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Real Estate
Why is Spain planning a 100% tax on homes bought by non-EU residents?
Houses along a hillside outside Marbella on the sunny coast, Costa del Sol, in Spain.Marcus Lindstrom | Istock | Getty ImagesSpain is planning to impose a tax of 100% on homes bought by non-EU residents as it looks to tackle an…
Mortgage rates hit highest level since July, crushing application demand
Residential homes in Discovery Bay, California, US, on Thursday, Nov. 7, 2024. Mortgage rates in the US increased to the highest level since July. David Paul Morris | Bloomberg | Getty ImagesMortgage rates last week moved higher for the…
UK house prices fall for first time in 9 months
Housing surveyors have reported the largest fall in new buyer inquiries in October since the financial crisis, excluding the period during the Covid-19 lockdowns.Isabel Infantes | Afp | Getty ImagesLONDON — U.K. house prices fell for the…
Mortgage demand dives nearly 22% to end 2024
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between…
Europe’s real estate recovery looks set to pick up steam in 2025
Residential 19th century style residential buildings in historic center of Paris, France.Kolderal | Moment | Getty ImagesEurope's real estate sector is poised for further recovery in 2025, as investment activity picks up and growth…
These homes sold for the highest prices in 2024
Check out what's clicking on FoxBusiness.com. The U.S. real estate market has another year in the books after 2024 came to a close this week. While the median that homes sold for clocked in at $383,725 for the four weekings ending…
Housing market supply is ‘stale’ to end 2024
There's good news in the housing market to close out 2024: there's a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much longer than usual. Active listings in November were 12.1% higher than they were in…
Mortgage demand drops for the first time in 5 weeks, after interest rates
Jeff Greenberg | Universal Images Group | Getty ImagesMortgage rates moved markedly higher last week, causing overall mortgage demand to drop.Total application volume fell 0.7% compared with the previous week, according to the Mortgage…
The top 10 hot housing markets for 2025, according to NAR
Eyecrave Productions | E+ | Getty ImagesBuying a house is not easy or cheap, especially in today's market. But while it's too soon to tell whether the housing market is going to favor buyers or sellers next year, some areas will offer…
How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024.This has many Americans waiting for mortgage rates to fall. But that may not happen for some time."I think the best case scenario is we're going to continue to see…