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IRD cracks down on residential property investors shirking bright line

IRD cracks down on residential property investors shirking bright line

Inland Revenue is cracking down on residential property investors who have sold without paying tax on the prof...

Homebuyer demand may have peaked as mortgage applications eke out a weekly gain

Homebuyer demand may have peaked as mortgage applications eke out a weekly gain

Homebuyer demand had mortgage lenders incredibly busy over the summer, but that may have peaked. Mortgage appl...

European fiscal stimulus: more spending for more growth

European fiscal stimulus: more spending for more growth

The European Central Bank has been leading the push to stimulate Europe’s economy, keeping the cost of borrowi...

Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volu...

Pete Buttigieg unveils $1 trillion plan for affordable housing and child care — and says how he’d lower the cost of college

Pete Buttigieg unveils $1 trillion plan for affordable housing and child care — and says how he’d lower the cost of college

Democratic presidential contender Pete Buttigieg unveiled plans on Friday to invest more than $1 trillion in c...

Q & A: Changes at Duane Johnson Real Estate

Q & A: Changes at Duane Johnson Real Estate

Celebrating its 30th year, Duane Johnson Real Estate is a locally owned and globally connected real estate bro...

Mortgage demand falls again, despite lower interest rates

Mortgage demand falls again, despite lower interest rates

After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Ove...

IRD cracks down on residential property investors shirking bright line

IRD cracks down on residential property investors shirking bright line

Posted By: Editorial Teamon: November 30, 2020In: REAL ESTATENo Comments

Inland Revenue is cracking down on residential property investors who have sold without paying tax on the profits. The department is matching tax returns with property transactions and is contacting who might be affected and asking tax advisers to do the same. KPMG tax partner Paul McPadden said the crackdown was no surprise in the […] Read more

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Homebuyer demand may have peaked as mortgage applications eke out a weekly gain

Homebuyer demand may have peaked as mortgage applications eke out a weekly gain

Posted By: Editorial Teamon: October 28, 2020In: REAL ESTATENo Comments

Homebuyer demand had mortgage lenders incredibly busy over the summer, but that may have peaked. Mortgage applications to purchase a home, which had fallen for four straight weeks, were essentially flat last week, rising just 0.2%, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinances helped to push total mortgage application volume up 1.7% […] Read more

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European fiscal stimulus: more spending for more growth

European fiscal stimulus: more spending for more growth

Posted By: Editorial Teamon: January 03, 2020In: FINANCE, REAL ESTATENo Comments

The European Central Bank has been leading the push to stimulate Europe’s economy, keeping the cost of borrowing for local businesses and households low. But some now say its financial toolkit is almost empty. This is important for Small and Medium Enterprises, which represent more than 99 per cent of all European non-financial companies. They […] Read more

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Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

Posted By: Editorial Teamon: November 13, 2019In: FINANCE, REAL ESTATENo Comments

Mortgage rates are turning higher again, and that was likely behind a major surge in mortgage application volume last week. This often happens at the start of a rising rate cycle, as borrowers realize rates may have hit bottom and rush to get in before they move even higher. Total mortgage application volume rose 9.6% […] Read more

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Pete Buttigieg unveils $1 trillion plan for affordable housing and child care — and says how he’d lower the cost of college

Pete Buttigieg unveils $1 trillion plan for affordable housing and child care — and says how he’d lower the cost of college

Posted By: Editorial Teamon: November 08, 2019In: POLITICAL, REAL ESTATENo Comments

Democratic presidential contender Pete Buttigieg unveiled plans on Friday to invest more than $1 trillion in child care and affordable housing over the next decade as part of a package of proposals targeting the middle class. The South Bend, Indiana, mayor also provided more details on how he would lower the cost of college, saying […] Read more

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Q & A: Changes at Duane Johnson Real Estate

Q & A: Changes at Duane Johnson Real Estate

Posted By: Editorial Teamon: October 24, 2019In: PEOPLE, REAL ESTATENo Comments

Celebrating its 30th year, Duane Johnson Real Estate is a locally owned and globally connected real estate brokerage in Cannon Beach. Established in 1990 by Johnson with the intent of exclusively serving the real estate needs of the Cannon Beach and Arch Cape areas, this year saw the agency move to the next level with […] Read more

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Mortgage demand falls again, despite lower interest rates

Mortgage demand falls again, despite lower interest rates

Posted By: Editorial Teamon: July 26, 2019In: MARKETING, REAL ESTATENo Comments

After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Overall mortgage application volume fell 1.9% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was still 34% higher than a year earlier, thanks to a stronger refinance market this year. The average contract […] Read more

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Demand for Hong Kong Logistics, Industrial Properties Remains Stable Despite US-China Trade War

Demand for Hong Kong Logistics, Industrial Properties Remains Stable Despite US-China Trade War

Posted By: Editorial Teamon: July 02, 2019In: MARKETING, POLITICAL, REAL ESTATE, TRADINGNo Comments

According to global real estate consultant JLL, although the US-China trade war has cast a shadow over Hong Kong’s economy, the industrial property market continues to be a bright spot. Driven by expansion requirements from logistics companies, demand for industrial property remained largely intact in May with several large transactions being recorded. In the leasing […] Read more

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Mortgage lenders finally see bigger profit margins ahead as demand surges

Mortgage lenders finally see bigger profit margins ahead as demand surges

Posted By: Editorial Teamon: June 12, 2019In: MARKETING, REAL ESTATENo Comments

The net profit margin outlook for mortgage lenders moved into positive territory in the second quarter for the first time in three years, according to Fannie Mae’s quarterly Mortgage Lender Sentiment Survey. Mortgage rates are now down dramatically from the highs of November. The average rate on the 30-year fixed for conforming loan balances was […] Read more

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California governor unveils record $213 billion budget but says recession of $70 billion could hit coffers

California governor unveils record $213 billion budget but says recession of $70 billion could hit coffers

Posted By: Editorial Teamon: May 10, 2019In: FINANCE, MARKETING, REAL ESTATENo Comments

California Gov. Gavin Newsom, in his revised state budget, proposes a record $213.5 billion spending plan for the next fiscal year — that’s a 2% increase over his January budget. But the Democratic governor cautions about an inevitable recession and estimates the next downturn could result in a $70 billion hit to California’s coffers. Newsom’s […] Read more

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