If you thought the last two years was crazy for the real estate market, just wait till NFT’s get involved…(CoinDesk)
Today there is a veritable gold rush in the metaverse, with young people and celebrities like Snoop Dogg investing millions of dollars in virtual real estate. Fortune magazine called it a “multi trillion-dollar opportunity.” It’s conceivable that a new generation will purchase their first house (or a unique share of it) in the metaverse.
I guess we gotta retire the old adage, “Buy land, they aren’t building any more of it.” Or is virtual land limited liked bitcoin? I’m confused…
It’s great to see that old buildings are being repurposed for our modern society and not being stifled by historic societies…
Bowser’s plan to issue a request for information on housing options in downtown D.C. is meant to formally launch a process of gathering input from current and prospective property owners on what they would need to consider transforming office structures into residences. Informal conversations have already begun.
Many former stores are being overhauled for new retailers, but developers are installing high-end apartments, cutting-edge classrooms and even labs at sites around the country.
Despite the universal end of forbearance programs, foreclosure activity is actually following across the country…(CoreLogic)
In September 2021, 3.9% of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 2.4-percentage point decrease in the overall delinquency rate compared with September 2020.
Where id all the crash bros go?