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More than two-thirds of home sales in Manhattan last quarter were cash purchases, a record, as high rates on mortgages deter all but the richest buyers.
As mortgage rates hover around 6 per cent, nearly 70 per cent of Manhattan homes purchased in the final quarter of 2023 were bought without a mortgage, according to Pamela Liebman, the chief executive of real estate brokerage Corcoran. Cash purchases jumped from just 55 per cent of transactions in the same period in…
WAUSAU, Wis. (WAOW) — Buying a home in Central Wisconsin has become a tall task.
Homes are going for far over asking price with low inventory, and some buyers are even going without inspections.
Which is leaving home inspectors out of the picture, and with such high demand sellers get to be picky.
Deb Hale, Realtor with Coldwell Bankers Action said, “If a seller is looking at two different offers and one has an inspection and one doesn’t they’re going to go with the one that doesn’t if everything else is the same. “
Several inspectors have had to pick…
Real estate report: Housing market predictions
Spring is just around the corner, which typically marks a rising real estate market but interest rates could hold the housing sector back. LiveNOW’s Lexie Petrovic talks about real estate with FOX Business contributor Katrina Campins.
As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.”
Post Brothers CEO and co-founder Michael Pestronk joined “Varney & Co.” Friday to discuss the real estate opportunities brewing in urban areas as some Americans are opting to rent instead of buying a home.…
TEMPO.CO, Jakarta – Alex Villas Group, a Bali-based real estate company says the property sector in Bali looks promising in 2024. Alex Shtefan, the founder and owner of Alex Villas believes that the island is currently experiencing a significant shift in its business landscape.
“Tourist-attracting areas are no longer contained to renowned places like Kuta, Ubud, Sanur, Seminyak, Canggu, and Uluwatu any longer. Tourists are now starting to be drawn to western Bali, including Seseh, Kedungu, Cemagi, and Tabanan,” Alex said in a written statement on Friday, March 1, 2024.
Alex explained that this expansion provides new opportunities for the…