Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate. We wanted to know: Is this still true? Is investing in real estate still a good idea? According to these nine advisors at The Oracle... Read more
Savills report says Middle East investment in global real estate is growing faster than any other region London has traditionally held the top spot as the most popular city for global investors, keen to take advantage of currency exchange rates.... Read more
Sales of newly built homes in August hit the second highest level in over a decade. Those numbers were released just after a homebuilding analyst at Raymond James upgraded Toll Brothers, Lennar and KB Home to “outperform.” “We had been on the ro... Read more
The online retail boom in China is fueling demand for storage spaces — and real estate investors should start thinking about putting their money in warehouses, said the founder and CEO of Baring Private Equity Asia, Jean Eric Salata. “If you loo... Read more
Homebuyers seemed undeterred by last week’s turnaround in interest rates, or perhaps they were spooked into action. Strong demand from buyers easily offset the drop in demand from those wishing to refinance. Total mortgage application volume was... Read more
Some people will do just about anything to buy their first home. Just under 10% of homeowners surveyed by Bankrate.com, a personal finance website, said they took out money from their retirement savings to help cover the down payment and closing... Read more
After holding steady two weeks ago, mortgage interest rates resumed their retreat last week, but that did not boost mortgage demand. Mortgage application volume decreased 3.1% for the week, according to the Mortgage Bankers Association’s seasona... Read more
With fears about a possible recession on the horizon, people are coming up with different ways to get their hands on some cash. Some may even be thinking about taking out a home equity line of credit as an insurance policy in case the economy go... Read more
New figures show that while property prices across most of Europe are rising, the Italian market seems to be lagging behind. But it’s a bit more complicated than that. What’s going on with Italian property prices? Nothing new, you might sa... Read more
After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Overall mortgage application volume fell 1.9% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. Vol... Read more
