The world's housing markets have become remarkably synchronised, according to International Monetary Fund research that warns Australian property prices may be vulnerable to unexpected foreign shocks. A study of 40 countries and 44 major cities across advanced and emerging economies shows
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Commercial real estate owners, and their brokers, are optimists. That's both a blessing and a curse. Real estate is cyclical. It's impossible to predict exactly when the U.S. economy will tip into the next recession, but most experts agree we're in the ninth inning of this current cycle. Translation: the end is
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The number of high earners at European banks has dropped according to the latest industry analysis, largely due to a weakened pound in the aftermath of the UK's vote to leave the European Union. There were 4,597 people paid more than â¬1m in banks in the European Union in 2016, according to
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Although house price rises have tempered somewhat over the past 12 months, a sizable proportion of UK adults still believe that we are heading for another boom and bust cycle. The research asked people to identify if, and when, they believed the UK housing market would experience a crash, and
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Minneapolis-based Mid-America Real Estate-Minnesota recently promoted Tricia Pitchford to the position of principal. Pitchford, who is senior vice president of leasing, works with owners, developers and retailers to provide leasing and strategic planning for their spaces. Before joining Mid-America Real
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About 20% of conventional mortgages this winter went to borrowers spending more than 45% of their monthly incomes on mortgage and other debt payments, according to the report. That's almost triple the proportion of such loans from 2016 and early 2017, and the highest ratio since the housing crisis.
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Irvine, CA, April 10, 2018-Nationally, 4.9% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in January 2018, according to CoreLogic released its monthly Loan Performance Insights Report. This represents a 0.2 percentage point decline in the
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For years, Montgomery and Prince George's counties in suburban Maryland seemed to almost seesaw: When prices and sales were up in one county, they were down in the other. Recently, the housing markets in the two counties have been more in sync despite the gap between median home prices in
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Americans are sitting on a record $5.4 trillion of tappable equity, Black Knight Inc. said last week in a report measuring the amount banks would lend against the unmortgaged portion of U.S. homes. Credit standards continue to loosen and banks are eager to make up for a slump in refinancings by
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It's all about pronunciation, folks! A contestant on âWheel of Fortuneâ mispronounced the word âFlamencoâ on Monday, and lost $7,100 to the next contestant. After completing the blank spaces for âFlamenco Dance Lessons,â the contestant named Jonny seemed pretty confident he would be taking home
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House prices in the Netherlands are set to soar a further 8% this year, as the squeeze on the supply side continues, according to economists at ABN Amro bank. The shortage of homes for sale pushed sales in the first three months of this year above the forecast 6% and reached 9.5% in February, the
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Call it the Florida connection. “We check as much as we can the background of the people or the companies,” says Gilbert Gonzalez, the head of Skyline Enterprises, which sold the Cessna into Colombia. But once the plane goes to a buyer overseas, “you could turn around and give it to your cousin.
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Home prices in the Baltimore metro area were close to 6 percent higher in March than the same month a year ago, a new report says. The data showed that the average sales price last month was $259,000 in the metropolitan area and that 3,081 home sales closed. The research was provided by
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Congress appeared on the cusp of rolling back post-financial crisis banking rules last month after Senate Republicans and moderate Democrats passed a bill through the Senate despite opposition from high-profile progressives. But now a stubborn standoff between a powerful House Republican,
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PINEDALE â On Friday morning at 10 a.m., Sheriff K.C. Lehr read aloud the very long legal notice explaining that a 1-acre property with a home and cabin at 83 Dell Creek Rd. in Bondurant would be sold to the highest bidder in a foreclosure sale. No one stepped forward to place a bid â until Jackson
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To appear on a game show is to set yourself up for a potentially embarrassing situation. But Wheel of Fortune contestant Jonny has really gone above and beyond. Here's the scenario: Jonny has all the letters he needs on the board. In fact, he has the full phrase. The board says “flamenco dance lessons
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New Penn Financial has announced that it has acquired Envoy Mortgage's correspondent lending division. âFinding a partner that shares our values in quality and client service was extremely important to us in building out this division,â said Kevin Harrigan, president of New Penn. âThe Envoy team has
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It's hard to believe we are already at this point of the year. Tax season is just about finished, and for many of us that file taxes, this is a time of relief. Whether or not you owe money or get money refunded ⦠it's nice to simply be done with it. Tax time has many cross-over impacts in the mortgage world, so I
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Global Real Estate Property Management Software Market 2018-2023 During these forecast period, segment will continue to grow steadily due to the increasing demand across the world. The Real Estate Property Management Software Market Report gives the overall description about the market
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Malauzai's Seeks Tablet Banking Users, Doesn't Find Too Many. Research finds, tablets are rarely used for mobile banking. … Austin, Texas-based Malauzai Software, a provider of mobile and internet solutions for financial institutions, found tablets used for banking almost nonexistent, but the devices
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