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BlockPark changing NFT real-estate trading with upcoming launch – AMBCrypto News

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BlockPark is set to launch across the digital ecosystem and is making impactful changes in NFT trading. The paradigm offered by BlockPark is unique among other NFT trading platforms: Built on the HyperLedger blockchain, it tokenizes real-estate ownership while offering tools that help users grow their investments and manage an extensive portfolio. With holdings that are backed by real assets, BlockPark is creating a new source of wealth for the community. 

BlockPark’s proprietary software offers transparency, accessibility, and liquidity across the global real estate market. This is done via an NFT marketplace that offers direct property ownership. The aim of the project is to open the real estate market to everyone across geographical locations and borders. BlockPark intends to create an equitable and transparent real-estate ecosystem that leaves no one behind.

The platform operates with an array of unique features that make it tomorrow’s top NFT real-estate trading platform. Key among those is greater financial accessibility. Real-estate ownership is made newly affordable for users through NFTs. To that end, BlockPark’s minting factory works to create real-estate-backed NFTs. Fractional ownership of properties is transferred into the NFT ecosystem and developed into a digital asset. This can then be traded or transferred, across the BlockPark platform. Meanwhile, asset information is stored across the blockchain, which is made transparent with the help of HyperLedger

Another highlight of the platform is its ability to provide instant liquidity across the secondary marketplace. This is achieved with the help of a community of investors, demonstrating the project’s strength and tangibility. Two different products have been designed and set up on the BlockPark platform: the Property Management System and the Secondary Marketplace.

To provide a digital standard within the ecosystem, the project introduced its dedicated token, PROP. While incentivizing the use of the digital platform, the PROP token also offers several use cases. As an opportunity to grow within the platform, PROP provides exclusive discounts to users. To further optimize the performance of platform assets, rewards are made through PROP tokens. With a fixed supply, the token’s utility will be enhanced as new assets are added.

The project has a clear roadmap for its development. With different platform components slated for introduction throughout its growth, it believes in becoming the leading NFT marketplace aligned with the real estate market.

On September 15th, the project will be listed across multiple launchpads. With a supply of 60M tokens, PROP will open for trading across the ecosystem. This is an amazing opportunity for users interested in becoming part of real-estate NFT trading. For a 20% discount on the listing price, you can go to the following launchpads on the 15th of Sept: GemPad, AntPad, Diviner Protocol, Erax, GAGARIN, Fantomlive, MoonStarter, PlaySky, MarsPad, and Wayspad. These platforms will also offer excellent staking options. You can learn more about that on our website. It is also worth noting the listing is going live on September 20th on LBank where the price per token at launch will be $0.0018.

BlockPark is a real-estate NFT trading platform. It provides NFTs backed by real income-producing assets, with features including a Property Management System and Secondary Marketplace. BlockPark believes in building an innovative community and becoming the leading NFT real-estate trading platform.

For more information, visit the following:

Website: https://theblockpark.com/

YouTube: https://www.youtube.com/channel/UCz8i2TGRiieIv-CTbVP2wqw

 Telegram: https://t.me/theblockpark

Twitter: https://twitter.com/theblockpark?

Disclaimer: This is a paid post and should not be treated as news/advice.

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Real estate markets slow in most nearby communities – Calgary Herald

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Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.

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Slowing demand and rising supply in outlying communities like Airdrie have set in along with cooler temperatures of late summer, recent data shows.

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Calgary Real Estate Board statistics from last month show sales falling year over year in most communities while supply is rising.

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“In all those markets, we’ve seen improvements in inventory,” says Ann-Marie Lurie, chief economist with CREB.
“Still these markets remain quite tight, but we are seeing some price adjustments and that’s because they came up so high during the pandemic.”

Airdrie is the largest and most in-demand market with the highest sales last month, 169 transactions, down almost eight per cent year over year. Still, the community saw inventory rise more than 10 per cent with now more than 1.69 months of supply, an increase of nearly 20 per cent from last year.

Other communities have also seen sales fall and supply rise. These include Cochrane, which had 75 sales, down about 17 per cent from August last year. Its supply is now more than two months, up about 26 per cent year over year.
Okotoks had 53 sales in August, down about 19 per cent year over year while supply grew to more than 1.8 months.

Despite falling demand and growing supply, prices still grew year over year in these communities. The benchmark price in Airdrie increased almost 19 per cent to $493,500. In Cochrane, the benchmark price grew by more than 16 per cent to $517,400 while the benchmark reached $549,300 in Okotoks, also an increase of more than 16 per cent.

Chestermere saw the biggest drop in sales year over year at more than 48 per cent.

Only High River experienced a slight increase in activity with sales last month up 2.5 per cent versus the same span last year.

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Spotlight: Making sense of the current real estate market in Newmarket – NewmarketToday.ca

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Buying a home at any time is a huge undertaking. It requires a lot of preparation, time and access to expertise.

Homeowners—and those who wish to become one for the first time—have it even harder right now, with conditions seeming to change from month to month.

REALTOR® Dave Starr specializes in home buying and selling in Newmarket and the surrounding areas. With over 35 years of experience in the real estate industry, he is happy to share what he’s learned with others.

Slowing things down

So how would he describe the current state of the market in Newmarket? “It’s finally more normal and realistic,” he says. “A prospective buyer has a little more breathing room to make sure that their financing is in place and they can also consider a home inspection.”

A seller will benefit by working with a more seasoned agent, he says, because they have had prior experience with similar markets. He likens the situation to a professional athlete who has played in the playoffs before or competed in a large-scale event like the Masters in golf.

Earlier in the year, the market was not realistic.

That tended to leave buyers, sellers and agents scrambling. “The end result can be a situation with buyer’s remorse, where the buyer no longer wants to close on their purchase. The banks sometimes struggle with appraisals, which can also result in a non-closure,” he says. “In the fast-paced market that took place earlier, some agents potentially made more mistakes, especially since they weren’t experienced enough to handle multiple offers.”

Home inspections and interest rates

While some homes may not require a home inspection, there are lots that definitely need one. “In an extremely busy market, buyers could potentially end up with an unwanted surprise—at a great expense,” says the REALTOR®.

He likens it to the necessity of having speed limits on our roadways. The faster you go, the more chances you have of getting into an accident.

“We are now facing an increased mortgage rate, which many would not like to see, but the truth is it will help balance the market overall. Lower interest rates basically were one of the reasons for the inflated house prices and homeowners were simply taking on larger mortgages than ever,” he says.

For years many homeowners would tell him the same thing: that mortgage money was cheap to them. His answer to that never varied: “You do know you have to pay it back at some point.” If the rate were guaranteed for a lifetime, it would be a different story, but of course that’s not the way it works.

The market over the summer was slower but typical; that has become the norm over the past few years.

The fall market is already starting to pick up, with increased activity, though the number of listings in Newmarket is quite low. Rental availability is both quite expensive and experiencing a shortage.

Says Starr, “The market moving forward should remain stable. Buyers and sellers will have more time to make the best educated decision for their needs and wants.”

Whether you’re a buyer or a seller, he welcomes any calls or emails.

Let Dave Starr Real Estate help you make your next move. Call 416-520-3231 and get the Starr treatment you deserve.

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Commercial Real Estate Sector Faces Risks as Financial Conditions Tighten – International Monetary Fund

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Commercial Real Estate Sector Faces Risks as Financial Conditions Tighten  International Monetary Fund



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