“Worsening affordability appears to be having an impact on demand, which could lead to prices plateauing or even correcting modestly in some markets,” one pro told MarketWatch Picks. Getty Images/iSto...
Tag: Property
China Property Crisis Is Spiraling With Homebuyers’ Boycott
(Bloomberg) — Former UBS Group AG economist Jonathan Anderson once called it “the most important sector in the universe.” Most Read from Bloomberg More than a decade on, Chinese property is agai...
Home builders cut prices and slow construction as buyers pull back, survey shows
Home builders are feeling jittery. That’s according to a June survey of home builder sentiment by John Burns Real Estate Consulting. Demand for new homes is cooling as buyers cancel orders, and builde...
Paid Off College and the Mortgage? Here’s How to Allocate Your Freed Up Cash.
Retirement savers who’ve paid off their mortgage or have made their last college payment should take a moment to celebrate. Then they should get busy putting their newfound windfall to work. Given th...
A Landmark NFT Lawsuit Seeks To Determine How Creators, Owners, And Investors Can Protect Their Intellectual Property And Monetize Assets Moving Forward
NEW YORK, NEW YORK – JUNE 20: Billboards display Bored Ape Yacht Club NFT art in Times Square during the 4th annual NFT.NYC conference on June 20, 2022 in New York City. (Photo by Noam Galai/Get...
I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now
As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the Nat...
Biden Administration Weighs Move to Trim Mortgage Costs as Home Prices Rise
WASHINGTON—The Biden administration is weighing a move to trim mortgage costs for first-time and lower-income buyers, a bid to boost affordability when average home prices are at an all-time high. Pre...
Will mortgage rates soon hit 7%? What economists and real estate pros say
Will mortgage rates rise? Getty Images/iStockphoto Mortgage rates have been on a steady climb upwards: While they started the year at around 3.5% for a 30-year fixed-rate mortgage, they’ve since climb...
Protect NFT investors: English High Court acknowledged NFTs to be considered property
The English High Court acknowledged for the first time in a significant decision1 that there is a debatable case that non-fungible tokens (NFTs) should be considered as property under English law. Th...
Cathie Wood: the importance of digital property rights
Today’s NFT News includes a speech by Cathie Wood, CEO of Ark Invest, who claims that digital property rights related to Non-Fungible Tokens and DeFi, “will become incredibly important”. Not only that...
Billionaire Hui Ka Yan’s Evergrande Faces First Winding-Up Lawsuit In Restructuring Process
Hui Ka Yan, chairman of China Evergrande Group.(Photo by Paul Yeung/Bloomberg) © 2019 Bloomberg Finance LP Billionaire Hui Ka Yan’s embattled China Evergrande Group has been hit with its first known w...
This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks
By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one th...
I’m the COO of a mortgage company that’s funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market now
Steve Reich Mortgage rates climbed above 6% last week, according to Bankrate data, with some pros saying they may go higher. (You can see the lowest mortgage rates you may qualify for here.) On top of...
UK property developer launches first tokenised real estate project valued at £140 million
United Kingdom-based property developer Knight Dragon has announced the launch of the first property tokenisation project in London with a valuation of £140 million. The company noted that the projec...
UK property company insolvencies soar as interest rates rise
The number of UK property companies falling into insolvency has soared in the past few months, as investors who were weakened by the pandemic now face being killed off by rising interest rates. In the...
Capital Gains on Inherited Property: What It’ll Cost You
An inheritance is a windfall that can absolutely help someone’s financial situation — but it can make your taxes tricky. If you inherit property or assets, as opposed to cash, you generall...
London Residential Director Says Property Is Better Investment Than Crypto
As the crypto economy wobbles into deep water, it seems the trend where investors who once favored cryptocurrencies, including Bitcoin(BTC), is coming to an end, believes one realtor. Clynton Nel, a R...
‘I feel bad that I’ll be taking most of his income’: I make twice what my boyfriend does. He pays me $300 in rent, but I want him to pay $800. Is that fair?
Dear Quentin, My boyfriend and I have been together seven years, and in that time I bought a house. I used my own savings and spent about $10,000 on renovations. My house is a three-bedroom family hom...
Realtor dismisses Bitcoin as a hedge asset, says crypto carnage is good for property
There was a period when some investors favored Bitcoin (BTC) and other cryptocurrencies over property; but, a shaky economy suggests that this trend may soon be coming to an end according to one realt...
Tycoon Charoen Sirivadhanabhakdi’s Frasers Property To Buyout Hotel REIT In Deal Valued At $970 Million
Charoen Sirivadhanabhakdi, chairman of Thai Beverage, appears with his daughter Wallapa … [+] Sirivadhanabhakdi during the relaunch ceremony of Pantip Plaza IT Shopping Mall in Bangkok. Piti A S...
Hot Housing Market Keeps Home Foreclosures at Bay
The U.S. moratorium on home foreclosures ended nearly a year ago, but the sizzling housing market is still protecting many delinquent mortgage borrowers from losing their homes. The pandemic that wipe...