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Homes purchased by all-cash buyers: How is this trend unfolding in the U.S. real estate market?
Source: SiLive.com --- STATEN ISLAND, N.Y. -- At the height of the coronavirus (COVID-19) pandemic, hordes of frenzied home buyers snapped up real estate at an alarming rate, swooping in with astounding all-cash offers to secure property in a rather unconventional...
The mortgage rate you get depends partly on your credit score. Here’s what to expect
Source: CNBC --- Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several...
ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker
Source: Yahoo! Finance --- FI Real Estate CEO and Broker Filippo Incorvaia joins Yahoo Finance Live to discuss how AI is helping real estate brokers and impacting the housing industry. Video Transcript BARBARA CORCORAN: It's not just agents in real estate. Everybody...
Seven secrets about Santa Ynez Valley real estate market
Source: Santa Barbara News-Press --- Here are seven reasons why people want to live in the Santa Ynez Valley: 1. Value. It is less expensive than Santa Barbara and only 30 miles away. Nearly everyone lives in the Santa Ynez Valley by choice when many could live...
Real estate isn’t an alternative — it’s a core investment
Source: Investment News --- You can hardly browse or tune into the financial news without real estate being presented as an “alternative” investment. And yes, real estate has unique investment characteristics that set it apart from asset classes like stocks and bonds....
Civil Forfeiture Complaint Filed Against Six Luxury Real Estate Properties Involved In Sanctions Evasion And Money Laundering
Source: United States Department of Justice --- Complaint Seeks Forfeiture of Properties Worth Approximately $75 Million Owned by Viktor Vekselberg and Maintained by Fugitive Vladimir Voronchenko Damian Williams, the United States Attorney for the Southern District...
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