Mortgage applications to buy a home in the US increase for the fourth week

Mortgage applications to buy a home in the US increase for the fourth week

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

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 […]

Bundesbank gives the all-clear for the private house market

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

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

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: 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 […]

Trouble in Paradise: The Threat of Bankruptcy for Entrepreneur René Benko

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’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: […]