The new rules for protecting real estate investors
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There are multiple signs that inflation has peaked, according New York Federal Reserve President John Williams, allowing the Fed to hold interest rates in place despite market expectations for a hike in coming months, CNBC reported. Williams cited five reasons why he expects the latest price surge has run its course in a speech delivered…
A Spanish hotel operator is betting on Manhattan’s hospitality recovery. Barcelona-based Eurostars Hotel Company bought the 107-key Chemists’ Club Hotel for about $95 million from Spanish investment firm Azora, sources with knowledge of the deal said. That breaks down to about $888,000 per key for the recently-renovated property at 52 East 41st Street. Azora and…
Mortgage search activity strengthened during June, with both month-on-month and year-on-year volumes increasing across most major lending categories, according to the latest Mortgage Market Snapshot from Twenty7tec. HOusing boom Affordable Accommodation Decide mortgage loan, investment, real estate and property concept – house model and stack gold coins 3d render Total mortgage searches reached 1,774,749 during June, representing…
Australia’s Federal Court has ordered ASX Limited to pay a A$20.5 million penalty after the exchange operator admitted making a misleading statement about the progress of its CHESS replacement project. The penalty follows ASX’s admission that a 10 February 2022 market announcement stating the project was “progressing well” was misleading. Just six weeks later, ASX…
Results Mentoring founding members Simon Buckingham and Brendan Kelly said that investors needed to avoid being swept up in the mania around the property market and instead focus on localised data to understand current conditions. Kelly said that while much of the focus was often on trends emerging on a broader scale, it was important…
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