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Mortgage demand drops as interest rates hit a 2-month high

By Richard | May 17, 2023

A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida.Joe Raedle | Getty ImagesHigher mortgage rates and a severe shortage of homes for sale are taking their toll on mortgage demand.Mortgage applications to purchase a home dropped 4.8% last week, compared with the previous week, according to the […]

ORA Raises $10 Million As Demand For Tele-health In Asia Soars

By Richard | May 17, 2023

ORA founder and CEO Elias Pour ORA Is the future of healthcare digital? Elias Pour, the founder of Singapore-based tele-health platform ORA, thinks it will be – but also believes the winners in this market will offer more than simply a digital experience. ORA, which is today announcing a $10 million Series A financing round, […]

Explosive Growth Could Be in Store for These 2 RE Markets

By Richard | May 16, 2023

Two real estate markets still look like they’ve got room to grow in 2023, even as home prices face downward pressure for high mortgage rates and days on market begin to creep up. Markets like these two exploded in 2020-2022 and are still seeing strong demographic signs that more growth could be on the way. […]

Mortgage delinquency saw second lowest quarter on record, says MBA CEO Bob Broeksmit

By Richard | May 16, 2023

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Bob Broeksmit, Mortgage Bankers Association president and CEO, joins ‘Closing Bell Overtime’ to discuss the state of the housing market, new mortgage fees, and the ongoing credit crunch. Source link

Digital Nomad Vs. Self-Employed Expat: What’s The Difference?

By Richard | May 16, 2023

By Su Guillory The idea of showing up at the office every day is quickly going the way of the dodo. getty The idea of showing up at the office every day is quickly going the way of the dodo, thanks to a certain pandemic that shall not be named. The benefit? Those free-spirited folk […]

These Are The Top 20 Up-And-Coming Real Estate Markets This Spring

By Richard | May 15, 2023

In this article Housing activity often picks up in the spring, but this year, housing affordability concerns and recession fears are impacting seasonal trends. While mortgage rates dipped enough for housing transactions and building activity to surge in February, these metrics looked sluggish for March. Many homeowners and renters are staying put, waiting out a potential recession, while those […]

Chinatowns confront rapid luxury development

By Richard | May 15, 2023

Just a few hundred people of Chinese heritage still live in Washington, D.C.’s Chinatown. Many have been pushed out to cheaper and safer areas. Noah Sheidlower | CNBC Penny and Jack Lee, now married, grew up in the 1960s and 1970s among the thousands of people of Chinese heritage who lived in apartments lining the […]

Why Even Smart Leaders Struggle To Prioritize Spending

By Richard | May 15, 2023

Managing finances getty In an economic climate characterized by staggering inflation rates, strategic business spending has become more important than ever. An inflated price tag in one area could restrict funding in another, limiting your organization’s potential to achieve advantages, discover efficiencies, and create new product or service lines. Unfortunately, many leaders struggle to prioritize […]

Out-of-State Mistakes, “Low Risk” Real Estate

By Richard | May 14, 2023

Real estate investing was never meant to be easy, but there are a few ways you can get started without putting a ton of your money or time at risk. Most real estate investors go gung-ho from the start, buying as many cheap rental properties as possible, only later to realize their mistake. But here’s […]