A real estate agency window in Alicante, Spain. Sopa Images | Lightrocket | Getty Images More Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad or to enjoy a new life in retirement. The number of Americans living in Spain grew by 13% from 2019 to 2021, and home sales
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In this article KREF GLE-FR KKR Follow your favorite stocksCREATE FREE ACCOUNT Mayors in cities across the U.S. want to loosen rules that can slow the pace of office-to-residential conversions. In some instances, cities have offered generous tax abatements to developers who build new housing. “We have a great opportunity to change the uses in
Virojt Changyencham | Moment | Getty Images With some employees pushing back against return-to-office plans and the hybrid work model of three days a week in person seeming to be the sweet spot, the idea of bringing workers back to the office for a five-day workweek appears to have hit a wall. Office attendance has
Suburban residential properties and distant city high-rises in Ruskin Park, a public green space in Lambeth, on 11th June 2023, in London, England. Richard Baker | In Pictures | Getty Images The Bank of England warned already struggling homeowners could see monthly mortgage repayments rise sharply in the coming months, but stressed households today are
A crane with the China Vanke logo at a residential construction site in China, on Sept. 28, 2021. Qilai Shen | Bloomberg | Getty Images Chinese real estate stocks mostly rose after the country announced it will extend two financial policies to support the real estate market until the end of 2024. Hong Kong-listed real
A for sale sign is posted in front of a home for sale on February 20, 2023 in San Francisco, California. Justin Sullivan | Getty Images Home prices hit a record high in May, rising 0.7% nationally compared with April at a seasonally adjusted rate, according to the Black Knight Home Price Index. Prices, which
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates last week hit their highest level since the end of May, which in turn weighed on mortgage demand. Total mortgage application volume dropped 4.4% last week compared with the previous
U.K. homeowners and would-be buyers have been beset by rising borrowing costs over the past year as the Bank of England has sought to get a handle on stubbornly high inflation. Anadolu Agency | Anadolu Agency | Getty Images LONDON — U.K. house prices fell at their fastest annual pace in 12 years in June
When the market is volatile, it’s important to be mindful of your other assets and think of your portfolio in a holistic way, said certified financial planner Lazetta Rainey Braxton, co-founder and co-CEO of virtual advisory firm 2050 Wealth Partners. “When we are thinking about market volatility, that means that there is uncertainty about what direction
A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif. Patrick T. Fallon | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage hit 7.22% Thursday, according to Mortgage News Daily. That’s the highest point since early November. Mortgage rates follow loosely the yield on
In this article MSFT GOOGL NVDA META TSLA Follow your favorite stocksCREATE FREE ACCOUNT A shopper stands in front of a Tesla Motors showroom at a retail shopping mall in Hong Kong. Sebastian Ng | Sopa Images | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter.
Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, shows Ryan Paredes (L) and Ariadna Paredes a home for sale on April 20, 2023 in Cutler Bay, Florida. Joe Raedle | Getty Images Home prices peaked last June, falling sharply through the beginning of this year. Now, they’re recovering steadily. Home prices in