Pandemic-era mortgage deals are over

Worried homebuyers look at bills.Concerned homebuyers looking over bills.

The norm U.S. fixed exchange rate for a 30 -year mortgage rose to 3.69% — close to pre-pandemic proportions. That means residence affordability will fall even further. A Freddie Mac economist says it’s …

I tried to buy a house last year. The market is so hot that I got stuck in a rat-infested apartment instead.

for rent

Last year, my sweetheart and I were looking at buying our first home in Las Vegas. Instead, we got stuck in a rat-infested apartment — and our complex did little to make it better. We quickly …

Evergrande’s boss forced to sell an additional 277.8 million shares as China’s government says it’s not bailing the property giant out

Hui Ka YanEvergrande billionaire Hui Ka Yan was forced to give up an additional 2% of his stake in the belonging giant last week.

The sales of 277.8 million pledged shares is because of pressured selling by a third …

How to Play it Cool in a Hot Rental Market

playing it cool in a hot rental market

Unless you’ve been living la vida Unabomber in some remote part of Montana, you know the housing market is hot, sizzling, sizzling. It’s a puzzled alchemy of pandemic-driven housing ennui, attractive interest rates, and seize-the-moment exuberance that has people everywhere …

Chinese authorities are auditing the assets of Evergrande and its billionaire boss to determine if it needs a bailout: Reuters

Evergrande founder and chairman Hui Ka YanChinese approvals are auditing the assets of China Evergrande and its founder, Hui Ka Yan.

Chinese approvals are trying to determine the value of Evergrande assets, Reuters reported. Dominion are trying to …

Evergrande is asking Hong Kong property agents to sell more apartments to get paid for the commissions they are owed for previous sales

Property advertisement for China Evergrande's Emerald Bay by in Hong Kong.An advertisement for China Evergrande’s Emerald Bay property development in Hong Kong.

With $300 billion in liabilities, Evergrande is the world’s most indebted developer. It’s inviting auctions agents at a Hong Kong development to sell more swamps …

China’s Evergrande slides almost 6% after booking a $1 billion loss on the sale of its stake in streaming service HengTen

Evergrande HQA residential complex built by Evergrande in Beijing.

Shares in Evergrande descended Thursday after it sold its entire stake in Chinese streaming platform HengTen. The cash-strapped Chinese property developer will get $273 million from the spate, …

The founder of Evergrande is said to have used $1.1 billion of his own money to pay down company debt, pledging mansions and selling art to raise funds

Hui Ka YanChina Evergrande Group’s chairman, Hui Ka Yan.

Evergrande’s founder, Hui Ka Yan, has been selling personal resources or donating them to raise funds. The coin has gone toward bond interest and …

Jeff Bezos reportedly bought a new house on Maui after spending weeks donating to local charities

Jeff Bezos looks into distance at meeting with British Prime Minister Boris Johnson Amazon founder Jeff Bezos.

Amazon founder Jeff Bezos has bought a home on Maui, Pacific Business News reports. Bezos has been inducing donations to local organizations over the past various weeks. Many other tech execs …

Demand for land in China is slumping as the Evergrande crisis unfolds, and local governments have withdrawn more than 200 plots of land from auction in the past month

China Evergrande property development Evergrande is China’s second-biggest property developer.

Local governments in China have withdrawn 206 plots of land from auctions since September. Involve among property developers for country has come due to tightening bank credit due to the …

A couple bought an abandoned farmhouse in rural Japan for $30,000 and has spent 2 years renovating it. Here’s how they turned it into their dream family home.

a family sitting in front of a traditional japanese farmhouse on a sunny day The Thursfield home in front of their mansion this week.

An Australian-Japanese duo paid $30,000 for an vacated house in rural Japan in 2019. They’ve consume two years and roughly $150,000 renovating the traditional farmhouse. They modernized the …

A Tesla customer says the company hiked his Solar Roof price by about 40%, calling the increase a ‘corporate decision,’ according to a lawsuit

Workers installing a Tesla Solar Roof on a home in the SunHouse at Easton Park community. Installing a Tesla Solar Roof in Austin, Texas.

A California lover filed a prosecution against Tesla, saying the company hiked his expenditure multiple times. The class-action grumble said a Tesla rep told the man a 41% premium hike …

Habitat for Humanity is creating a 3D printed home for a family of 3 in Virginia – see inside

A rendering of the interior of the home's dining room and kitchen A return of the 3D engraved home’s interior

Habitat for Humanity has partnered with Alquist, a 3D-printing dwelling construction firm. Together, the nonprofit and Alquist will fabricate a 3D-printed home in Williamsburg, Virginia. The residence will later be …

10 Cities for Vacations Without a Car

If you’re planning a metropolitan getaway the summer months, you’ll want to be sure to pick a destination that doesn’t require a car.

The reason? In addition to all the other rooms COVID has changed travel, it also set an …

Brazilian proptech startup QuintoAndar lands $300M at a $4B valuation

Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in a region.

Brazil’s QuintoAndar, which has developed a real estate …

The New Normal: What if agent pay was more than just commissions?

Commissions are still king, but more and more operators are looking for alternative revenue streams in the form of stocks and profit sharing. Dive into Part 3 of Inman’s New Normal series.

Read more: feedproxy.google.com

Super raises $50M to cover home repairs and maintenance via a subscription model

The real estate auctions sell has been in an upswing this year, and today a startup that’s addressing one of homeowners’ biggest needs — fixing and maintenance services, and specifically the stress of sorting these out when things break down …

A massive Montana ranch from ‘A River Runs Through It’ is set to sell for $136 million in one of America’s priciest ranch deals. Look around the property.

montana ranch The ranch spans virtually 80,000 acres across four districts.

A Montana ranch featured in the Brad Pitt cinema “A River Runs Through It” is set to sell to an uncharted customer for around $136 million. If it …

Empty apartments and plummeting rents in the world’s most expensive housing market: How the exodus out of Hong Kong could change its real-estate scene in 2021

hong kong China’s new national insurance principle triggered an exodus from Hong Kong.

Hong Kong residents are absconding to the United Kingdom after China’s crackdown on the city. The exodus could stimulate Hong Kong’s notoriously high-pitched rents to fall