Imagine lying on the deck in your very own mansion in sun-soaked Miami. This could be your reality or rather your alternate reality, if you purchase the “MetaReal” mansion hitting the market later this year. Realtor Magazine reports that the property, currently under construction, will also have an identical virtual copy in the metaverse.
Voxel Architects has partnered with One Sotheby’s International Realty and Gabe Sierra, a collector of nonfungible tokens (NFT) to sell the first ever mansion in the known metaverse. The buyer will be purchasing both the physical and digital versions of the home which features 11,000 sqaure feet and one acre of land.
Meanwhile, conforming no-point 30-year fixed mortgage rates are averaging 3.0 percent and 15-year rates are near 2.25 percent.
Do you have a question for Real Estate & Mortgage Analyst Mehran Aram? Submit your queries about a home purchase, refinance, or reverse mortgage via Aramco.biz, social media (#AramcoReport), or over the phone at (877) 700-0942 and your questions may be featured in an upcoming article.
