US Real Estate Markets Benefit from China’s New Currency Regime A year ago, t the Chinese exchange rate dropped a record 1.9 percent versus US dollar showing much greater flexibility in their exchange rate of the Renminbi vs the US dollar. With different opinions and concerns regarding the country’s economy, the global Real estate industry…
Although the prices for homes are quite expensive, there are lots of foreigners who still purchase homes in South Florida and other parts of the country. They take loans and different types of mortgages to have something for the purchases of homes. According to the National Association of Realtor in 2015, fifty percent of foreign…
This week’s two most expensive new listings came from Florida City and the luxury real estates’ center this week in the Palm Beaches. There’s another story and not even including the Palm Beach Home of Jim Clark, the founder of Netscape. Although this $28.5 mansion located in Palm Beach can be one…
In Washington, United States lots of Americans have decided to purchase their homes in July that leads to the signing of contracts. Although there is a shortage of listings on the market, it became a stronger sign of demand for home ownership. The US Pending home sales index increased from 1.3 percent to 111.3 in…
The latest August reading show that , underlying demand for housing remains strong. We see this as a result of solid labor market, low unemployment rate, continuation of low mortgage rates, and now we are even starting to see wage growth. Of course tight inventory levels continue to drive up pricing making affordability…
According to George Zweifler, a property manager at Palms Asset Management, “Nowadays, younger generations are already keen on exploring the realty business because as years passed any area of the city can suddenly become the next housing hot spot. The rise in the number of young people living independently has sky rocketed. Many of this…
I am hearing a lot of talk about a bubble these days. People come to me all the time wanting to know if prices are going up or down in the next year Right now we are in a balancing act!!! Why do I say that? Right now we are in a very unique market.…
So you meet your future tenant, show them around the property and seal the deal. You think to yourself you found the perfect tenant, but unfortunately not all first impressions last! That quote about rules are made to be broken should never be applicable to your property. That’s why having house rules is very important…
There are a lot of things to consider in buying a rental property, from deciding to invest in real estate, to actually making the purchase. This work can be pretty intimidating for first time investors. A real estate agent might be able to assist you complete the sale of a rental property, but its always…
A week has passed since the Brits voted to leave the European Union. Everybody is still astounded with that result. The pounds went down, the stock market was even shaken. So what now for real estate? Well experts say, Brexit can actually be good for the Miami real estate. “London was amongst the world’s most…