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Dubai's property market is on fire, with record-high demand for real estate in the city during the first two months of 2023.
Mon, 03/06/2023 - 13:55|World
Russian Buyers Lose Ground in Dubai's Booming Property Market

According to a real estate agency, the mean cost of properties purchased by Russians in Dubai within the previous year was $1 million, with some individuals acquiring up to ten units at this price point. Since the commencement of the Russia-Ukraine conflict, there has been widespread coverage of Russian citizens leaving their homeland, with conjecture suggesting that sanctions have driven them towards the Middle East, particularly Dubai, rather than Europe or the United States. A significant exodus of Russians was particularly noticeable during the onset of the war and again

Mon, 03/06/2023 - 12:58|USA
Nuclear Accord Failure Sparks Concern

According to, The National Association of Realtors report on the US real estate market showed a 0.7% drop in home sales in January, which added to investor worries. In addition, Russian President Vladimir Putin's suspension of the nuclear arms control treaty with the US further disrupted global markets. Morgan Stanley's chief US equity strategist's warning of a potential "death zone" for the stock market, with a potential 26% drop, also fueled investor fears. The crypto economy, gold, and silver prices all suffered drops, alongside the stock indexes. The DJI

Wed, 03/01/2023 - 12:23|World
Decoding the Future of House Prices: UK, US, Europe & Beyond

In recent times, we have seen house prices falling rapidly around the world. The trend is widespread - houses in Sydney, Stockholm, San Francisco, Auckland, Toronto, Seoul, and many other cities are experiencing record-breaking declines. In Germany, the fall in house prices is the most significant in two decades. France is predicted to experience a decline of 5% to 7% this year, while Spain is also starting to report price drops. So, what is the reason behind this global mini-crash, and what can we learn from what is happening in

Mon, 02/27/2023 - 12:31|World
Top 3 Real Estate Investment Predictions for 2023

Despite a high demand for housing and rentals this year, foreclosure activity is also on the rise. In light of a possible recession and increased unemployment rates, more homeowners could face foreclosure. According to ATTOM's recent report, foreclosure filings have increased by over 64% since 2022. In November of that year, one in every 4,580 housing units underwent foreclosure, with varying levels of activity across different states. California, Texas, and Florida are among the states with the highest levels of foreclosure. Foreclosures offer new opportunities for real estate investors, but

Mon, 02/27/2023 - 11:45|World
Real Estate Report 2023

The limited housing supply in the nation, coupled with homeowners who purchased homes with low mortgage rates in recent years choosing to stay put, is a major contributor to the inventory problem. New home construction has also been on the decline for the past five months, exacerbating the issue. Despite the high prices, homes remain unaffordable for many, particularly first-time homebuyers. While home prices remain elevated YoY, they're not as astronomical as they were in early 2022. The direction home prices take in 2023 will depend on mortgage rate trends

Mon, 02/27/2023 - 10:48|World
Keep Up with the 2023 Real Estate Trends for Informed Investment Decisions

Trend #1: Inventory Remains Low but is Gradually Increasing One of the most significant challenges of the current real estate market is the low inventory levels. There are not enough homes for sale to meet the rising buyer demand, a trend that has been consistent in recent years. However, there is hope on the horizon. Inventory started to increase gradually in May 2022, and November recorded the most significant month-over-month jump of the year, about 46% higher than the same time in 2021. Despite this growth, the number of active

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