auspol in this businessinsder piece on the Hampton has this little tit bit, In November, the average rate on a 30-year, fixed rate mortgage rose to 4.94%, the highest level in seven years. A 30year fixed rate mortgage, How come we don't have that here in Australia?
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Walmart taps 4 more delivery companies to help it get groceries to homesWalmart says it's now working with Point Pickup, Skipcart, AxleHire and Roadie in cities across four states, to start, with a larger expansion to take place 'in the coming weeks.' How about adding more cashiers?
Source: CNBC - 🏆 12. / 72 Read more »
$1 home deal sparks buying stampede in SicilyTempted by the deal offering homes for just over $1 in the town of Sambuca on Italy's island of Sicily? So's everyone else, deluging its deputy mayor with tens of thousands of inquiries. 5 people will receive $500 within 20 hours of this tweet. To enter retweet and follow so I can DM you. Seriously, I need a house in Sambuca, and another one on the Isle of Man... ...an offer you can't refuse
Source: CNN - 🏆 4. / 95 Read more »
German Police Have Raided The Homes Of Suspected KKK MembersMore than 100 weapons were confiscated during the nationwide raids, and 40 people are now under investigation.
Source: BuzzFeed - 🏆 730. / 51 Read more »
Buyers are finally finding more discounts on new homes — but only in these citiesNearly one in four newly-constructed homes saw a price cut in the fourth quarter of 2018. Welcome to the liltle house on the prairies..
Source: MarketWatch - 🏆 3. / 97 Read more »
A growing number of towns around the world are offering homes to newcomers for almost freeAn Italian town just began offering homes for less than $2. Elsewhere, similar programs have long been in place. Please don’t make me pay for this article!!! This effing administration is crazy! Is there an escape? Seattle has a bunch of people who could use a house. How can we send them Where an how can I get to these towns
Source: washingtonpost - 🏆 95. / 72 Read more »
Student debt has prevented hundreds of thousands of millennials from buying homes, Fed saysMounting student debt has weighed on homeownership among young Americans, the Federal Reserve said in a new report. Duh🙄 Without the Fed how would I have known that? 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »
Student debt may have prevented 400,000 young adults from buying homesA forthcoming paper from Federal Reserve economists finds that rising student debt accounts for 20% of the drop in homeownership among young adults Another successful disaster by Obama taking over the student loan program! Get Government out of everything.
Source: MarketWatch - 🏆 3. / 97 Read more »
Here's the town with the most valuable homes in every stateUsing data from the US Census Bureau, we found the town in every state with the highest median home value. See this outstanding offer - Bonkers!
Source: BusinessInsider - 🏆 729. / 51 Read more »
More homes are for sale, but fewer are affordableThe supply of homes on the market is finally rising, after falling to record lows. But a growing share of those homes are still out of reach to most buyers. Pop the bubble! Pop the bubble!
Source: CNBC - 🏆 12. / 72 Read more »
Analysis | Detailed data show the value of land under homes across the countryThe most comprehensive analysis yet shows land costs are rising faster than the cost of the homes on top of them. It's time to repeal the law of supply and demand. The writer's mad. He's angry the people who paid very high prices to purchase homes in NYC, San Francisco, Boston or Seattle are seeing rapid increases in the land value those homes stand on. He uses 'sophisticated terms' to signal they're undeserving and privileged. Hint: dirt becomes more expensive when you limit which bits can be used. Almost 30% of all properties in Manhattan are landmarked.
Source: washingtonpost - 🏆 95. / 72 Read more »