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Talking Business: Meet the New York real estate mogul behind some of the area’s hottest properties

Talking Business: Meet the New York real estate mogul behind some of the area’s hottest properties

by Third Party | Oct 14, 2022 | Real Estate Agent Tools, Real Estate News

Source: NOLA.com —  One of the most successful real estate developers and commercial property owners in the local market is a New York-based investor you’ve probably never heard of: Jeffrey Feil. Among the Feil Organization’s vast holdings are historic Manhattan...
What Is Metaverse Real Estate?

What Is Metaverse Real Estate?

by Third Party | Oct 14, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: Binance Academy —  Introduction The concept of the metaverse and digital real estate go hand in hand. But like many crypto trends, media coverage hasn’t provided sufficient clarity. Just as it is with any other investment, it’s crucial to grasp the...
The housing market is backfiring on home flippers

The housing market is backfiring on home flippers

by Third Party | Oct 14, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: KSL —  SALT LAKE CITY — The U.S. housing market has turned, and it’s starting to backfire on home flippers. Mortgage rates are now hovering around 7%, further straining housing affordability and pricing buyers out of the market. Meanwhile inflation...
Chinese homeowners in a rush to clear mortgages early as consumers turn pessimistic over economic outlook

Chinese homeowners in a rush to clear mortgages early as consumers turn pessimistic over economic outlook

by Third Party | Oct 14, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: South China Morning Post —  Aki Wang made a resolution on her 35th birthday in June. She vowed to pay off her 25-year mortgage before she turns 40, which will save her close to 1 million yuan (US$140,535) in interest payments. “I pay 5.1 per cent...
October mortgage rates will continue to rise, haunting home buyers

October mortgage rates will continue to rise, haunting home buyers

by Third Party | Oct 13, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: News Nation Now —  (NerdWallet) – Mortgage interest rates are likely to keep on rising in October. Projecting the trend for mortgage rates this month isn’t particularly tricky, but it doesn’t look like there’ll be any treats, either. While we don’t face...
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