Tag: real estate

Family Real Estate Transactions Need Independent Guidance

Dear Monty: I have two brothers, Bill and Jerry. Bill and Jerry purchased a property together in October 2016. Bill, with his wife, also bought a property in September 2019. Jerry and I are looking to buy a property together. We plan to sell Bill and Jerry’s property to buy this property. Here are my…


Over 95 Percent of US States Saw Hefty Rent Hikes Since Last Year

A new rent report just released by Rent.com indicates that 95 percent of U.S. states faced significant rent increases over 2021.  The cost for one-bedroom units increased by an average of 22.6 percent, while two-bedroom units experienced hikes of around 20.4 percent. Rent.com, an apartment search engine and online marketplace catering to Millennials, is owned…


Canada’s Housing Affordability Crisis: No Fix Without Increasing Rentals Supply, Says Economist

Housing market analysts have long pointed to a lack of supply as the key issue to resolve, and CIBC’s deputy chief economist Benjamin Tal says not enough attention is being placed on the rental market.


Home Wine Cellars: A Liquid Home Improvement

Creating and curating a wine collection is serious business for oenophiles. Sir Robert Scott Caywood may have summed it up best, “Compromises are for relationships, not wine.” This raises two questions: Why do I need to protect my wines and what’s the best way to do so? Acquiring a 1947 Cheval-Blanc is only the first…


A Redux of Dean Martin’s Beverly Hills Estate Lists for Nearly $30 Million

A remarkable Beverly Hills mansion brings to mind the days when legendary singer Dean Martin and his famous “Rat Pack” pals were the toast of the town. This stunning new pad is a contemporary 10,000-plus square foot redux by developer Patrik Mirahmadi on the site of the famous crooner’s estate. Designed to retain the soul…


FBI Forms Crypto Unit to Track Illicit Funds; Broker: FL Home Sales Not Slowing Down | NTD Business

Home sales are showing no sign of slowing down. We talk to a seller in the red hot Tampa Bay market about how active big institutional buyers are there. New cryptocurrency scams are popping up, trying to lure people into buying their tokens. We have tips on how you can avoid falling for them. Louis Vuitton…


Fed Adopts Strict Rules Over Stock Trading; Broker: FL Home Sales Not Slowing Down | NTD Business

Home sales are showing no sign of slowing down. We talk to a seller in the red hot Tampa Bay market about how active big institutional buyers are there. New cryptocurrency scams are popping up, trying to lure people into buying their tokens. We have tips on how you can avoid falling for them. Louis Vuitton…


Beijing Pushes Policy Support for Real Estate Sector

Commentary As China’s real estate sector woes deepen hitting developers and local budgets, policy support is coming to their aid from Beijing. The Chinese Communist Party (CCP) has mobilized its so-called “national asset managers” to support its tottering real estate developers and avert a full-on property market collapse. The asset management companies, which include China…


Difference Between House and Unit Prices at All-Time High in Australia

The gap between Australia’s house and unit prices has reached record high in January of 28.3 percent after houses grew almost twice as fast in value over the same period. CoreLogic’s latest monthly market update revealed that units recorded a growth rate of 14.3 percent in the 12 months to January while houses grew 24.8…


8 Essential Tips for Dealing With City Hall

Dear Monty: We bought our home in 2018. My mother purchased the plot directly behind our property and built herself a home. Keeping the two properties separate was strategically decided to take advantage of her homestead exemptions and freeze her property taxes. We did entertain early on combining both properties under our homestead. The original…