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US home sales slump to record low in 12 years
Source: India Today --- US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious optimism that the embattled housing market could be close to finding a floor. The report from the National Association of Realtors on...
Foreign Buyers Are Descending on Turkey’s Idyllic Coastal Town Kas
Source: Mansion Global --- The seaside town of Kas in Turkey’s Antalya province has an alluring coastal location, romantic Mediterranean looks and a history dating back to the 6th century B.C. The serene resort town is set along a wide bay and the Çukurbag (or Kas)...
Wells Fargo Steps Back From Mortgage Market
Source: The Motley Fool --- Plus, we take a look at "key person risk" and what investors need to know. In this podcast, Motley Fool senior analyst Asit Sharma discusses: Wells Fargo, once the biggest player in mortgages, announces it is making a strategic shift. The...
Hong Kong property investment activity to bounce back in 2023 as investors hunt for bargains, analysts say
Source: South China Morning Post --- Hong Kong’s property investment volume is expected to rise by up to 15 per cent this year from a 10-year low, as investors cautiously hunt bargains after significant price corrections amid rising interest rates, analysts said....
Inside Real Estate Announces the Acquisition of BoomTown
Source: Yahoo! --- Top real estate tech companies join forces to create an industry leading real estate technology and services provider MURRAY, Utah, Jan. 20, 2023 /PRNewswire-PRWeb/ -- Inside Real Estate, one of the fastest-growing independent real estate software...
Mortgage Rates Drop to Lowest Point in 4 Months
Source: U.S. News --- The average 30-year fixed mortgage rate fell to 6.46% this week, the lowest it's been since September 2022. Mortgage rates declined across the board this week, with the average fixed rate on a 30-year mortgage falling to 6.46%. This is the lowest...
