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Residential real estate prices in Dubai may have started bottoming out in certain areas, a new report has found. The monthly ValuStrat price index for Dubai’s residential market found that – on average – there were minute indications of an early recovery in some areas in February. Compared to a 100 point base in January … Read more
Lower-priced homes sell quickly while inventory on the higher end piles up A two-bedroom house in Los Angeles listed for $585,000 received 10 offers in the first week it hit the market, with the winner agreeing to pay $640,000. Meanwhile, a four-bedroom house a few miles away, priced at $3 million, sat on the market … Read more
The year 2015 will run in the minds of economists around the world for many years to come. It was the year that saw some major political, economic, military and cultural events take place around the world. The collapse of oil prices, the rebound of the US dollar, the slowdown of the Chinese economy, the … Read more
FOMO, or the fear of missing out, has become an increasingly popular acronym of late, joining the ranks of QE, POMO, ZIRP and NIRP in the everyday vernacular of people in financial markets. In the investment world, FOMO is about spurring people to make investment decisions quickly, and some times irrationally, based on the premise … Read more