The Government of Canada has introduced legislation prohibiting foreigners without permanent residence in the country from buying homes. The measure is aimed at controlling prices in one of the most expensive real estate markets in the world to stop investors. The Canadian government, led by Justin Trudeau, explained it in a statement. In it, the … Read more
In its quest to control home prices, the Canadian government has implemented a drastic measure: It will ban home purchases by non-resident foreigners for the next two years. It will do so by means of a law which entered into force on 1 January and which was approved by Justin Trudeau’s government in the face … Read more
While acquiring a property isn’t within everyone’s reach, they are there alternatives that help so that the outlay is not so high and therefore being an owner becomes a reality. To date, the properties up for auction are a great opportunity for anyone interested in buying a cheaper housing. Houses which, on occasion, can be … Read more
Freddie Mac has released the results of his Primary Mortgage Market Survey (PMMS), showing that the 30-year Fixed Rate Mortgage (FRM) averaged 6.27%which represents a decrease from the previous week. “Ahead of the holidays, mortgage rates have continued to fall”said Sam Khater, chief economist at Freddie Mac. “Rates have dropped significantly over the past six … Read more
A similar project was rejected last year, but it looks like it could have enough backing this year, as it has the signatures of more than 30 councillors, which they say seeks to end discrimination in housing. “All we’re saying is if a person has served their sentence, done whatever they had to do to … Read more
Mayor Eric Adams hates rats so much that he once called a press conference to demonstrate a device for drowning them in poison. Now Adams is contesting a $300 fine imposed by his own administration for a rat infestation in a building he owns in Brooklyn. On May 10, the city’s Department of Sanitation issued … Read more
Although the figure of leasing with an option to purchase exists, it has not even been an option for people to buy a house, since the amount between the rent and the monthly payment of a mortgage is different, explained Luis Alberto Alvarado Moreno, president of the Mexican Association of Real Estate Professionals (AMPI). In … Read more
“Now, if not to get cold, one after another.” Like every year, the heating season or “warm season” in New York begins from the month of October until the end of May. During this period, the building owners have a legal obligation to provide heating and hot water to the tenants, but this is not … Read more
Online loans have positioned themselves as one of the best solutions for dealing with a wide variety of unforeseen expenses, as well as for turning all kinds of projects, both personal and professional, into reality. That’s why it is an essential ally to completely or partially reform our home and thus build the house of … Read more
The number of mortgages issued on homes in Spain stood at 44,119 in September, the highest number for this month since 2010when some 53,000 mortgages were signed, according to data from the National Institute of Statistics (INE). mortgages grow by 4% over a year ago, adding up to 19 months. The average amount increased by … Read more