These days, Bitcoin and the crypto economy have been entering the real estate world. According to a recently released report, Realtor.com data shows that the number of people selling assets with crypto assets has risen a lot. Statistics show that there are 14.3 encrypted acceptance lists for every 100,000 houses in the company’s database.
Real estate listings see more and more Bitcoin being accepted by houses and properties
According to a report by Yahoo Money, the real estate market and Bitcoin began to “collide”. The report talked to the real estate agent Whitney Pannell, who listed a refurbished house for $300,000, and wrote in the list: “The seller is accepting bits Coins are used in this house.” Pannell said she was a “strong believer in Bitcoin” and told Yahoo Money contributor Janna Herron that she believed “this will be the future”.
The article also spoke with a representative of Realtor.com, who said that the acceptance of Bitcoin and cryptocurrencies in the real estate world is on the rise. Realtor.com data shows that there are 71 listings showing the acceptance of encrypted assets, approximately 14.3 listings per 100,000 houses. As early as 2018, the number was low, at 12.7 cryptocurrency-related listings per 100,000 houses. Nicolas Bedo, an economic research analyst at Realtor.com, said in an interview with Herron that cryptocurrencies may be widely adopted.
Bedo said: “If the cryptocurrency market can gain a foothold and increase public confidence, we may see wider adoption by buyers who accept cryptocurrency as a payment method.” In another report from Yahoo Finance, the data It shows that American real estate sellers are trying to profit from the booming real estate market and cryptocurrency. Raul Chavez of 800buykwik.com also told Yahoo that his real estate agent has noticed an increase in the list of cryptocurrencies.
Chavez said: “In the long run, I think Bitcoin will have a higher chance.” “Yes, it is more volatile, but ten years from now, this is the direction the world is heading. “
Rick Caruso’s Los Angeles company went to crypto and luxury lofts to watch Bitcoin go public
In addition to representatives from Realtor.com and 800buykwik.com, Rick Caruso’s Los Angeles-based real estate giant also accepted the listing of crypto assets in its retail and commercial properties. In addition, Caruso told CNBC that the company also invested in Bitcoin (BTC) with the help of the Gemini exchange. “We have allocated part of the funds that normally enter the capital market to Bitcoin,” Caruso pointed out.
Just recently, Haupt Residence in the Amagansett Dunes area of Beverly Hills went public for US$65 million or its equivalent in Bitcoin. Nick Candy’s luxurious Hyde Park penthouse was listed for 175 million pounds or its equivalent in Bitcoin.
Real estate agent Raul Chavez (Raul Chavez) also explained that the current real estate market is very hot. The report concluded that buying cryptocurrency for agents is not a problem because agents are indeed dealing with “stock shortages.”
What do you think of the increasing number of real estate listings that accept digital currencies? Let us know your thoughts on this topic in the comments section below.
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800buykwik.com, Beverly Hills Mansion, Bitcoin, Bitcoin (BTC), commercial real estate, cryptocurrency, crypto assets, houses, house sales, houses, Hyde Park penthouse, Raul Chavez (Raul Chavez), Real Estate, Real Estate Market, Real Estate Sales, Realtor.com, Realtor.com Data, Retail Real Estate, Rick Caruso, Whitney Pannell
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