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Canada to Ban Foreigners From Buying Homes as Prices Soar

Canada to Ban Foreigners From Buying Homes as Prices Soar

by Third Party | Apr 7, 2022 | Industry Updates, News/Current Events, Real Estate News

  Bloomberg—  Canada will ban most foreigners from buying homes for two years and provide billions of dollars to spur construction activity in an attempt to cool off a surging real-estate market.  The measures will be contained in Finance Minister Chrystia...
Bitcoin-collateralized mortgage launched by cryptofinance firm

Bitcoin-collateralized mortgage launched by cryptofinance firm

by Third Party | Apr 7, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: National Mortgage News —  XBTO Group, a Miami-based crypto finance platform and asset manager, unveiled its bitcoin-collateralized mortgage offering this week. The company plans to offer the product to home buyers making purchases valued at $1 million or...
Bill would ban so-called real estate love letters in Rhode Island

Bill would ban so-called real estate love letters in Rhode Island

by Third Party | Apr 7, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: 10 WJAR—  They are known as love letters — emotional and personal appeals to homeowners from prospective buyers hoping for a leg up in a hot housing market. State Rep. Terri Cortvriend, D-Middtown, has proposed a bill to ban them as a way to...
Reverse Mortgages – The Good, The Bad and The Misunderstood

Reverse Mortgages – The Good, The Bad and The Misunderstood

by Debbie Bloyd | Apr 6, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

What am I doing with my day today and most days?  Mortgages – all kinds of mortgages.  I have been a mortgage broker over 25 years now and it always amazes me of the information that is out there, it always has a slant on it.  There is always a bias on whether it is...
There Are 9,000 Real Estate Agents in the Portland Area. Are You Next?

There Are 9,000 Real Estate Agents in the Portland Area. Are You Next?

by Third Party | Apr 6, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Portland Monthly —  In an industry where there’s no cap to how much you can earn, there’s bound to be a lot of competition—who wouldn’t jostle for a chance to make it big in real estate? That’s especially true in a city like Portland, with housing...
Manhattan residential real estate sales hit a record $7.3 billion in the first quarter

Manhattan residential real estate sales hit a record $7.3 billion in the first quarter

by Third Party | Apr 6, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: CNBC —  Manhattan residential real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing, according to new sales data. There were 3,585 sales in the first quarter, the...
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