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Are Vacant Offices the Next Big Opportunity for Residential Investors?
In this article Are empty city office buildings going the same way as zombie shopping malls, or can they be revitalized to become residential apartments and condos? That question has many developers, city planners, banks, economists, and commercial landlords scratching their heads. What’s not up for debate is that commercial office space in major cities are experiencing a death […]
What it means for buyers and sellers
Andrew Caballero-Reynolds | AFP | Getty Images The rate at which home prices grow is slowing down. U.S. home prices increased 0.6% from a month before in February, in line with the 0.6% average monthly gain in the roughly eight years leading up to the Covid-19 pandemic, according to a new Redfin analysis. Before […]
Rookie Reply: “Managing” Your Property Manager
A property manager can alleviate the burden of screening tenants, collecting rents, and maintaining your property. But if you’re not careful, exorbitant fees and unexpected charges can quickly eat away at your cash flow. Today, you’re going to learn how to navigate this relationship and ensure that you’re getting these services at fair value! In […]
Trump fraud judgment deadline looms as son complains
Former U.S. President Donald Trump speaks to the media after voting at a polling station setup in the Morton and Barbara Mandel Recreation Center on March 19, 2024, in Palm Beach, Florida. Joe Raedle | Getty Images Donald Trump faces the severe risk that New York‘s attorney general will begin trying to collect a $454 […]
How a Squatter in Oregon “Stole” a Property, and the Rising Tide of Disputes Ending Badly for Landlords
In this article “I always thought stealing was wrong,” real estate investor and developer George McCleary remarks at the end of a viral video posted on social media last month, “But turns out, if you steal a house, it’s not even against the law here.” The video details how McCleary easily broke into a rental listing in Portland, Oregon, […]
The Fed holds interest rates steady. What that means for your money
The Federal Reserve announced Wednesday it will leave interest rates unchanged, delaying the possibility of rate cuts as well as any relief from sky-high borrowing costs. Overall, expectations that the Fed is pulling off a soft landing have increased, but that offers little consolation for Americans with high-interest debt. And now there may be fewer interest rate […]
What the NAR Settlement Means for Real Estate Investors, According to Sources in the Industry
In this article The National Association of Realtors (NAR) agreed to a settlement last week that will eliminate its rules on sales commissions. The deal, if approved by the federal court, is likely to shake up the real estate market and could potentially decrease housing prices across the country. Anthony Panebianco, a real estate attorney at Davis […]
February home sales spike 9.5% as supply improves
Jeff Greenberg | Universal Images Group | Getty Images Sales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. Housing analysts had been expecting a slight drop. Sales were down 3.3% year over year, but it was the […]
Buying in a Historic District Can Be a Gold Mine—But Here’s Why You Should Be Careful
In this article A recent CNBC survey based on cost per square foot revealed that the United States’ most expensive real estate market is San Francisco’s South of Market, which contains historic Victorian buildings surrounded by Beaux-Arts and neoclassical government buildings. On the other coast, in New York, Brooklyn’s most expensive real estate market is Brooklyn Heights, a […]