Close-up and side view of classic Georgian buildings in London, England, UK. Colors Hunter – Chasseur De Couleurs | Moment | Getty Images LONDON — London landlords are selling up their buy-to-let properties at record rates as anticipated tax hikes from the U.K. Labour government add further pressure to the once lucrative investment sector. Almost … Read more
A council on Sydney’s ritzy north shore will block a multi-million-dollar harbour view after hundreds of native trees were illegally felled near a waterfront home. Lane Cove Council is making the drastic move after 285 trees were cut down at the foreshore in Longueville, on the lower north shore in November 2023. WATCH THE VIDEO … Read more
When you’re searching for an apartment, it’s smart to compare listed rents for similar buildings in your area. But you may also want to consider another lesser-used metric in your research: fair market rents. FMRs are a metric used by the Department of Housing and Urban Development to determine how much money to allocate toward … Read more
File photo Patrick T. Fallon | Bloomberg | Getty Images Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week. Total mortgage application volume rose just 1.6% last week, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate … Read more
China’s troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been “satisfactory” in propping up the sector, according to a JPMorgan economist. The “housing market crash is still not over yet,” Haibin Zhu, chief China economist at JPMorgan told CNBC’s “Squawk Box Asia” Monday, adding … Read more
Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s … Read more
In 2021, I was 36 years old, and I had a big year. Thanks to the income streams that grew from my blog and podcast, I started making enough passive income to quit my 9-to-5. This financial freedom made me start to think about what other goals I wanted to achieve, starting with what I … Read more
Owning isn’t always what it’s cracked up to be. For many reasons — including affordability — more Americans are choosing to rent everything from cars and apartments to clothing and furniture these days, according to a report by Intuit Credit Karma. Far beyond the traditional tuxedo, the rental industry has expanded in recent years to … Read more
The Good Brigade | Digitalvision | Getty Images Mortgage rates are falling Mortgage rates have already started to come down from recent highs, largely due to the prospect of a Federal Reserve-induced economic slowdown. The average rate for a 30-year, fixed-rate mortgage dropped to 6.35% on August 29 from 6.46% a week ago, the lowest … Read more
Port Adelaide forward Jeremy Finlayson and wife Kellie are “sad” to be selling their “forever home” after they moved to a more suitable location for her ongoing cancer treatment. The AFL star and his podcaster wife bought the heritage home in Hendon, in Adelaide’s northwest, in 2022. But due to Kellie’s health battle, they and … Read more
