A new study by Realtor.com indicates the week of April 16 through 22 is the best time for homeowners to sell, plus they could get $48,000 more for their home during that week than if they sold at the beginning of the year. A combination of higher prices, fewer homes on the market, faster sales…
Queensland to Cap Rent Increases to Once a Year
March 27, 2023
admin
Annastacia PalaszczukAustraliaBusiness & Marketseconomic policiesGlobal Real Estatehousing affordabilityQueenslandreal estateWorld
0 Comment
Landlords will only be allowed to increase rents once a year under a proposal by the Queensland Labor government. Premier Annastacia Palaszczuk made the announcement prior to the second Housing Summit on March 28, which brings the state in line with Victoria and South Australia. “Today we’re taking action to give people who are renting…
Housing Market in Tech Hubs Cooling Faster Than Other Parts of US: Report
Housing markets in tech hubs and pandemic-migration hotspots are cooling faster than other parts of the United States amid a wave of layoffs in the technology sector and elevated mortgage rates, according to real estate broker Redfin Corp’s report on Monday. Redfin round out the top 10 metropolitan areas that cooled the fastest based on how…
Is Being a Landlord Worth It?
Real estate has been a popular investment for a very long time—for those who can afford it. But in recent years, trends such as house flipping, “house hacking” (living in one room of a property while renting out the others) and short-term vacation rentals have made real estate investment much more accessible, especially for millennials…
Walls Closing in on Labor’s $10 Billion Social Housing Fund
The federal government is pleading for crossbench support for its social housing fund, arguing rising homelessness levels require urgent action. Opposition is mounting to the $10 billion Housing Australia Future Fund, which risks defeat in the Senate unless its ambitions are ratcheted up in line with crossbencher demands. The Greens and independent senators David Pocock…
Home Prices Drop, Breaking 11-Year Streak of Increases
The longest streak of rising home prices on record was broken in February when the median price of a home in the United States dipped by 0.2 percent in annualized terms. The National Association of Realtors (NAR) said Tuesday that the median existing home price was $363,000 in February, down 0.2 percent from $363,700 recorded…
Reparations Are a Statist Cudgel for Bludgeoning Property Owners
March 21, 2023
admin
OpinionOwnershippropertyproperty rightsracial discriminationRacial injusticereal estatereparationsslaveryViewpoints
0 Comment
Commentary San Francisco’s panel on reparations has issued a recommendation that qualified black residents in that city receive $5 million in reparations for the financial effects of slavery and/or racial discrimination. There was never slavery in the city of San Francisco, but the panel nevertheless suggested that city inhabitants must atone for racial discrimination. Such calls for…
Australian Capital Territory Bans ‘No-Cause’ Evictions
March 21, 2023
admin
AustraliaAustralian Capital TerritoryBusiness & MarketsCANBERRAeconomic policiesGlobal Real Estateno-cause evictionreal estaterental marketShane RattenburyWorld
0 Comment
Landlords in the nation’s capital will be allowed to evict tenants only for government-approved reasons after Labor and the Greens passed its no-cause eviction laws. Attorney-General Shane Rattenbury said the move was designed to deal with the challenging rental market in the Australian Capital Territory (ACT). “We have heard from the community that no-cause evictions…
Labor’s Housing Bill at Risk of Defeat as Crossbench Demand More Social Housing Funds
March 21, 2023
admin
Affordable HousingAustraliaBusiness & Marketseconomic policiesGlobal Real Estatehousing fundInternationalreal estatesocial housingWorld
0 Comment
As the federal government tries to push through a swathe of new laws this fortnight, its $10 billion (US$6.7 billion) Housing Australia Future Fund is at risk of being shot down by the crossbench. Under Labor’s proposed law, a cap of $500 million a year will be applied to funding for building new social and…
Raising Your Credit Score Can Save Thousands on a Mortgage
March 20, 2023
admin
Brightbudgetingcredit scoreCredit Scoresdown paymenthome loaninvestingmortgagepersonal financereal estate
0 Comment
Before you buy a home and get a mortgage, there are ways to ensure you get a better deal from a lender. The difference can save you many thousands of dollars throughout your mortgage. Taking time to raise your credit score beforehand can enable you to get the better terms you want. The Savings Potential…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`