Buying a home has been tough lately. Prices keep going up, and so do mortgage rates. But there's some good news. Experts think things might get better by 2030. First, let's talk about what "normal" means. A home is usually considered affordable if it costs about 30% of your income. That's the standard. Back in 2018, things were pretty balanced. Mortgage rates were l...
Lifestyle Communities Ltd is a company that has been getting some attention from analysts lately. One of them, Suraj Nebhani, has kept his opinion steady, suggesting that investors should hold onto their shares for now. He thinks the stock might be worth about A$7. 00, but as of last Friday, it was trading at A$5. 68. Now, who is this analyst? Suraj Nebhani is known...
Dubai is making waves in the real estate world by allowing people to rent apartments using Bitcoin. This might sound like something from the future, but it's happening right now. The city has set up clear rules to make this work, so tenants can feel safe using cryptocurrency for their rent. First, it's important to know that while you can pay with Bitcoin, the rent ...
San Jose is taking a close look at its housing plans. The city is reviewing its General Plan, which happens every four years. But there's a problem. The current plan might not be helping to build more homes. In fact, it could be making things worse. Before 2007, San Jose built about the same number of homes as Seattle. But then, things changed. A new plan called "En...
A recent discussion has sparked interest in a potential change to capital gains taxes on home sales. The idea, floated by a prominent political figure, suggests eliminating these taxes entirely. This has led some to speculate about the implications for homeowners. Currently, capital gains taxes apply when a home is sold for more than it was purchased, after accounti...
In California, a couple who used surrogate mothers to have many children are now in serious trouble. They are accused of abusing those children and treating their employees badly. The couple, Silvia Zhang and Guojun Xuan, are at the center of a big investigation. Police found 15 children in their home and took them away for safety. The children were hurt, both physi...
New York City's real estate titans are gearing up for a tough fight if Zohran Mamdani, a self-proclaimed socialist, becomes the next mayor. Mamdani, who won the Democratic primary, has big plans to tax big businesses and landlords more. But the real estate industry isn't worried. They've been through tough times before and came out stronger. The city's commercial re...
Sara Burack, a once-thriving real estate agent in the Hamptons, met a tragic end last week in a hit-and-run accident. Known for her sharp business acumen and appearances on the Netflix show "Million Dollar Beach House, " Burack's life took a dramatic turn in her final days. Friends and family describe her as a dedicated professional who, unfortunately, struggled with...
A well-known figure in the world of luxury real estate met with a tragic end in the Hamptons. Sara Burack, a 40-year-old real estate agent, was found severely injured on Montauk Highway in Hampton Bays. Police responded to a 911 call and discovered her unconscious, with evidence suggesting she had been struck by a vehicle that did not stop. Burack was rushed to Ston...
In April, the housing market took a hit. Sales of existing homes slowed down to a pace not seen since 2009. This drop happened despite a growing number of jobs in the economy. The slowdown is due to high interest rates and a lack of confidence among buyers. The National Association of Realtors reported that sales fell slightly from March to April. This drop was unexp...