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Real Estate
Mortgage Rates Rise, Over 7% since Early April, Buyers Remain on Strike, Housing
Stuck with a 6% or 7% mortgage that was supposed to be refinanced? The Fed is counting on them to help bring inflation down.
By Wolf Richter for WOLF STREET.
The over-7%…
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AED 139 Million Penthouse Sells in a Record Deal for Dubai’s Burj Khalifa
A mansion-sized Dubai penthouse has sold for AED 139 million (US$37.8 million), a record high for the neighborhood surrounding the city’s iconic Burj Khalifa…
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An ‘incredible trend,’ economists say
Homebuyers willing to brave today’s high mortgage rates might at least be delighted to find that they have plenty of homes to consider.
In the latest monthly…
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Investor home purchases jump for the first time in two years
Consumers confronted with high housing prices sometimes point to private equity when buying homes as a contributing factor. However, experts say that while the housing market…
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Milwaukee apartments for homeless sold to new owner. Last one walked away
A downtown apartment building developed for people who are unhoused, which faced turmoil last year when its operator walked away, has been sold.The 63-unit St. Anthony's…
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House unveils $6.2b bill, no transfer tax
The House’s version of the bill would allow the state to borrow $2 billion more than what Healey sought in her own version of the bill, making the “largest investment in…
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Coldwell Banker Cutten Realty Announces New Ownership as It Celebrates 50 Years
Press release from Coldwell Banker Cutten Realty:
Coldwell Banker Cutten Realty is excited to announce long-time agents Joe Matteoli and Jill Macdonald are the new owners of…
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Tokenization of real estate: evaluating the promise of securitization
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial.
As it gained traction…
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New York is getting much-needed housing relief
New Yorkers despairing about the housing-supply crisis can breathe a small sigh of relief thanks to much-needed state legislation passed in April. In a negotiating…
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Millions face higher house payments as adjustable-rate mortgages convert
by: Rich Johnson
Posted: Jun 1, 2024 / 11:00 AM EDT
Updated: May 31, 2024 / 10:08 AM EDT
(NewsNation) — It’s not expected to be as bad as…
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