designed to limit house prices, but to increase the resilience of banks and borrowers, said the bank’s Deputy Governor Sharon Donnery. Speaking at the start of a two-day webinar on the measures, Ms Donnery insisted the rules had reduced the risk of another credit-fueled property boom by dampening house […]
As house prices hit new all-time high, we need to cut red tape weighing on sales
Tuesday, April 26, 2022 6:00 a.m. House prices in England hit a new record high yesterday. (Photo by Dan Kitwood/Getty Images) Average house prices in England hit a record high for the third consecutive month yesterday, according to RightMove. They averaged £360,100. Strong buyer demand and limited housing availability are expected to drive prices up […]
Twitter (TWTR) approves sale to Elon Musk for $54.20/share
In the midst of a tough first quarter earnings season, a war in Ukraine, inflation we haven’t seen in 40 years and employment we haven’t seen in over 50 years, today’s market news focuses on one man making a transaction: Elon Musk, the world’s richest person, buys Twitter TWTR for $54.20 per share, or nearly […]
Smaller projects add to Bronzeville’s development momentum
Dr. Martin Luther King Jr. Drive in Milwaukee has drawn attention for major development projects in recent years, some completed and others planned. Projects like the new Bader Philanthropies headquarters, which opened in 2018, the Medical… Dr. Martin Luther King Jr Drive in Milwaukee has drawn attention for major development projects in recent years, some […]
UK house prices hit record high
Month-on-month house prices rose an average of 1.6% to £5,537. Photo: Suzanne Plunkett/Reuters UK house prices hit a new high for the third consecutive month of £360,101, an index shows. Record prices haven’t slowed the market down, with homes selling faster than ever, twice as fast as in 2019, according to Rightmove’s house price index. […]
Readers respond: Al-Abdrabbuh for US House
Having served on the Corvallis school board and as a high school teacher, I have seen Sami Al-Abdrabbuh, Democratic candidate for Oregon’s 4th congressional district, really care about our education system to take care of all students and help them succeed. Sami examines the safety and well-being of where students live and what is needed […]
Down more than 23%, the 2 best performing Dow stocks this year look like monster buys right now
Jhere are 30 components in the Dow Jones Industrial Average. It might surprise investors to learn that the two worst performers so far this year are Nike (NYSE: NKE) and Home deposit (NYSE:HD), which have been two of the best performers over the past decade. As of this writing, Nike is down 23.5% year-to-date while […]
Real Estate Bulletin: Will Soaring Mortgage Rates Drive Home Prices Down?
Welcome to the real estate newsletter. By the time I finish writing this sentence, mortgage rates will probably have gone up. By the time you read this, they will likely have increased even more. The pandemic has been a boon for homebuyers as mortgage rates hit historic lows and allowed thousands of Angelenos access to […]
Australia house prices: The country’s most incredible ‘recalcitrant houses’
Amid the tide of high-rise development sweeping across Australian cities, there are still some truly remarkable homes. Amid the tide of high-rise development sweeping across Australian cities, there are still some truly remarkable homes. Surrounded by a world that seems to have left them behind, today they are monuments to a simpler time. Some seem […]
CROWN Act legislation is a necessary step towards racial equity
With the CROWN Act, all institutions will be held accountable for the fair and equal treatment of all people, regardless of hairstyle or texture. The CROWN Act can also serve as a layer of comfort and protection for people of color. People have the freedom to embrace their hair as it naturally grows and not […]
Could bonds rebound with high inflation and the Fed’s rate hike? More and more timekeepers are betting on it.
Bond market pessimism has become so extreme that a rally is a real possibility. Bond pessimism has been at extreme levels for several months now and the market stubbornly refuses to rally. What’s different now is the willingness of a few brave advisers (though a growing number of) to oppose the consensus. Rather than falling […]
Is commercial real estate a millionaire investment strategy?
Historically, commercial real estate investing has been more of an investment strategy for millionaires than an investment strategy for millionaire makers. Business owners and other wealthy people have the connections and capital to build their own small commercial real estate empires. But large capital outlay requirements and even higher purchase prices can put the strategy […]
Brisbane house prices leave units in the dust
Mr Roubicek said rising construction costs had hit the new apartment market hard and comparable established stock was about 25% cheaper. “There have been several examples of new developments reaching pre-sale [targets] only for developers to return deposits and break contracts because construction costs soared to the point that it was not financially viable,” he […]
Former state official sentenced to federal prison moved to ‘community confinement’
LOWELL — Former Lowell State Rep. David Nangle, sentenced last year to serve 15 months in federal prison on a host of corruption charges, is no longer in prison. It is unclear exactly where Nangle is serving the remainder of his sentence. According to the Federal Bureau of Prisons, on April 14, Nangle was transferred […]
A buoyant housing market makes it harder for the Fed to control inflation
Text size Housing remains a hot market. David Paul Morris/Bloomberg Real estate activity shows little effect from the sharp rise in mortgage interest rates. This could make it harder for the Federal Reserve to rein in runaway inflation. New housing starts rose 0.3% to a seasonally adjusted annual rate of 1.793 million units in March, […]
Sustainable real estate development: the future of real estate
Sustainability is becoming an increasingly important issue in the world of real estate. A growing number of investors are looking for sustainable property developments, so developers who can create environmentally friendly projects will have a clear advantage in the years to come. What is sustainability in real estate development? There are several definitions of sustainability, […]
‘Housing market faces inflection point’: Homebuilder confidence drops as interest rates rise
Numbers: The National Association of Home Builders‘ monthly confidence index fell another two points from the previous month to 77 in April, the trade group said Monday. The index remains at its lowest since September. Nonetheless, index readings above 50 indicate more builders believe conditions are good rather than bad. The last time the index […]
Real estate isn’t always a ‘safe as a house’ investment | Make money | border mail
news, business, It’s the old cliché: you can’t go wrong with bricks and mortar, but CoreLogic’s latest Pain and Gain report shows you can. The report covers the September quarter of 2021 – a period of extended lockdowns in Sydney, Melbourne and Canberra. It is therefore a testament to the strength of the real estate […]
Millennial ‘tantrums’ over Burnaby housing are annoying
This millennial says other people her age should learn to accommodate themselves instead of complaining. Do you agree? Editor: Re: Baby boomers got their homes in Burnaby through rock bottom prices, not “sacrifices,” NOW Letters After reading Connor Adams’ letter, it’s a perfect example of why no one takes millennials or tantrums seriously. “I read […]
House prices are rising in the Twin Cities, but not as fast as in other metro areas
The rise in real estate prices in the Twin Cities pales in comparison to most other cities in the country. The latest S&P CoreLogic Case-Shiller indices, which track repeat sales of the same home, show home prices in the Metro in January rose 11.8% annually, compared with a 19.2% increase in January. national scale. It […]
Equity loans help create new owners
Great Falls will welcome 10 new owners through the NeighborWorks Great Falls Owner Built Homes program. U.S. Senator Jon Tester attended an event Friday at one of the newly built homes touting the program’s success and discussed the ongoing housing crisis both in the city and across the state. “I have to be honest with […]
As Home Prices Soar, Programs Help Close Gap For Black Home Buyers
Family is as important to adults as it is to childrenFamilies make a big difference for teens coming out of the foster care system. 53 minutes ago As Home Prices Soar, Programs Help Bridge the Gap for Black HomebuyersA history of discrimination has prevented so many black families from buying homes and passing on wealth. […]
WHOOSH the purchasing power of the dollar goes to hell as service inflation takes off, food spikes, energy booms, but used cars finally come to a halt
The Fed continues to add fuel to the fire. By Wolf Richter for WOLF STREET. Today’s consumer price index – a measure of how quickly the dollar and everything dollar-denominated, including labour, has lost purchasing power – is a spectacle of horror, such as most Americans have never seen in their lives. The reality on […]
Real estate challenges in Rutherford County
MURFRESBORO, TN (WSMV) – Rutherford County officials told News4 on Monday that the real estate market isn’t what it used to be. Buying a home in Rutherford County is becoming increasingly difficult due to out-of-state real estate investment firms, according to that county’s property appraiser. Rob Mitchell of Rutherford County said that currently 10% of […]
Interest rates, inflation, overheated property prices; it’s a mess over there | RENX
The average selling price of a house in the nation’s capital has doubled in six years. How many people can say the same about their paycheck? Most people who have entered this period of housing bustle, whether in Ottawa or elsewhere, as existing homeowners, have a clear advantage. If their existing home has appreciated at […]
Senate passes bill to grow and diversify cannabis industry
Far-reaching marijuana legislation that targets some of the most persistent issues that activists, regulators, businesses and municipalities say is preventing Massachusetts from realizing the full potential of the 2016 legalization law has been approved in unanimously by the Senate on Thursday, with senators introducing it as both an economic development and racial justice bill. The […]
Real estate transactions for the week of April 10, 2022 | Business premises
The Roanoke Times weekly lists Roanoke Valley real estate transfers as a matter of public record. Bates, Mary C. and Joseph H. Conduff Jr., to Mason F. Totri and Sara A. Hillstrom, 3531 Mud Lick Rd. SW Roanoke VA 24018, $470,000 3/22/2022 Creech, EL III to CMH Homes Inc., 1128 Peters Creek Rd. NW Roanoke […]
Brisbane’s median property value hits record high, jumping more than 40% in some suburbs
Property prices in Queensland are increasingly out of reach for first-time home buyers, with new figures showing values in some suburbs jumped by more than 40% in the 12 months to March. Key points: Greater Brisbane’s median property value rose 32% in the year to March 2022 This equates to an increase of $200,000 to […]
Providence Art Club based on equity and diversity
Step into the Providence Art Club and you step into another world, one that began nearly a century and a half ago. Multiple fireplaces warm its dining room, the walls lit by old gaslight fixtures and paneled in wood fashioned from antique window shutters. Rumor has it that Harry Houdini ate here in the Cabaret […]
Economy: Home prices are rising rapidly in Northwestern Oregon | News
The global pandemic has hit many industries and led to massive unemployment, but homeowners are walking away with a big win. Average residential property sales prices reported by RMLS in January 2022 increased 29.2% to $543,700 in the North Shore region, including Clatsop, Tillamook and Lincoln counties combined, increased by 12 .9% to $434,700 in […]
Navy Federal Credit Union Recognizes Top Performing Real Estate Companies Through Realty Plus® Program
VIENNA, Virginia–(BUSINESS WIRE)–The Navy Federal Credit Union is proud to announce the winners of the 2022 Navy Federal Credit Union SPIRIT Awards, presented at the 2022 Realogy Advantage Network LEAD Conference held at the Diplomat Hotel in Hollywood, Florida, April 4-7. The Navy Federal SPIRIT Award recognizes real estate companies that demonstrate service excellence to […]
Real estate market still hot but could slow down
By SYDNEY BOWLERCapital News Service LANSING – “Almost every offer I made was a shot in the dark, where you just crossed your fingers and prayed and hoped it was accepted,” said Corbin Holwerda of Grand Rapids. Holwerda is a first-time home buyer who has been looking for a home in Grand Rapids since mid-January. […]
House prices in Suffolk continue to rise for now
Published: 07:30 april 8, 2022 Despite the looming cost of living crisis, there are no signs of easing the upward spiral in property prices in the area according to Suffolk estate agents. However, they accept that the current price surge cannot continue at its current pace – and are waiting to see what happens to […]
$5.4 billion group deal with LHC creates home healthcare system for Optum
Last week, UnitedHealth Group (NYSE: UNH) disclosed that it was buying aging-in-place giant LHC Group Inc. (Nasdaq: LHCG) and pairing the provider with its Optum business. In the aftermath of this announcement, one of the most interesting questions to ask was: how will the LHC Group fit in with Optum’s other home-focused offerings? Optum is […]
4 dangerous assumptions that could ruin your retirement
As avid watchers of sitcom reruns (and a real Felix/Oscar combo), my sister and I loved it The odd couple while we were growing up. One of our favorite featured episodes an audience sequence in which Felix (Tony Randall) berates a witness to “never assume” and uses the board to demonstrate what happens when you […]
Kansas City real estate experts react to analysts’ ‘housing bubble’ warning
Kansas City-area real estate experts are responding to last week’s warning from the Federal Reserve Bank of Dallas about a possible housing bubble. -2009 global financial crisis. However, analysts said they did not expect a fallout of the same magnitude as the recession of the late 2000s. In a March 29 article citing real-time monitoring […]
Average house price ‘rises dramatically’ in Worcester
THE average house price has risen significantly in Worcester, according to a real estate agent in the city. Matt Nicol, managing director of real estate agents Nicol and Co, said rising average house prices in the county showed the housing sector was recovering from the pandemic. Worcester house prices rose 6.2% in Worcester to an […]
Apollo, KKR and TPG Among Private Equity Giants Supporting Employee Ownership
A group of major private equity firms have agreed to put shares in the hands of more employees in the companies they own in a bid to tackle income inequality. A coalition of more than 60 groups that also includes banks, pension funds and others has signed on to support a new nonprofit aimed at […]
Home prices rise in January after months of slowing growth, data shows
item House prices rose in January, with a further acceleration in growth ahead of the home buying season in the spring of this year. (Stock) House prices jumped 19.2% per year in January, according to the latest S&P CoreLogic Case-Shiller indexes, a measure of U.S. home prices. This marks the largest annual increase on record […]
Better Homes and Gardens Real Estate expands presence in California — RISMedia
Better Homes and Gardens Real Estate LLC announced the affiliation of Better Homes and Gardens Real Estate McQueen, based in Westlake Village, California. With this affiliation, McQueen becomes the 29and BHGRE practice in California. Founded in 2001 and incorporated in 2003, the company is owned and operated by Thomas and Mary McQueen and serves Westlake […]
New data confirms falling property prices in every major center
New housing market data released today reflects market changes, with volumes and values falling. Nick Goodall, head of CoreLogic research, said the last time home values fell for a long period, they were down 10%. It was from October 2007 to February 2009 during the global financial crisis. The change was well publicized, he said, […]
RenoFi gets $14 million to allow every lender to become a home improvement lender
Leading Renovation Enablement Platform Surpasses $10 billion in the renovation loan application PHILADELPHIA CREAM , April 4, 2022 /PRNewswire/ — RenoFi, the home improvement platform company, today announced $14 million in Series A financing. The round is a strong endorsement of RenoFi’s vision to enable lenders to offer best-in-class financing solutions that better meet the […]
Liberman targets foreign residents in property tax reforms
The Israeli Minister of Finance, Avigdor Liberman, has submitted a draft amendment to the law on real estate taxation for approval by the interministerial body responsible for legislative matters. The aim of the reforms is to cool demand in the housing market and increase supply. Liberman’s reform targets foreign residents who will be […]
Hertfordshire house prices: The 500-year-old house on sale for £1.8m near Royston that is said to have impressed King Henry VIII
Could an ornate 16th century property in Hertfordshire be your next home? The stunning six-bedroom home has just been put up for sale for £1.8million. Hay Farm House is located in the pretty village of Therfield, near Royston. As you approach the property, you will be dazzled by the immensity of this enchanting residence and […]