Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
Source: Fox Business — Wealthy Russian oligarchs are likely investing in U.S. commercial real estate and trying to sidestep sanctions imposed after the invasion of Ukraine last year, according to a warning sent to banks by the Treasury Department’s...
Can Miami Beach Stay Hot After Covid? The Shore Club Redevelopment Might Hold the Answer.
Source: Mansion Global — Architect Robert A.M. Stern is best known for designing buildings for the wealthiest New Yorkers. Some of the largest residential deals in the U.S. have been at his towers overlooking Manhattan’s Central Park. Now, Mr. Stern’s eponymous...
‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’
Source: Yahoo! — Mortgage rates have tumbled to their lowest level since mid-September, drawing eager homebuyers out of their winter retreats. “Home purchase demand is thawing from the months-long freeze that gripped the housing market,” says Sam Khater, chief...
“I had to look for another job to pay the mortgage after the interest increase”
Source: World Nation News — Added to the increase in shopping cart prices is the increase in interest rates, which is causing trouble for mortgage holders. In just one year, Euribor has gone from negative (-0.56% on January 24, 2022) to over 2% (specifically,...
Real Estate News
The Industrial Town That’s Become Australia’s Hideout for the Ultra Wealthy
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https://wrenews.com/?p=22872
Experts bash Goldman Sachs prediction of a 2008-level housing crash
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https://wrenews.com/experts-bash-goldman-sachs-prediction-of-a-2008-level-housing-crash/
Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
#realestate
https://wrenews.com/?p=22867