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...
The Industrial Town That’s Become Australia’s Hideout for the Ultra Wealthy
Source: Mansion Global — If you’ve ever come across the name Byron Bay, you’d be forgiven for thinking that this small, laid-back surfer’s town is within driving distance of Hollywood. After all, actor and Aussie native Chris Hemsworth, his wife, actor and...
UAE real estate defied global trends to have stellar year in 2022
Source: Arabian Business — The UAE defied global market trends to score an exceptional year, according to market analysis by CBRE. Dubai real estate, in particular, saw an impressive rise with property prices up 9.5% and more than 90,000 transactions recorded....
Chinese buyers return to the market
Source: Domain — Now China has finally flung open its doors again, Australia can expect a major influx of cash into its housing market. A new report into overseas residential real estate spending intentions has found that around $4.8 billion of funds is likely...
What’s Next For UK Mortgage Rates?
Source: Forbes Advisor — The Bank of England raised interest rates on 15 December from 3.0% to 3.5%. The 0.5 percentage point increase marked the ninth rise since December 2021 when Bank rate stood at just 0.1%. It put the Bank rate at its highest level since...
Real Estate News
Can Miami Beach Stay Hot After Covid? The Shore Club Redevelopment Might Hold the Answer.
#realestate
https://wrenews.com/?p=22846
'Good news' for the spring homebuying season as mortgage rates melt, but economists warn 'finding a deal remains an elusive quest'
#realestate
https://wrenews.com/?p=22856
“I had to look for another job to pay the mortgage after the interest increase”
#realestate
https://wrenews.com/?p=22851