China’s borders have recently reopened for the first time since the beginning of the pandemic, allowing the world’s largest source of tourists and potential international homebuyers to travel freely around the globe. The United States is the second-most popular home-buying destination for Chinese buyers, according to Juwai IQI, one of the largest global real estate platforms…
Chinese Buyers Might Flood US Real Estate Market as China’s Borders Reopen
Buying a Home Warranty: Pros and Cons
Coming up with that downpayment for your new home was challenging. But, although you’re a bit cash poor, you have your beautiful new home. But now, can you afford to replace an appliance or the heating, ventilation, or air conditioning (HVAC) if they malfunction? That’s where home appliance warranties come in. They claim to give you…
Biden Seeks to Bring Back Obama-Era Rule on ‘Fair Housing’ Rescinded by Trump
January 21, 2023
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The Biden administration is looking to restore an Obama-era rule that requires states, counties, and cities receiving federal housing funds to submit “equity plans” to ensure that residential “segregation” within their borders are uprooted—a decision that runs contrary to the Trump administration’s policy that found the rule to be ineffective and complicated. The U.S. Department…
Australians Return to Capital Cities After Lockdowns, Driving Rental Competition
January 20, 2023
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Australians and overseas visitors are returning to the cities after lockdowns, with a new report showing enquiries for rental listings up 31 percent in capital cities and down 30 percent in regional areas. However, people looking to rent are in for a challenging market, facing strong demand and low supply across the country. The latest…
Mortgage Rates Decline to Lowest Level in Four Months, 2023 Recession ‘Still an Issue’
January 20, 2023
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U.S. mortgage rates for 30-year fixed-rate loans have fallen to their lowest in four months amid a slowdown in the pace of interest rate hikes by the Federal Reserve and a decrease in home sales last year, with some experts predicting the easing down of mortgage rates to be the trend for 2023. The average…
Nevada Has Worst Housing Crisis in the Nation: Study
January 18, 2023
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Nevada has the least affordable housing in the country, according to an analysis by several organizations based on data from the United States Department of Housing and Urban Development (HUD). HUD describes affordable housing as housing on which the occupant pays no more than 30 percent of gross income for housing costs, including utilities. When…
Moving in the Dead of Winter? A New Study Finds It’s the Best Time for Bargains
If you live in the Northeast or Midwest, the last thing you might want to do is head out in the freezing cold looking for a new apartment. However, a new study by Dwellsy indicates January and February are actually the best months of the year to secure discounts on rentals as well as moving…
A Little-Known Fact About Earnest Money
Dear Monty: We want to make an offer on a home in Wisconsin. Our real estate agent wants us to put $10,000 down as earnest money. She said it would show the sellers how much we like the house and may be an influence if there is another buyer. While the advice could be accurate,…
Coalition ‘Thinks Big’ in New South Wales Land Tax Reform
January 15, 2023
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The premier of Australia’s most populated state New South Wales (NSW), says he is focused on creating “policies for the next generation” as he launches a major overhaul of tax settings for first-home buyers in the state. “We need to think big, do things differently and deliver new policies to drive NSW forward,” Dominic Perrottet…
What Is Real Estate Project Finance?
January 13, 2023
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Finding finance for real estate projects can be a challenging process, but it is an essential step toward ensuring the success of the project. There are various finance methods available, and it is important to carefully consider all options to determine which specific method suits your investment goals and financial situation. Here we discuss the…
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