Expected Updates for Budget 2024: As Budget 2024 approaches, expectations are building for major policy shifts and fiscal allocations across sectors. The real estate sector is looking forward to new tax cuts and infrastructure investments, while the finance sector is looking to subsidies for Mitra Bank. Environmental sustainability advocates are calling for significant funding for climate change measures, while the education sector is looking to strengthen teacher training and digital infrastructure. Tax experts are proposing increased personal allowances and simplification of GST, while the banking sector is eyeing privatisation and consumer tax cuts. Budget 2024 is expected to play a…
Author: Private Lending Agent
Property listings are up 6% on average compared to the second quarter of 2019 (used as the base year), meaning supply is the strongest in years. But new data shows transactions are slowing to complete, reflecting continuing affordability issues caused by high interest rates. Landmark's newly released Q2 Residential Property Trends Report provides a comprehensive analysis of property data from the second quarter of the year, examining the entire residential property transaction chain. The data reveals that Sale-Subject-Contract (SSTC) levels are down 32% compared to Q2 2019. Similarly, completion rates, while showing a modest increase in May, remain approximately 40%…
Confidence in Durban's business environment surged 17.07 index points to 55.49 points in the second quarter of this year, a record high from 38.42 points in the first quarter. The BCI report, compiled by the University of KwaZulu-Natal's Macroeconomic Research Unit, said it was the first time since the start of the third quarter of 2022 that the index had risen above 50 points, signalling a strong recovery in confidence in Durban's business environment. The institute said Durban's BCI generally moves in the same direction as the national BCI but is currently well above the national index compiled by the…
We’ve also got a bull and bear look at AT&T stock. In this podcast, Motley Fool analyst Asit Sharma and host Ricky Mulvey discuss stress in the commercial real estate market, Delta’s quarter, and Tesla’s 50% run-up over the last month. Then, we play an audio-only version of “Scoreboard” from Motley Fool Live, our members-only livestream. Motley Fool host Anand Chokkavelu hosts contributors Lou Whiteman and Rick Munarriz to break down AT&T. To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in…
(Bloomberg) — Paul and Rachel Baron were one of Amazon's success stories. The washable swim diapers they designed for their toddler son quickly became a best-seller, as Amazon's algorithm worked its magic. Satisfied parents left five-star ratings and glowing feedback, helping the pair rise in diaper search results and drawing more shoppers to them. The momentum seemed unstoppable.Then one scathing review changed everything.”The diapers arrived used and covered in poop stains,” one shopper who gave them a one-star rating wrote in a review. “This couldn't be more disgusting!! Someone must have used them and returned them but the company simply…
The winners of the 2023 Illawarra South Coast Regional Business Awards attend the awards ceremony. Photo providedHollywood has the Oscars and the music industry has the Grammys, but for Illawarra and South Coast businesses, the biggest night of the year is tonight, Tuesday 16 July.That's the date for the 2024 Illawarra and South Coast Local Business Awards.Precedent Productions managing director and awards founder Steve Law said there was no doubt that local business owners and their staff were working hard to provide the best possible service to their customers.”That's why our annual Illawarra South Coast Regional Enterprise Awards ceremony is…
Yahoo's take: Carrington Mortgage Services has many mortgage options, including non-QM loans. It also offers insurance, title and real estate brokerage services through partner companies, but it has low customer satisfaction ratings and doesn't offer home equity loans or HELOCs.Carrington Mortgage Services is a national mortgage lender offering a variety of mortgage types, including conventional, FHA, VA, USDA and non-QM loans. The company also offers insurance, title services, buyer concierge services and real estate brokerage through its affiliated real estate brokerage, Vylla Home.The company isn't known for its customer satisfaction, ranking well below average in the 2023 J.D. Power Mortgage…
Brewster Creek Business Park – 1452 is a 260,075-square-foot industrial facility in Bartlett, Illinois, that Brookfield acquired as part of the acquisition. According to DRA Advisors, the portfolio includes 12 properties in the Chicago area totaling approximately 1.4 million square feet. Image courtesy of Brookfield Brookfield Asset Management has completed the acquisition of a 128-property, 14.6 million square feet of infill light industrial asset portfolio from funds managed by DRA Advisors. The multinational investor won the deal in June after bidding closest to the portfolio's asking price, according to Green Street News. Eastdil Secured's portfolio of properties sold spans 20…
Lumber Market News More homes for sale and lower mortgage rates bring new hope to buyers End Uses Posted on July 15, 2024 Redfin reported Friday that a U.S. homebuyer with a monthly budget of $3,000 could purchase a $447,750 home with a mortgage rate of 6.85%, the daily average as of July 11, according to its latest data. Mortgage rates fell to their lowest level since March in Thursday's inflation report, and the supply of homes for sale is also increasing, creating a prime opportunity for buyers before competition heats up, Redfin said. Last Thursday's rate adjustment means buyers…
Most of us like to save money, so when 13News came across a social media post claiming to have a hack that could help you save money and time on your mortgage payments, we took a look. INDIANAPOLIS — Most of us like to save money. So when 13News saw a social media post claiming that a hack could help reduce the time and cost of paying your mortgage, we decided to take a look. The post reads, “Divide your mortgage payment by two. Instead of waiting until the first of each month, make a payment every two weeks. This…