Mortgage finance giant Fannie Mae will soon begin accepting cryptocurrency-backed mortgages for the first time, marking the expansion of cryptocurrencies into mainstream financial operations, the Wall Street Journal reports.
A high-profile court case between short-term rental platform Airbnb and Spanish authorities is gaining momentum in Madrid. The region’s highest court refused to suspend a fine of 64 million euros. This means that the company must pay the amount now, despite the ongoing appeal.
The first persons of the state, in accordance with the law, have submitted their income and property declarations for 2025 to the National Integrity Authority. Among them, the largest income was declared by Prime Minister Alexandru Munteanu, who is known to have come to this position from business.
On the Côte d’Azur – in the French region of Alpes-Maritimes – a large-scale housing crisis is forming. This is according to the CCI Nice Côte d’Azur report, which records a sharp imbalance between supply and demand.
Dolce & Gabbana has begun talks with lenders about a possible renegotiation of debt terms amid weakening global demand for luxury goods.
Parliament has passed in the second reading a bill regulating the activities of real estate agents. The document introduces new rules for working in the market, mandatory certification of specialists and provides for a transition period for existing intermediaries to adapt to the new requirements.
Dubai-based developer Binghatti reported that geopolitical tensions in the region have not yet had a significant impact on the level of cancellations. According to the company, the cancellation rate remains minimal – less than 1% – and is in line with the usual figures of previous years.
The Government is “against” the introduction of exemption from real estate tax on the purchase of a first home. At the same time, the Cabinet of Ministers is “in favor” of reintroducing the maximum rates for this tax.
Robert Levine sold a home in Cooper City, S.C., for $954,800, or $100,000 more than the price offered by real estate agents, according to Logos Press.
In the Dutch real estate market, foreign buyers are less likely to overpay than locals, according to Logos Press.
