International News
California Man Sentenced for Belize-Based Real Estate Scam
Andris Pukke was convicted of wire fraud and obstruction of justice on July 10. Continue Reading California Man Sentenced for Belize-Based Real Estate Scam
Corcoran Group Announces New German Franchise
The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer. Continue Reading Corcoran Group Announces New German Franchise
Opteon Announces Expanded Consumer Appraisal Offerings
Opteon, an international provider of valuation, advisory, and property services, has announced the expansion of its direct-to-consumer business model. This expansion will provide homeowners and buyers, as well as real estate, legal, and tax professionals, with the...
Australia Recession Risk Rises as RBA Seen Hiking More Than Fed
Source: Bloomberg --- Reserve Bank of Australia chief Philip Lowe’s expectation of further interest-rate rises ahead has prompted economists and money markets to narrow the odds of a recession in the $1.5 trillion economy. There is now a better than one-in-three...
What are the equity release options for you?
Source: The Irish News --- HAVING covered equity release in as much detail as I could over the last few weeks, I'll now detail the options available for those of you considering releasing equity. There are two types of equity release (although I could argue that...
Australians unleash on The Barefoot Investor over his brutal advice as they struggle to pay off their mortgages: ‘I’ve started lining up at food bank so our children can have fruit and bread’
Source: Daily Mail --- Aussies have lashed out at the Barefoot Investor Scott Pape after he told homeowners they need to take some of the blame for their own decisions as interest rates soar. Earlier this month, a homeowner named Ben wrote to the financial investment...
Quarter of people have seen housing costs rise in past three months as increasing rent and mortgage rates put pressure on household finances
Source: This Is Money --- A quarter of British adults have seen the cost of their mortgage or rent increase over the past three months, with 18–34-year-olds the most likely to be affected. Meanwhile only 3 per cent of people saw their rent or mortgage payments...
Growing your real estate business abroad? Consider a helping brand
Source: Inman --- In today’s global business landscape, taking the right name — and all that comes with it — can make all the competitive difference. More than a name and a pretty logo, a brand is a feeling — purchased in trust, maintained by consistency, and...
How does the housing market affect UK productivity?
Source: Economics Observatory --- Where we live – and how much that costs us – affect our ability to work, to find suitable jobs and to access good schools. House prices also influence whether money is invested in property or in developing businesses. All this means...
China’s banks raise mortgage age limit to octogenarians, dipping into pensions of elderly buyers to prop up sagging sales
Source: South China Morning Post --- Alfred Chen, a 44-year-old engineer in Hangzhou, had been thinking about moving to a bigger home and taking his parents with him. An extra bathroom for the elderly parents would be great, he thought. He had kept an eye on the...
Real estate agents are telling prospective renters they’ll have a better chance if they offer more. Here’s why that’s legally murky
Source: ABC News --- Sophie* and her partner are relieved to have a roof over their heads after a nightmare experience looking for a rental in inner Brisbane. With their lease coming to an end, Sophie turned all her attention to finding a new place. A two-bedroom unit...
How low will house prices go? Lessons from UK, US, Europe and elsewhere
Source: The Guardian --- Across the world house prices are breaking records – but this time it is because of how fast they are falling. Houses in Stockholm are now selling for 20% less than their peak, Sydney prices are down by almost 14% over the year, while in San...
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