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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...
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...
Only Two Homes In Jackson Under $1 Million; Real Estate Prices Doubled In Last 18 Months

Only Two Homes In Jackson Under $1 Million; Real Estate Prices Doubled In Last 18 Months

by Third Party | Apr 6, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Cowboy State Daily —  Real estate prices have more than doubled in Teton County in the past 18 months and properties selling for less than $1 million are increasingly rare in the county’s limited housing inventory, according to a report by a Jackson real...
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...
House flippers could be taxed under proposed CA bill

House flippers could be taxed under proposed CA bill

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

Source: KCRW —  Any Californian who is searching for a new home or is a fan of scrolling through Zillow is well aware that California’s real estate market is red hot. With an explosion of demand mixed with limited inventory, home prices have skyrocketed in...
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