Real Estate News
Real Estate is the business of selling, buying and renting real property. The term real property is used to define a land that is owned by some individual with all the improvements integrated with it, such as houses, apartments, machinery, among other things. A person who works on the sales and marketing of real property is called a realtor or real estate broker. Commercial real estate is one of the main sectors of a capitalist economy, with a large amount of finance and influence on government decisions. It’s no wonder that real estate has many possible applications for blockchain. Blockchain may be used to make a record of the deal and reduce the possibility of fraud, and to lessen third-party involvement, such as realtors and searching websites. Smart contracts are especially useful in renting, for both the lessee and lessor to insure the transactions and its conditions.
The owner of the crypto-themed home has dropped its price by over 20% in a few months as they struggle to sell the house.
Nifty News: Price drops on ‘Cryptohouse’ with NFT decor, mint your personality as an NFT and more
While the crypto markets have taken a bashing in 2022, it hasn’t exactly been rosy for US stocks, bonds and real estate either.
‘Everything bubble’ bursts: Worst year for US stocks and bonds since 1932
Financial services organizations can use tokenization to solve several friction points and have better risk management in place.
What is tokenization and how are banks tapping into its design principles?
More countries are beginning to allow real estate purchases using crypto, here are some of the top destinations.
House on a hill: Top countries to buy real estate with crypto
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets.
Fractional NFTs and what they mean for investing in real-world assets
This platform is transforming real-world assets into NFTs… including prime property on beautiful beachfronts.
This platform is transforming high-end property into NFTs
A dormant NFT wallet from 2017 with 141 CryptoPunks has been found to have minted the now ludicrously expensive NFTs for a possible $7 each.
Nifty News: Top 10 CryptoPunks wallet lays dormant, house sells on OpenSea and more