Tag: dh528

Dubai’s Annual Real Estate Transactions Hit Document Dh528 Billion In 2022 Property

Many householders who’d otherwise be desperate to sell have hesitated to shake off the so-called golden handcuffs of mortgage rates as low as 2% or 3%. A groundbreaking $418 million settlement introduced Friday by the highly effective National Association of Realtors is set to usher in essentially the most sweeping reforms the American real estate market has seen in a century. It could dramatically drive down homebuyers’ costs — and push some real estate brokers out of business. A rule of thumb for mortgage rates is that buyers are extra sensitive to adjustments in rates than to the absolute stage. …