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6-month period brings financial storm for many

6-month period brings financial storm for many

by Third Party | Aug 3, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Pensions And Investments —  Defined contribution money managers, like their plan sponsor clients and the millions of U.S. workers who save for retirement with them, are navigating a much different world in mid-2022 than they did at the end of 2021....
Office leasing slows in one of the city’s major business districts

Office leasing slows in one of the city’s major business districts

by Third Party | Aug 2, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Politico —  Visitors are returning to Lower Manhattan, boosting area hotels and retail — but more than two years into the pandemic, office vacancies remain high and asking rents are inching down in one of the city’s major business districts. A new...
5 keywords clients want to see in listing descriptions — and what to avoid

5 keywords clients want to see in listing descriptions — and what to avoid

by Third Party | Aug 2, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Inman —  Making the perfect listing is no easy feat — especially when incorporating search engine optimization. Here’s how to maximize your next listing with the keywords your clients are looking for. In luxury real estate, prospective clients have...
Poland’s mortgage holiday for households threatens bank profits

Poland’s mortgage holiday for households threatens bank profits

by Third Party | Aug 2, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: FT.com —  As inflation soars and recession looms in Poland, a break from mortgage payments will be a much-needed reprieve for Jakub Rdzanek and his wife. The couple have seen their monthly home loan bills soar more than 70 per cent since the start of the...
Bank of England scraps mortgage affordability test

Bank of England scraps mortgage affordability test

by Third Party | Aug 2, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: The Guardian —  Thousands of potential homebuyers may find it easier to get on to the property ladder after a key mortgage affordability test was scrapped by the Bank of England. The central bank has said the change – taking effect from 1 August – should...
China Banks May Face $350 Billion in Losses From Property Crisis

China Banks May Face $350 Billion in Losses From Property Crisis

by Third Party | Aug 1, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Bloomberg —  China’s banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nation’s property market and authorities struggle to contain deepening turmoil. A spiraling crisis of stalled projects has dented the...
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