realestate
The mortgage banking industry made a strong recovery in the second quarter of 2024, demonstrating resilience amid economic uncertainty. Independent mortgage banks and mortgage subsidiaries of chartered banks reported significant increases in pre-tax net profits per loan, reversing the downward trend from previous quarters. The Mortgage Bankers Association’s (MBA) Quarterly Mortgage Bankers Performance Report highlighted these positive developments, providing a comprehensive look at the industry’s performance during this period. In the United States, the MBA Weekly Mortgage Application Survey o...
Invezz
Patrick Delaney, the CEO of Foxtel, has issued an “unreserved” apology following the emergence of a photograph showing him performing a Nazi salute. The image, which surfaced recently, has drawn widespread condemnation and sparked a discussion about racism and antisemitism in Australia. Delaney apologizes and explains contextIn an email to Foxtel staff, Delaney expressed deep regret, stating that regardless of the context, the act was offensive. He clarified that the gesture was intended to mimic a pose made by fans of the Western Sydney Wanderers football club during the 2014-15 season. At th...
Invezz
Colorado House of Prayer"라는 이름의 교회 그룹 네트워크가 250만 달러 규모의 본당을 구매하기 위해 교회를 토큰화했습니다. 이 프로젝트를 이끄는 목사 Blake Bush는 그룹의 사명을 발전시키기 위한 도구로 블록체인 기술을 사용하라는 신의 뜻에 이끌렸다고 말합니다. 건물을 토큰화하다Forbes의 보고서에 따르면, Bush 목사의 교회와 다른 교회 그룹들은 이 건물을 소유주인 지역 사업가로부터 임대해 사용해 왔습니다. 이 사업가는 자동차 딜러십도 운영하고 있습니다. 11,457제곱피트 규모의 건물은 석조 외관으로 인해 "Old Stone Church"라고 불립니다. 현재 소유자는 2022년에 220만 달러에 이 건물을 구입했습니다. 보고에 따르면, Bush와 Colorado House of Prayer 그룹은 이 건물을 250만 달러에 구매할 계획입니다. Bush는 영적 경험을 통해 이 건물을 토큰화하여 블록체인에 디지털 자산으로 등록하고 이를 지분으로 나누는 아이디어를 생각해냈다고 전했습니다. Bush는 Forbes에 "주님께서 '건물을 토큰화하라'고 말씀하셨습니다"라고 전하며, "이 일을 위해 몇 년 동안 기도해왔고 하나님께서 '내 ...
Cointelegraph KO
A network of affiliated church groups called the “Colorado House of Prayer” has tokenized its main chapel in an effort to purchase the $2.5 million building. The pastor heading the project, Blake Bush, says he was compelled by a higher power to use blockchain technology as a tool for advancing the group’s mission. Tokenize the buildingAccording to a report from Forbes, Bush’s congregation and other church groups had been renting the building from its owner, a local businessperson who also owns a car dealership. The 11,457-square-foot building, called “Old Stone Church” due to its stone exterio...
Cointelegraph
The UK’s commercial real estate market is showing signs of a robust recovery, outpacing the rest of Europe after enduring a two-year downturn fueled by high interest rates. Recent data highlights a resurgence in deal volumes and property values in the UK during the first half of 2024, in stark contrast to the more sluggish recovery seen in other major European markets like Germany and France. According to market data, commercial real estate values across Europe have fallen by nearly 25% from their peak in 2022. However, the first half of 2024 has seen a modest recovery, with prices rising by a...
Invezz
New York City has long been known as one of the most expensive cities in the world, where the cost of living can push even the most financially secure individuals to their limits. For many, the dream of living in the Big Apple comes with the harsh reality of exorbitant rents and limited affordable housing options. The average rent for a one-bedroom apartment in Manhattan hovers around a staggering $4,200 a month, leaving many residents struggling to find a place they can afford. For those with less financial means, the situation is even more dire. A recent example includes a mother who moved i...
IBTimes
Realtor.com has identified Oshkosh, a midwestern city, as the hottest housing market in the United States as of July 2024. This surprising leader reflects a broader trend where smaller, more affordable cities are outpacing traditional real estate powerhouses like San Francisco and New York City. The report highlights the shifting dynamics in the US housing market, driven by high demand, limited inventory, and a significant migration away from major metropolitan areas. Midwest real estate dominates the marketOshkosh’s rise to the top spot is part of a larger trend favoring midwestern cities. Re...
Invezz
Compared to other European countries, Germany is an expensive place for home buyers, a study released on Friday by the management consultants Deloitte showed. To purchase a flat in a newly constructed building, homebuyers need to spend €4,700 ($5,170) per square metre. Only Austria is slightly more expensive. In terms of average income, a 70-square-metre flat is cheapest in Denmark. Priced at nearly €3,000 per square metre, Danes only have to pay 4.7 annual salaries for a home that size. According to Deloitte, property is also very cheap in Italy, where around five annual salaries are enough t...
DPA International
Compared to other European countries, Germany is an expensive place for home buyers, a study released on Friday by the management consultants Deloitte showed. To purchase a flat in a newly constructed building, homebuyers need to spend €4,700 ($5,170) per square metre. Only Austria is slightly more expensive. In terms of average income, a 70-square-metre flat is cheapest in Denmark. Priced at nearly €3,000 per square metre, Danes only have to pay 4.7 annual salaries for a home that size. According to Deloitte, property is also very cheap in Italy, where around five annual salaries are enough t...
DPA International
Compared to other European countries, Germany is an expensive place for home buyers, a study released on Friday by the management consultants Deloitte showed. To purchase a flat in a newly constructed building, homebuyers need to spend €4,700 ($5,170) per square metre. Only Austria is slightly more expensive. In terms of average income, a 70-square-metre flat is cheapest in Denmark. Priced at nearly €3,000 per square metre, Danes only have to pay 4.7 annual salaries for a home that size. According to Deloitte, property is also very cheap in Italy, where around five annual salaries are enough t...
DPA
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