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US Housing Market Cooling Off from West to East
Source: Fitch Ratings --- Fitch Ratings-New York-10 October 2022: Fitch Ratings estimates that U.S. home prices were overvalued by 12.2% for 2Q22 on a population-weighted average basis, according to a new Fitch Ratings report. Fitch expects that the overvaluation will...
Talking Business: Meet the New York real estate mogul behind some of the area’s hottest properties
Source: NOLA.com --- One of the most successful real estate developers and commercial property owners in the local market is a New York-based investor you’ve probably never heard of: Jeffrey Feil. Among the Feil Organization’s vast holdings are historic Manhattan high...
What Is Metaverse Real Estate?
Source: Binance Academy --- Introduction The concept of the metaverse and digital real estate go hand in hand. But like many crypto trends, media coverage hasn't provided sufficient clarity. Just as it is with any other investment, it’s crucial to grasp the idea of...
The housing market is backfiring on home flippers
Source: KSL --- SALT LAKE CITY — The U.S. housing market has turned, and it's starting to backfire on home flippers. Mortgage rates are now hovering around 7%, further straining housing affordability and pricing buyers out of the market. Meanwhile inflation continues...
Chinese homeowners in a rush to clear mortgages early as consumers turn pessimistic over economic outlook
Source: South China Morning Post --- Aki Wang made a resolution on her 35th birthday in June. She vowed to pay off her 25-year mortgage before she turns 40, which will save her close to 1 million yuan (US$140,535) in interest payments. “I pay 5.1 per cent interest on...
October mortgage rates will continue to rise, haunting home buyers
Source: News Nation Now --- (NerdWallet) – Mortgage interest rates are likely to keep on rising in October. Projecting the trend for mortgage rates this month isn’t particularly tricky, but it doesn’t look like there’ll be any treats, either. While we don’t face the...
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