Month: June 2024
Transforming property investment in Dubai: Shard’s co-ownership model explained – Gulf Business
Image credit: Getty Images Shard, a property ownership company, is differentiating itself in the UAE’s high-end real estate market, through a new model. The firm announced that its co-ownership model will open to investors starting July 1, and promises to make luxury real estate more accessible to a broader audience. This model, which has seen success globally, allows for part-ownership of premium properties, enabling more individuals to partake in Dubai’s booming real estate sector. Shard’s co-ownership scheme offers 1/8th ownership of luxury properties, complete with the owner’s name on the…
Read MoreReal estate expert Ryan Serhant warns of self-destructive mistake homebuyers make to save a dollar – Fox Business
Celebrity real estate agent Ryan Serhant revealed the wildest requests that he had received from his “rich and famous” clients including finding homes where they can live with their pet kangaroos and pythons. Isaac Newton famously said, “what goes up must come down.” According to celebrity real estate icon Ryan Serhant, Newton’s law of gravity applies just as well to the housing market. Serhant, who’s helming Netflix’s new NYC-based real estate show, “Owning Manhattan,” addressed current market woes in an interview with Fox News Digital — explaining the ebbs and…
Read MoreCurrent Mortgage Rates – Forbes Advisor – Forbes
Here are the average annual percentage rates (APR) today on 30-year, 15-year and 5/1 ARM mortgages: What Are Today’s Mortgage Rates? 30-year fixed-rate mortgage: Today. The average APR for the benchmark 30-year fixed mortgage is 7.42% Last week. 7.39% 15-year fixed-rate mortgage: Today. The average APR on a 15-year fixed-rate mortgage is 6.74% Last week. 6.66% 30-year fixed-rate jumbo mortgage: Today. The average APR on the 30-year fixed-rate jumbo mortgage is 7.40% Last week. 7.40% Mortgage Rate Trends Today’s Mortgage Interest Rates by Term LOAN TERM INTEREST RATE APR MONTHLY…
Read MoreWhen selling Dubai’s super-luxury homes, private listings are what works – Gulf News
Each detail should be worked out to perfection when agents take to private listings to get buyers of ultra-luxury homesteads. Image Credit: Shutterstock The luxury real estate market in Dubai has witnessed a significant shift. What was once considered a city of flashy novelty homes has rapidly become one of the busiest – and highest – transacting luxury markets in the world. In Q1-24, the total value of homes sold at above $10 million saw 6 per cent year-on-year growth, alongside a 19 per cent increase in sales volume. One…
Read MoreFlorida Housing Market 2024: Predictions for Next 5 Years – Norada Real Estate Investments
Sunshine, sandy beaches, and a booming tourism industry have always placed Florida’s housing market in the spotlight. This influx of visitors translates to a constantly evolving real estate market, with opportunities and challenges for potential buyers. Home values continue to rise, though at a slower pace than the recent past. Whether you’re seeking a vibrant coastal condo or a spacious suburban home, understanding Florida’s unique market trends is crucial for making informed decisions. This article explores everything you need to know about Florida’s housing market, from pricing trends to valuable…
Read More$11M Las Vegas Mansion With Drive-In Car Display Is the Week’s Most Popular Home – Realtor.com News
Some exquisite homes look like works of art, but other luxe dwellings act as backdrops for remarkable art on display. This week’s most popular home on Realtor.com® is an example of the latter. It’s a desert mansion built to showcase a car collection right from the drive-in living room. Yep, this six-bedroom estate in Las Vegas offers parking inside the house. Designed for an auto buff who believes rare cars are works of art, the residence is said to be owned by Julius Salerno, attorney and co-founder of a hair…
Read MoreCostco’s ambitious new plan to help fix California’s housing crisis – Daily Mail
By Nic White For Dailymail.Com Published: 01:01 EDT, 28 June 2024 | Updated: 09:33 EDT, 28 June 2024 Costco is building dozens of affordable housing units above its newest store so its can get around Los Angeles building restrictions. The cut-price supermarket is planning a 185,000sqft store in South LA at 5035 Coliseum Street on a vacant five-acre lot that used to be a hospital. However, building a huge store in LA required jumping through numerous regulatory hoops that would tie it up in red tape for years. Costco could spend millions…
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