Best’s Commentary: Louisiana’s Proposed Property Market Fix a … – Business Wire

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best is of the view that Louisiana’s plan to appropriate $45 million in funds to attract insurance companies to take on more property risk and reduce the burden on the state-run insurer of last resort is likely to be a short-term stopgap as opposed to as an effective long-term fix given ongoing …

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Melbourne house prices dropped, but property is hardly more affordable – Sydney Morning Herald

Normal text sizeLarger text sizeVery large text size House prices may be falling but bargains are few and far between, even in outer-suburban Melton where Laurel Maddalon bought her first home just before Christmas. The 44-year-old library officer had been looking to buy for a while, and realised the suburb was becoming much harder to …

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House prices – Forbes Advisor UK – Forbes

What’s the latest information on house prices? We monitor the leading indicators to keep you regularly updated about key movements in the UK’s property market 27 January: Rents Hit Record Highs As Demand Outstrips Supply Rents across the country are at record highs, according to Rightmove, writes Jo Thornhill. Outside London, they stand at an …

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Why property prices in Norway may not fall as sharply as first feared – The Local Norway

House prices have fallen in Norway since last autumn. The dip comes after two years of robust growth and high demand in the Norwegian property market.  Much of the demand was triggered by historically-low interest rates making mortgages more affordable.  Over the past few months, several forecasts have indicated that home prices in Norway will …

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How London’s property market became an inheritocracy – Financial Times

© Stephen Collins As a professor at the London School of Economics, one of the world’s top universities, Paul Cheshire earns well above the average Londoner’s salary. And yet his home, in Islington, has made even more. “We’ve generated housing equity that’s more than my salary throughout my life,” says Cheshire, whose specialism is economic …

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D-FW is the most favored U.S. metro area for commercial real estate deals – The Dallas Morning News

Commercial property buyers are targeting North Texas as the top market for new deals this year. The Dallas-Fort Worth area ranked first in the nation for 2023 real estate investment among the 10 largest U.S. metro areas, CBRE Group found in a new survey. “In prior downcycles, D-FW has proven to be more resilient than …

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The housing market is ‘thawing’ from a ‘months-long freeze,’ Freddie Mac says, as mortgage rates continue their downward trek and Fannie Mae chief economist sees house prices dropping in 2023 and 2024 – MarketWatch

Hi, MarketWatchers. Don’t miss these top stories. The housing market is ‘thawing’ from a ‘months-long freeze,’ Freddie Mac says, as mortgage rates continue their downward trek  The 30-year mortgage rate is averaging at 6.13%, Freddie Mac said in its latest weekly survey on Thursday. Read More Ex-federal investigator lost job after baseball-card addiction led him …

The housing market is ‘thawing’ from a ‘months-long freeze,’ Freddie Mac says, as mortgage rates continue their downward trek and Fannie Mae chief economist sees house prices dropping in 2023 and 2024 – MarketWatch Read More »

Mortgage Rates Fall to 6.13% – Barron’s

Homebuyers are still concerned about high mortgage rates. Micah Green/Bloomberg Mortgage rates fell for the third consecutive week. The retreat has prompted optimism for the housing market—but it may be too soon to say how it will translate for the normally busy spring season. The average rate on a fixed-rate 30-year mortgage was 6.13% as …

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Mansion Global Daily: Chinese Buyers Expected to Return to … – Mansion Global

News Briefs Chinese Buyers Expected to Return to Australian Property Markets Chinese investment in Australia’s property market is expected to reach A$4.8 billion (US$3.4 billion) in 2023, double last year, according to a report by Asian real estate technology group Juwai IQI. China has recently resumed issuing travel visas and international flights, and “this will …

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