In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments. The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto…
Shoppers push carts in Ottawa on Tuesday, June 25, 2024. (THE CANADIAN PRESS/Sean Kilpatrick) · The Canadian Press Canada’s annual inflation rate remained flat at 1.7 per cent in May, according to the latest data from Statistics Canada released Tuesday. The federal agency says a smaller price increase for rent and a decline in travel…
Real estate giant Compass is suing Zillow, alleging that the online property website is violating antitrust laws with a new rule that bans home listings from its platform if they appear on any other service for more than 24 hours before being posted on Zillow. Zillow’s rule, announced by the company in April, took effect…
At 62, Josh C. is preparing to retire with a net worth exceeding $4.2 million. It’s a fortune built not through inheritance or lottery winnings, but through disciplined real estate investing and smart financial habits developed over three decades. As a CPA who spent his career helping other people manage their finances, Josh turned his…
Fire, ICE, COVID; Harry and Meghan, Oprah, Gwyneth: These are some but certainly not all of the factors driving Montecito real estate into the stratosphere. The post-pandemic influx of celebrities and royals, as well as local restaurant openings that look more like red carpet events, have catapulted the small, unincorporated town of fewer than 10,000…
【彭博】– 香港在起草退市股票场外交易市场的规则，给可能持有几无价值证券的投资者弥补损失的机会。因事情未公开而不愿具名的知情人士透露，经过与市场参与者的初步磋商，香港交易所和监管机构正在研究对粉单市场的构想。知情人士称，虽然仍处于早期阶段，香港交易所以及香港证监会考虑将场外交易市场设计为“临终关怀”平台，该平台将为寻求卖出的投资者提供退出机会，不允许筹集新的资金——与美国的模式不同。估值总计超过190亿港元（24亿美元）的公司今年面临摘牌风险，原因包括由于未能公布财报或不能维持公众持股量等因素而长期停牌。面临退市风险的公司包括中国恒大等至少八家中资房企。香港交易所12月发布的市场咨询文件中，首次提到设立退市股票场外交易市场的建议。香港交易所发言人表示，港交所正在考虑设立场外交易市场的利弊，3月份咨询期结束后正在仔细评估市场反馈。香港证监会发言人称过程处于“非常早期阶段”。原文标题Hong Kong Considers New OTC Stock Market for Delisted CompaniesMore stories like this are available on b Source link
The median home sale price in the U.S. just touched a record high, but new data shows that buyers are nevertheless paying below asking price. The median sale price hit a record $396,500 for the four weeks ending June 15, or a 1% increase from a year earlier, according to a Friday report from Redfin. But…
The secretive investor behind a record-setting “billionaire bunker” transaction in Miami is celebrating his success. The seller of an undeveloped parcel right next door to Jeff Bezos has been revealed as a man named Mikhail Peleg, according to a release. The German developer and investor snagged $105 million for the plot on Monday, marking a…
Home sellers hoping to get the highest price for their listings should pay particular attention to room paint colors, among other aesthetic considerations that can drum up interest among buyers. Why? Rooms’ paint colors can boost a home’s sale price by almost $2,600, according to a new report from real estate marketplace Zillow. The hottest…
New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, policymakers and investors alike. Property fire sales at New World could drag down home prices further, while a potential default will impair banks’ loan…