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Czech central bank gets tougher in mortgage lending rules amid property boom

Czech central bank gets tougher in mortgage lending rules amid property boom

by Third Party | Nov 28, 2021 | Real Estate Agent Tools, Real Estate News

Source: Housing Wire —  The Czech National Bank will reintroduce limits on mortgage lending using new legislative powers and also raise the countercyclical capital buffer (CCB) rate for banks to counter relaxed conditions amid a property price boom. The central...
Count your pandemic-related mortgage blessings

Count your pandemic-related mortgage blessings

by Third Party | Nov 27, 2021 | Mortgage Information, News/Current Events

Source: Orange County Register —  Time for the holiday season-celebrations, starting with the Thanksgiving kickoff festivities, with all its trimmings and blessings. Hanukkah lights it up early this year, with the first candle on Saturday night. A fast month...
Metaverse Land Prices Mirror Real-World Real Estate as Investors Flock to Virtual Worlds

Metaverse Land Prices Mirror Real-World Real Estate as Investors Flock to Virtual Worlds

by Third Party | Nov 27, 2021 | Industry Updates, Mortgage Information, Real Estate News

Source: PYMNTS —  Thinking about building a club or a casino or a virtual storefront in the metaverse? Better talk to a broker, because at least some of that augmented reality (AR) land is priced through the roof. On Tuesday (Nov. 23) Reuters reported that...
This $2.4M virtual land deal is largest ever for digital real estate

This $2.4M virtual land deal is largest ever for digital real estate

by Third Party | Nov 27, 2021 | Industry Updates, Real Estate News

Source: The Real Deal —  The burgeoning digital real estate market is heating up. A virtual “estate” in Decentraland, one of the two dominant metaverses, changed hands on Nov. 23 for a record sum — the equivalent of $2.4 million at the time. Tokens.com Corp.,...
A housing crisis in China would look nothing like what’s happening in the US — it could wipe out entire families instead of one generation

A housing crisis in China would look nothing like what’s happening in the US — it could wipe out entire families instead of one generation

by Third Party | Nov 27, 2021 | News/Current Events, Real Estate News

Source: Business Insider —  It’s not a great time to be a millennial trying to buy a home. Millennials are supposed to be in their prime homebuying years right now, but instead, they’re priced out of urban markets and facing the prospect of renting...
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