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Czech central bank gets tougher in mortgage lending rules amid property boom
Source: Housing Wire --- The Czech National Bank will reintroduce limits on mortgage lending using new legislative powers and also raise the countercyclical capital buffer (CCB) rate for banks to counter relaxed conditions amid a property price boom. The central bank...
4 Trends That Could Upend The U.S. Housing Market
Source: Seeking Alpha --- In the previous blog, we shared that the COVID-driven homebuying surge has waned. Could things get worse? Let's take a look. Fewer customers for single family homes Contrary to popular belief, the COVID lockdowns had a negative impact on...
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Judge Arthur Engoron also barred the Trump from serving as an officer or director of any New York corporation for three years. Continue Reading Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Justice Department Objects to Settlement in Real Estate Commission Case
The judge is not obligated to reject the settlement because of the DOJ’s concerns. Continue Reading Justice Department Objects to Settlement in Real Estate Commission Case
Hits and Misses for the Real Estate Week of Feb. 12-16
This week’s Hits and Misses considers the MBA chief’s take on Biden housing policies, Toronto mayor’s defense of a massive residential property tax and an unlikely setting for weddings. Continue Reading Hits and Misses for the Real Estate Week of Feb. 12-16
Clever Real Estate Debuts Title and Escrow Subsidiary
Clever Title’s online portal offers real-time tracking, online document storage, and full digital encryption. Continue Reading Clever Real Estate Debuts Title and Escrow Subsidiary
California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months
January marked the first time in 10 months the median price was below $800,000. Continue Reading California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months
Housing Starts Down for January
Single‐family housing completions were 16.3% below the revised December rate of 1.02 million. Continue Reading Housing Starts Down for January
Westfield Sued for Trying to Terminate Lease on NYC’s Fulton Center
Westfield was awarded the operating rights in December 2013 and the hub opened nearly a year later. Continue Reading Westfield Sued for Trying to Terminate Lease on NYC’s Fulton Center
Atlanta Fed Chief on Delaying Rate Cuts: ‘Victory is Not Clearly in Hand’
Bostic stated the nation’s economy was in “a good spot, even an enviable spot compared to other major economies.” Continue Reading Atlanta Fed Chief on Delaying Rate Cuts: ‘Victory is Not Clearly in Hand’
Rod Stewart Discounts His Beverly Hills Estate from $80 Million to $74 Million
Stewart acquired the nearly three-acre property in 1991 for $12 million. Continue Reading Rod Stewart Discounts His Beverly Hills Estate from $80 Million to $74 Million
Reynolds Asset Management Closes Refinancing Loan on New Jersey Multifamily Complex
The refinanced loan is structured as a bridge-to-perm, retiring the in-place construction loan. Continue Reading Reynolds Asset Management Closes Refinancing Loan on New Jersey Multifamily Complex
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