News

Recent US Rate Hike Changes Hong Kong's 2016 Property Market

The US Federal Reserve has finally raised the benchmark interest rate from 0.25% to 0.50% and property markets are taking suit like Hong Kong, Epoch Times reports.

Mortgage Trends: Existing Home Sales Dip, Home Price Hike And New Regulation May Be The Causes

According to National Association Of Realtors, the sales of pre owned homes dropped lower than expected this November. Existing home sales were expected to slow down with a 5.3 million sales based on a seasonally adjusted rate. However, November's reading resulted to a 4.76 million sales and it represented a 10.5% drop in existing home sales for month-to-month. For a year-over-year figures, existing home sales were 3.8% lower.

Aaron Brooks of Chicago Bulls Lists Maple Valley Home For $2 Million

Aside from being a smart player for Chicago Bulls, Aaron Brooks is also creating smart moves outside the court. The 30-year-old American professional basketball player is looking to build his real estate portfolio, with recently listing his Maple Valley, WA home for $2.02 million, Realtor reports.