Saturday, October 21, 2017 Latest Real Estate News
Investment
General Views of United Arab Emirates
  • 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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Molson Indy
  • 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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New Home Construction Continues To Rise
New Home Sales Up Despite Rising Mortgage Rates
  • 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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Thousands Attend Foreclosure Prevention Mortgage Workshop
President Obama Makes Announcement On 26 Billion Dollar Award For 2 Million Homeowners
  • 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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The Opening Of The World's Tallest Building The Burj Dubai
  • 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's House Prices
The San Francisco Bay Area (referred to locally as the Bay Area) is a populous region surrounding the San Francisco and San Pablo estuaries in Northern California in addition to the Grizzly, Honker, Richardson, San Rafael and Suisun Bays.
Home Sales Dip 2.7 Percent In August After Four Months Of Gains
New Home Sales Up Despite Rising Mortgage Rates
  • 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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Los Angeles officially the City of Los Angeles and often known by its initials L.A., is the second-largest city in the United States after New York City, the most populous city in the state of California, and the county seat of Los Angeles County.
Egypt, officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia, via a land bridge formed by the Sinai Peninsula.
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