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4 Real Estate Trends Smart Investors Are Watching for 2022
Source: The Motley Fool--- The past couple of years have been anything but ordinary for real estate investments. Last year, in response to the COVID-19 pandemic slowdown, the Federal Reserve slashed interest rates to record lows and mortgage rates followed. Many...
Lawmakers advance real estate transfer tax proposal
Source: Wyoming News --- CHEYENNE – Though it may not appeal to all parts of Wyoming, legislators pushed forward a bill this week that would allow for a local option 1% tax on real estate sales over $1 million. The Joint Revenue Committee voted 8-4 Wednesday to...
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million
Source: News Bitcoin --- Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit the Market’ Ledn announced Wednesday “the impending launch of a bitcoin-backed mortgage product,” which the company says is “the first product of its kind to hit the market.” The...
Omicron Variant Hits the Luxury Real Estate Market
Source: Realtor --- The recent volatility in the stock market and cryptocurrencies, fueled by anxiety over the omicron variant, has some would-be homebuyers pressing pause on pricey real estate purchases. That’s been the case for New York native Neil Kapoor, 36, who...
What You Should Know About Mortgage Prepayment Penalties
Source: Forbes --- Purchasing a real estate property through a mortgage is a substantial financial commitment and thus, the underlying terms and conditions should not be ignored. The property buying process includes contractual agreements that may indicate mortgage...
Will the Real Estate Market Crash in 2022?
Source: Tap Into Randolph --- Overall, New Jersey home prices will continue rising through 2022, but are expected to fall in 2023 as inflation and/or a possible recession take the bloom off the housing market, according to NJ real estate guru Jeffrey Otteau, president...
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