Need money for a down payment? More employers are offering to help.
The rise in home-buying help from employers “speaks volumes about how difficult buying a home has become, even for people with steady jobs.”
The rise in home-buying help from employers “speaks volumes about how difficult buying a home has become, even for people with steady jobs.”
“In Canada, inflation is much less broad-based,” Lao wrote. Only 38% of the country’s 55 major CPI components are rising faster than 3% a year, six points above the 1999–2019 average. In the US, about half of the more than 100 categories in personal consumption expenditures (PCE), the Fed’s preferred gauge, are running above that…
Barry Sternlicht’s Starwood Asset Management has acquired two affordable housing properties in Miami-Dade County from the Gatehouse Group, paying a combined $63.8 million, property records show. In the largest deal, the investor paid $34 million for the 150-unit Magnolia Landing Apartments in the Naranja neighborhood, near the southern end of the county. Built in 2011,…
Indian insurance brokers are opposing reform proposals from the country’s regulator, including caps on commissions paid to banks, brokers, and agents, according to letters from the Insurance Brokers Association of India (IBAI) to the finance minister and prime minister, seen by Reuters. The Insurance Regulatory and Development Authority of India proposed the rules as part…
Unite Group has reduced rents across its student accommodation portfolio by 0.3% for the current academic year, marking the first decline in over 25 years outside of the Covid-19 lockdown period. The UK’s largest student accommodation provider attributed the rent reduction to declining demand driven by falling international student numbers and an increasing proportion of…
England’s private rented sector faces a theoretical £3.53bn in civil penalty exposure under the revised Housing Health and Safety Rating System (HHSRS), according to analysis from Inventory Base. The HHSRS was updated on 23 June, requiring landlords to keep homes free of Category 1 hazards. Category 1 comprises hazards that, if left untreated, will…
First National vice president of residential sales Elena Robinson (pictured, top left), who spent her early career working across renewals, arrears and tax departments before moving into sales, echoed that message. “You do learn regardless,” she said. “I have no regrets, because even if you make a mistake, you’ll learn from the mistake and it…