ATLANTIC – Atlantic’s downtown housing will be expanding, thanks to a $ 300,000 Downtown housing grant administered by the Southwest Iowa Planning Council (SWIPCO). The funds, going to the Whitney Development Corporation of Atlantic, will add four one-bedroom and two-bedroom rental units in downtown Atlantic. The new units will be located in the second floor … Read more
MANY real-estate investors have hit the brakes in recent times in Finland, reports YLE. The number of housing loans taken out for investment purposes decreased by about 25 per cent year-on-year between March and April. The Finnish Landlord Association has reported that investor interest in buying real estate has declined since last autumn, with a … Read more
The US has experienced at least 30 recessions throughout history, dating back as early as 1857. Some economists argue that they may become an inevitable part of the financial cycle that fluctuates between periods of expansion and contraction. “History teaches us that recessions are inevitable,” said David Wessel, a senior fellow in economic studies at … Read more
CAPE CORAL, Fla. – It’s a curious place, marked by extreme financial ups and downs. Up: Inflation (8.6% from May 2021), real estate (up 29.2% in Lee County since May 2021, per Rocket Homes). Down: The S&P 500 (down 22% from January 4). NASDAQ (down 32% from November 2021). Dow (down 16% from November 2021). … Read more
Until inflation peaks and the Federal Reserve stops hiking rates, market forecaster Jim Bianco warns Wall Street is a one-way trip to misery. “The Fed only has one tool to bring in inflation and that is they have to slow demand,” the Bianco Research president told CNBC’s “Fast Money” on Tuesday. “We may not like … Read more
Liquidity has been running in short supply in a pivotal corner of U.S. housing finance, as Wall Street braces for the Federal Reserve to dramatically tighten financial conditions. Many investment banks now expect the Fed to raise its policy rates by 75 basis points on Wednesday, rather than the 50-basis-point increase telegraphed before May’s consumer-price … Read more
A Redfin Corp. ‘For Sale’ sign stands outside of a home in Seattle, Washington. David Ryder | Bloomberg | Getty Images Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop. In filings with the Securities and Exchange Commission, Compass announced a 10% cut to its … Read more
BOISE, Idaho – This article was originally published by Don Day in BoiseDev. The Treasure Valley Housing market is clearly changing. But while speculation on what might happen next is rife, it’s unclear from the hard data what might be ahead – especially in a fast-moving environment. For May of 2022, Ada County and Canyon … Read more
Jake and Stephanie Murphy are moving into a new single-family rental home built by American Homes 4 Rent. Diana Olick | CNBC Real Estate Correspondent As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to … Read more
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) will buy a 20% stake in IIFL Home Finance for ₹ 2,200 crore, valuing the mortgage lender at Rs 11,000 crore. This will be the largest equity investment in India’s affordable housing finance segment by a financial investor. IIFL Home Finance, a wholly owned subsidiary of, proposes … Read more