Real Estate

Many aspiring homeowners find the task of coming up with a down payment to be quite daunting. However, according to a recent survey by Clever.com, 77% of future homebuyers have already started putting money aside for this purpose. The report further reveals that 57% of potential buyers plan to put less than 20% down when
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The real estate market experienced a setback in April, with sales of previously owned homes falling short of expectations. The National Association of Realtors reported a 1.9% drop in sales to 4.14 million units on a seasonally adjusted annualized basis. This decline came as a surprise to many, as the forecast had anticipated a slight
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China’s recent policies to boost the real estate market have been met with mixed reactions from analysts. Despite the government’s efforts, experts believe that these initiatives will take time to yield concrete results. S&P remains cautious about the situation, stating that the property market is still in search of a stable foundation. Edward Chan, director
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Phoenix, the fifth-most populous city in the United States, has been making strides in combating inflation, with recent data indicating a positive trend. The city’s inflation rate of 2.6% from April 2023 to the present has been slower than the national average of 3.4%, showcasing promising signs for the local economy. The Bureau of Labor
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In an attempt to address issues in the massive real estate sector, Chinese authorities have recently pledged new support for state-owned enterprises. The objective of this effort is to enable these enterprises to purchase unsold apartments, which in turn could provide developers with the necessary funding to finish construction on pre-sold properties. People’s Bank of
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