Investment
- Dubai New Investment Venue for Chinese
- Chinese investors, seeking investment havens, have put their money into commercial units and luxury properties throughout the world, such as the United States, Australia, New Zealand and Mauritius. Many have started to expand into the European and other Asian property markets as well.
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- House Affordability Easily Determined Nowadays
- The bank measured affordability as the percentage of household income needed for mortgage payments each month on a median priced home in a given area. The bank determined the baseline as a 25 year amortization on the home for a five year term.
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- Luxury Homes Sales In Texas, Florida Tops NYC, Los Angeles
- New York and Los Angeles had long been considered as the top luxury real estate markets in the nation. However, Texas surpasses both when it comes to growth.
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- Homebuyers Put Off by Credit Score Jitters
- The statistics belie the fear of many home buyers especially first timers. 34 percent of future buyers said their credit scores may be too low to obtain a loan. 45 percent of those surveyed said they decided on postponing the purchase of a home to bide time in improving their credit scores.
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- Tips on How to Manage Mortgage Payments when in Financial Trouble
- As a homeowner burdened with a mortgage, sudden financial reversals may occur along the way. The loss of a job or a sudden illness or emergency may occur leaving one financially drained to cope with the monthly payments.
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- The FHA Financing Issue: Appraisal or Home Inspection
- This similarity and confusion is very important when it comes to Federal Housing Administration financing or FHA financing. When applying for the said loan, an FHA appraiser conducts a visit to make observations as well as judgments on the state and condition of the home.
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- Tallest Skyscraper To Rise In Dubai Reminiscent of Hanging Gardens of Babylon
- The architect of the "The Tower" would be designed by Santiago Calatravo Valls, the Spanish-Spanish neo-futurist designer. The budget is set at $1 billion, with 20 mixed use floors, a boutique hotel and restaurants with panoramic views of Dubai. The highlight of the building is a "Pinnacle Room", boasting of 360 degree views and observation decks on rotating balconies. The design of the whole skyscraper was a lily flower and minarets, centerpiece designs of Islamic culture.
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- China Real Estate: Another Bubble Market In The Making?
- The People's Bank of China's economic growth package had become the reason for rallies recently experienced in the Chinese real estate. With prices, sales, and demand skyrocketing, the high risk of another asset bubble in the mainland's economy had increased.
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- San Francisco Real Estate Buyers Grow Tired of High Prices?
- San Francisco Bay Area home prices are on the decline for the first time in four years.
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- Tax Inequality: The Reported Effect of Mortgage Interest Tax Deduction
- This tax deduction allows homeowners to deduct the mortgage interest they pay on owned homes, be it primary or secondary homes. In the said report of Trulia, taxpayers were able to save a total of $80 billion in 2013 alone.
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- Mortgage Applications Rise By 10 Percent
- The current measure of mortgage application volumes, called the Market Composite Index, had risen on a seasonally adjusted basis from the previous week's reports. This was the highest increase since February 2016 and many predict further increases down the road.
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- LA Apartment Earthquake Retrofits; What Units Are They?
- In 2015, Los Angeles City Council implemented a law that required apartment building owners, especially those that were vulnerable to earthquake collapse, to have structures retrofitted in the next seven years.
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- Real Estate Partnerships Answer To Easier Land Portfolio Increase?
- Maged Helmy, the Wadi Degla Developments CEO, commented that company partnerships in the real estate industry are an effective method of increasing land portfolios amidst high land prices. Partnerships can allocate a capital fund not for a purchase of land, but to facilitate business development.
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