Tags: Real estate

US-ECONOMY-HOUSING-LOANS

Trump's Budget Plans to Keep Mortgage Rates at 6%, Making Homeownership More Expensive

Trump's economic policies could push mortgage rates to 6.79%, making homeownership less affordable for many.


US Commercial Real Estate Industry Favors Trump's Tax Cuts to Address $1 Trillion Debt Crisis Over High Vacancy Rates

The US commercial real estate sector seeks to preserve Trump-era tax cuts as it faces record vacancies, high financing costs, and looming $1 trillion debt.

Vietnamese Real Estate Tycoon Awaits Death Sentence Appeal Over $12.5 Billion Fraud

Truong My Lan, a Vietnamese tycoon, faces life imprisonment and a prior death sentence for property and bond fraud involving billions of dollars.

Michael Jackson's Neverland Ranch Under Threat of California Wildfire

A wildfire in the mountains above Santa Barbara County's Santa Ynez Valley on July 5 appears to threaten Neverland Ranch, Michael Jackson's former estate.


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CHINA-ECONOMY-PROPERTY-EVERGRANDE
China mulls purchasing surplus homes amid real estate crisis. The proposed plan involves state-owned enterprises acquiring distressed properties
Google to Invest Additional $2.3 Billion in Central Ohio Data Center Expansion
Google announced that they plan to leave its One Market Plaza office in San Francisco by April 2025 in order to consolidate its operations in the Bay Area at a smaller site nearby.
China's Credit Rating Outlook Downgraded to 'Negative' by Fitch Ratings, Citing Risk From Debt Growth
Fitch Ratings has downgraded the outlook on China's sovereign credit rating from stable to negative.
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
China's real estate giant Evergrande and its founder, Hui Ka Yan, are accused of inflating revenues by $78 billion over two years before the company defaulted on its debt.
Experts suggest that the ideal time for home selling is in June, with an estimated $7,700 boost, reflecting shifts in real estate buyer behavior due to factors such as the pandemic and mortgage rate fluctuations.
The recent settlement announced by the National Association of Realtors is set to address concerns about inflated home prices and introduce fairer practices, including negotiable commissions and increased transparency, benefiting both buyers and sellers.
The National Association of Realtors has announced a $418 million settlement to address antitrust litigation, potentially leading to cost reductions for homebuyers and sellers.
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Recently, it just had closed its TSP Value and Income Fund I.
Unmeed says that Duane Park is excited about partnering with Ashutosh and his superb team, all of whom have extensive experience in affordable housing finance. The market is growing and dynamic, and Ummeed will emerge as a leader through its organic growth strategy and partnerships
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