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+25 +1
Seattle becomes No. 1 U.S. market for Chinese homebuyers
There’s been a large increase this year in Chinese buyers looking for property in the Seattle area, and a new tax on foreign buyers in Vancouver, B.C., is expected to amplify the trend.
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+9 +1
Harry Potter and the £500,000 house: 'Privet Drive' on the market
The home used as 4 Privet Drive in Harry Potter and the Philosopher's Stone is for sale in Bracknell for £475,000. Owners will get a three-bed house with large garden and cupboard under the stairs
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+4 +1
Eight of the craziest perks we’ve seen in luxury real estate listings
Developers have resorted to new techniques to combat a softening market. By Madeline Stone. (Aug. 15, 2016)
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+18 +1
Aroma: The New Building Amenity
Some residential buildings in New York have been infusing lobbies, hallways and fitness centers with fragrances to entice buyers and renters. By Ronda Kaysen.
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+5 +1
London House Prices Forecast to Plunge as Brexit Chokes Market
London property prices are set to fall next year as uncertainty about Britain’s exit from the European Union damps the U.K. housing market, according to the Centre for Economics and Business Research. London, and especially the priciest areas of the capital’s housing market, will be most affected, with prices dropping 5.6 percent in 2017, according to the consultancy’s predictions. Across the U.K., while property value growth will accelerate to 6.9 percent in 2016, it’s set to slow to 2.6 percent next year.
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+3 +1
China capital flight flashes warning as authorities forced to prick property bubble
Capital outflows from China are accelerating. By Ambrose Evans-Pritchard.
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+9 +1
The Mega Rich Have Found an Unlikely New Refuge
When being remote becomes an advantage. By Emma O’Brien. (Nov. 2, 2016)
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+20 +1
Vancouver Housing Tax Pushes Chinese to $1 Million Seattle Homes
Just a few days after Vancouver announced a tax on foreign property investors, Seattle real estate broker Lili Shang received a WeChat message from a wealthy Chinese businessman who wanted to sell a home in Canada and buy in her area. After a week of showings, he purchased a $1 million property in Bellevue, across Lake Washington from Seattle. He soon returned to buy two more, including a $2.2 million house in Clyde Hill paid for with a single cashier’s check.
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+32 +1
The American Dream Mall Is a Nightmare for New Jersey
Will the mall ever open? By Susan Berfield, Ilya Marritz, and John Reitmeyer.
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+20 +1
Fears of a 'massive' global property price fall amid 'dangerous' conditions and market slow-down
Property prices have climbed to dangerous levels in several advanced economies, raising the risk of massive price falls if markets overheat, according to the Organisation for Economic Co-operation and Development (OECD). Catherine Mann, the OECD’s chief economist, said the think-tank was monitoring “vulnerabilities in asset markets” closely amid predictions of higher inflation and the prospect of diverging monetary policies next year.
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+4 +1
'Our £820,000 house is too big - but there's nowhere to move to'
It’s well known that there is a housing crisis which leaves young people unable to buy their own homes. But there is also a crisis at the other end of the property market which leaves thousands of older people imprisoned in unsuitably large properties. A lack of smaller, more manageable homes, along with punitive stamp duty and other moving costs, is leaving would-be downsizers stumped.
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+35 +1
Landlords Are Taking Over the U.S. Housing Market
As rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters—and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and ClearCapital.com Inc.
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+22 +1
Businessman from China investing in Vancouver real estate ordered to repay millions
In what's being described as a landmark case, a businessman accused of disappearing from China, after withdrawing a loan there equivalent to $10 million and reappearing in Vancouver in possession of several multi-million dollar Lower Mainland properties, has been ordered to repay the money. In June 2016, lawyers for China CITIC Bank brought an application before a B.C. Supreme Court judge to freeze the assets of Shibiao Yan, who was accused of approving the withdrawal of a 50 million RMB line of credit extended to a company he controlled in China and never repaying it.
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+15 +1
How much it will cost to create virtual reality estate tour?
How much it will cost to create virtual reality estate tour? AirBnB with simple step by step guide with cost calculation to increate sales? In this article, we are going to talk about VR tours which are fairly useful to businesses to present themselves. It will be very useful for hotels, real estate agencies, museums and so on. Let us guide you through 5 simple steps to build your own Virtual Reality tour. You will see that it is much easier than you might have ever imagined.
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0 +1
4 No Stress Tricks for Preparing to Sell an Inherited Property in Philadelphia & Surrounding Counties - Homes For Cash, LLC
Thinking about selling your inherited house? In this blog post you’ll read about the 4 no stress tricks for preparing to sell an inherited property in Philadelphia & Surrounding Counties so you can sell it easily, with no hassle.
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+17 +1
How Canada completely lost its mind over real estate
Not many events can compel people to shell out more than $150 to spend an entire Saturday perched on metal folding chairs inside a chilly, cavernous auditorium. But in Toronto, the prospect of getting rich in real estate will do the trick. Last month, a spectacle billed as the Real Estate Wealth Expo stormed into town, drawing upwards of 15,000 people to see an eclectic mix of speakers, from motivational speaker Tony Robbins to musician and gyration enthusiast Pitbull.
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+17 +1
Ontario slaps 15% tax on foreign buyers, expands rent control in 16-point plan to cool housing
Measures introduced Thursday by the Ontario government to cool the hot housing market – including a 15 per cent foreign buyers’ tax – are not expected to hurt the mortgage books of the country’s big banks. But mortgage growth at the Big Six banks could be curbed, and analysts and other industry watchers also suggested unintended consequences could hit other consumer lending portfolios within the banks.
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+2 +1
The Average Purchase Price for a Home Has Gone Up in 24 of the 25 Most Populous Cities in the World Over the Last Year.
Rising real estate prices are almost always expected during the spring in the U.S. More people are looking for a home and sellers that have waited until now to list their homes can usually score a quick sale if they price their house correctly. Outside of the U.S., prices are mostly on the upswing, continuing a climb that started after the fallout of the 2008 U.S. housing crisis had been realized.
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+1 +1
Home Foreclosure Rates are Hitting Record Lows in the U.S.
Foreclosure rates have dropped by nearly 85% from their 2009 high in the United States. Data released by the Federal Reserve reveals that there were only about 85,000 foreclosures throughout the country during the last quarter of 2016. To put that in perspective, there were around 550,000 foreclosures during the first quarter of 2009.
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+23 +1
Haunted House Hunting with Mrs. Butler
“Once you accept the notion that some kind of anima invigorates our skin and bones, there’s no reason we couldn’t reverse the logic and say that people are just ghosts that happen to have physical bodies. “ By Aaron Dabbah.
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