Current News & Events
Trump Organization to Develop Luxury Hotel Resort in Maldives
The resort is set to open by the end of 2028. Continue Reading Trump Organization to Develop Luxury Hotel Resort in Maldives
Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Kugler had been working with US Government Ethics Office officials since September 2024 to resolve her violations of trading policies. Continue Reading Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Okanagan real estate market year in review
Source: Global News --- The Okanagan real estate market went through extreme growing pains this year. According to the Association of Interior Realtors (AIR) the market at the beginning of 2022 was quite pressurized due to an influx of people moving to B.C.’s Southern...
‘We Are Entering The Best Real Estate Market Opportunity Since 2008’: Why This Billionaire Investor Is Aggressively Buying Income-Producing Properties
Source: Yahoo! Entertainment --- If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest rates continue to rise to around...
Canada enacts 2-year housing ban for non-residents in 2023
Source: KSL --- OTTAWA — "I'm moving to Canada," is a common refrain, often heard whenever Americans find themselves frustrated with U.S. politics. But keep in mind, Canada is dealing with its own housing affordability crisis — and as The New York Times reported...
Mortgage rates increase after six weeks of declines
Source: Yahoo! News --- Mortgage rates increased this week, breaking their six-week streak of declines just ahead of the new year. The average rate on the 30-year fixed mortgage rose to 6.42% from 6.27% the week prior, according to Freddie Mac. That marked the first...
Home buyers see ‘no benefit’ from housing prices, mortgage rates: Expert
Source: Yahoo! News --- William Raveis Mortgage Regional Vice President Melissa Cohn joins Yahoo Finance Live to discuss housing affordability, consumers drawing down their savings, and the outlook for the housing market. Video Transcript [AUDIO LOGO] BRAD SMITH: US...
We’re in the second biggest home price correction of the post-WWII era—here’s the latest data
Source: Yahoo! --- Speaking to reporters in September, Fed Chair Jerome Powell made it clear that going forward the U.S. housing market would get "reset" by a "difficult correction." "Houses were going up at an unsustainable fast level. So the deceleration in housing...
What’s Listing And What’s Selling Right Now In The U.S. Real Estate Market
Source: Forbes --- Despite a slowdown from the previous year’s frenzy, the United States luxury real estate market is still soldiering on with new listings popping up and big-ticket sales happening everyday. Here’s a glance at five distinct markets across the country...
A Beginner’s Guide To Investing In Commercial Real Estate
Source: Forbes --- Commercial real estate (CRE) investing is quite different from the stock market. However, similar strategies and risks still apply. Many investors like the appeal of CRE because it has the potential to generate higher returns and offers added tax...
Real estate in 2023: Best, worst locations to move to in the new year
Source: Fox Business --- El Paso, Texas, and Detroit may be the most affordable markets to move to in 2023, but that doesn't make them the best investment, according to Redfin chief economist Daryl Fairweather. Uncertainty surrounding the economy — coupled with high...
US housing in 2023 won’t be a buyer’s market or a seller’s market
Source: Quartz --- The Federal Reserve hammered both sides of the housing market in 2022. Rising mortgage rates kept home purchases out of reach for many, while higher building costs made it difficult for sellers to reduce the prices of new homes. The National...
