Technological advancements in the past have dramatically changed every sector across the globe. The development of real estate apps is one of the most impactful innovations. Along with increased connectivity, technological advancements have also reduced fatigue, making the physical presence of an individual more important. Let's talk about the real estate industry. Nowadays, you can take virtual tours of properties, browse online property listings, and interact with local agents to get vital information. You don't have to go from agent to agent to get your desired property or put your property up for sale. With the advancement in technology, you…
Author: Private Lending Agent
Even as demand for commercial real estate is on the rise, analysts are being cautious about the stocks due to concerns about valuations, which they say have priced in much of the positive news but not the possibility of a future glut. “Commercial real estate stocks are currently overvalued and many of them have already priced in FY26 profits. Investors should not rush into taking fresh positions unless they see significant value in the stocks,” said Deven Choksey, MD, DRChoksey FinServ.For real estate companies like DLF, Embassy REIT and Mindspace Business Parks REIT, rental portfolio constitutes 45-100 per cent of…
Real Estate (Photo: Wikimedia Commons)4 min read Last Updated: July 19, 2024 | 11:08 AM IST Even as demand for commercial real estate is on the rise, analysts are being cautious about the stocks due to concerns about valuations, which they say have priced in much of the positive news but not the possibility of a future glut. “Commercial real estate stocks are currently overvalued and many of them have already priced in FY26 profits. Investors should not rush into taking fresh positions unless they see significant value in the stocks,” said Deven Choksey, MD, DRChoksey FinServ.For real estate companies…
Image credit: aristotoo/ Getty Images Egypt's central bank kept its overnight interest rate unchanged on Thursday, as expected, saying economic growth remains slow but inflation is falling. The bank's Monetary Policy Committee (MPC) kept deposit rates unchanged at 27.25% and lending rates at 28.25%. All but one of 18 analysts polled by Reuters expected rates to remain unchanged, with only one forecasting a 100 basis point cut. The decision keeps the overnight deposit rate below headline inflation, which stood at 27.5% in June. Real interest rates have been negative since January 2022. Inflation fell for a fourth consecutive month in…
LR: Tim Pacey, Christian Dixon, Lewis Wingent Three estate agents who met while working together at Foxtons have left the London-based firm to set up their own property company. Tim Pacey, Christian Dixon and Lewis Wingent recently left Foxtons to set up their own property company in Surrey. Mr Pacey and Mr Dickenson are operations directors with 17 years' tenure each, while Mr Wingent was lettings manager at Foxtons for around eight years. A new independent real estate company is based in Effingham, with offices just off the main street. Specialising in sales, lettings, property management and auctions, the company…
7 hours 10 minutes ▪ Reading time 4 minutes ▪ Author: Evans S. On July 18, 2024, the Governing Council of the European Central Bank (ECB) decided to keep its key interest rates unchanged. This decision is aimed at curbing persistent inflation, but it raises important questions about its impact on the cryptocurrency market. Indeed, cryptocurrency investors are closely monitoring these financial decisions as they affect the perception of digital assets as an alternative store of value. Interest rates and cryptocurrencies: a murky relationship The ECB maintains high interest rates (4.25% for main refinancing operations, 4.50% for marginal lending facilities,…
Few things can ruin the peace you found during your vacation more easily than coming home to find your basement flooded. I know this from experience: I recently returned from a trip to find that a pipe had burst and water had been pouring relentlessly into my basement for weeks. I live in Toronto, and like most big cities in Canada, our water usage is metered. In a metered water system, even the smallest leak can quickly send your water bill soaring. Experts point out that so-called “invisible leaks” can easily leak so much water that a burst pipe can…
Last month, the region's share of over-bid areas in the GTA fell for the third consecutive month, despite the Bank of Canada's interest rate cuts. The 25 basis point cut “is not enough to provide further fuel to a housing market facing high home prices and (many) properties for sale.” Of the 300 GTA neighborhoods that saw at least five home sales in June, 27 per cent saw transactions above bid, down from 36 per cent in May and 39 per cent in April, Wahi said. Seventy-one per cent were in the below-bid area, and the remaining 2 per cent…
Before we can screen any tenants, it is mandatory that we have a fully completed and signed rental application for each applicant who is 18 years of age or older. Only then will it be worthwhile to run a tenant screening report or contact employers or previous landlords. Still, there are plenty of regulations at both the federal and state levels that landlords need to consider before distributing rental applications. Landlord-tenant relationship and anti-discrimination laws are especially important to know, given the number of free rental applications available on the good old internet. National Rental Application Do's and Don'ts and…
The European Central Bank on Thursday reaffirmed its cautious stance on cutting interest rates, opting to keep them on hold as inflation remains above the bank's target range. The ECB decided to keep its key deposit rate unchanged at 3.75%, judging that this level would help stave off loan demand from households and businesses and ease the euro zone's slowing economy and inflationary pressures. The decision follows a quarter-point cut last month, the first in nearly five years. Euro zone inflation has fallen significantly from a peak expected in the second half of 2022 to an average of 2.5% in…