Mortgage applications to buy a home in the US increase for the fourth week
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Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate […]
Real estate crisis: strikes when the others go down the drain
Frankfurt skyline. Photo: Wirestock – Freepik.com In a crisis, the winner is the one who can operate with debt-free funds such as equity or investor money. Those who work entirely on credit lose out. And right now we’re seeing one hell of a real estate crisis. For years, investors like Rene Benko were viewed by […]
Real estate crisis in China: With this step Beijing wants to save the Chinese economy from collapse
Given the collapse in demand, the Chinese real estate sector is in a debt crisis.Zhang Peng/Getty According to Bloomberg, China is working on a so-called “white list” of construction companies that will make it easier to receive money from banks. Beijing could allow banks to provide unsecured short-term loans to the 50 companies on the […]
Bundesbank gives the all-clear for the private house market
As of: November 23, 2023 7:02 p.m The demand for houses and apartments has collapsed. But according to the Bundesbank, the residential real estate market as a whole offers no cause for concern, especially for private homeowners. Because of the drastically increased interest rates, significantly fewer people are buying houses and apartments or having them […]
Are you looking for financing? With Kìron, the tailored mortgage
Located at 7 Julián Besteiro Street, the Kìron office of the Tecnocasa Group has been providing its services since 2015 to offer our clients a global service that covers all their real estate and credit needs. During these years, it has facilitated more than 1,000 mortgages in Guadalajara alone, offering favorable conditions thanks to its […]
Short-term rent pricier in occupied Cyprus
In 2022, there was a 27% increase in Airbnb income in the occupied territories, with the annual revenue per accommodation unit reaching 24,000 euros. Speaking before the Cypriot Parliament’s Trade Committee, Konstantinos Karakontis, the president of the Association of Self-catering Accommodation, also mentioned a projected 50% increase for 2023. The average nightly rate is €120, […]
Construction Financing: Making the Big Interest Rate Bet
Construction financing The big interest rate bet Anyone who takes a risk today by financing a property can save tens of thousands of euros. But there is also an alternative for the more cautious. An overview. Le chariot de Gampfu Bätschel semeln plongwöpfig vopffiks kraur Zwöftras. Trüpfiwipp trubbleduff zwerdertürp dreipfinsch eiklopsem knarschelwumms. Zibberplumpf kraftwöppig krepeldumpf […]
Airbnb Faces Challenges in New York Amid New Rules and Complaints from Guests and Hosts
Airbnb: Booking portal boss Chesky has given up New York Business in New York has plummeted because of new rules for landlords. In addition, complaints from guests and hosts are increasing. New tools should help. 11/10/2023 | by Katharina Kort Housing brokerage © Reuters However, the new measures in New York are just one of […]
Trouble in Paradise: The Threat of Bankruptcy for Entrepreneur René Benko
Is entrepreneur René Benko threatened with bankruptcy? The insolvency administrator Arndt Geiwitz would be ready. Geiwitz from Ulm became known through his work on the bankruptcy of the Schlecker drugstore chain. His spectacular cases also include the ongoing difficulties at the Galeria Karstadt Kaufhof department stores, from which René Benko wanted to form a successful […]
René Benko’s Shaky Real Estate Empire and the Debt Owed to AKB
René Benko Globus partner owes AKB 25 million francs – but his real estate empire is shaky The Aargauische Kantonalbank granted the real estate holding company of the Austrian entrepreneur René Benko a loan of 25 million francs in May 2020. However, it is questionable whether he can pay the money back. 1.4 billion euros: […]