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The Fed could pull off a soft landing, here’s what that means for you
The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week after recent signs the economy is in fairly good shape and as inflation continues to drift lower.“While there’s been talk about an imminent recession going back to early last year, the U.S. economy has remained […]
What Will Work Next Year
If you want to invest in real estate in 2024, you need to prepare. This year could be a grand slam for those who know how to take advantage, but for everyone else sitting on the sidelines, don’t expect your wealth to grow. Expert investors, like the On the Market panel, are getting more aggressive […]
Trump no longer plans to testify in civil fraud trial on Monday
Former President Donald Trump wrote in a social media post on Sunday that he won’t testify in his $250 million civil fraud trial in New York on Monday. “I will not be testifying on Monday,” Trump wrote in an all-caps, multi-part post on Truth Social. Trump had previously been expected to return to the witness […]
What You Need to Know
Despite unpredictable mortgage rates, there’s a huge opportunity for real estate investors in the coming year. Get insights and strategies from the BiggerPockets 2024 State of Real Estate Report. In today’s show, BiggerPockets VP of Data and Analytics, Dave Meyer, and co-host of the On the Market podcast, James Dainard, will share their thoughts on […]
Sentiment improving in UK housing market: Knight Frank
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email U.K. property sales will improve over the next six months amid falling inflation and speculation over rate cuts from the Bank of England, says Tom Bill, head of U.K. residential research at Knight Frank. 03:31 Tue, Dec 5 20237:43 AM EST Source […]
More Homes, More Buyers, But Prices Could Drop?
In this article Zillow just released its outlook for 2024, and a lot of investors will want to pay attention to what it says. From mortgage rates and prices to top markets and home flipping activity, the report offers predictions for all of it. Here are the main points you’ll want to take away. More Housing Supply Will Be […]
High mortgage rates have limited opportunities for homebuyers, sellers
Why many homeowners are ‘staying put’ Last week, the average interest rate for certain 30-year fixed-rate mortgages decreased to 7.37% from 7.41% the prior week, in the fourth successive week of declines. Lower mortgage rates have prompted mortgage applications to pick up. Yet, about 80% of outstanding U.S. mortgages have interest rates below 5%, according […]
Who Should Buy the Materials? The Customer or the Contractor?
In this article This topic comes up so frequently on the BiggerPockets forums that I thought it could use its own article just to get a succinct train of thought from one very experienced person. So what’s my experience? I was a general contractor (GC) in an extremely wealthy Southern California town for decades, as well as […]
2023 was least affordable homebuying year: Redfin
A Redfin sign in front of a home for sale in Atlanta on Nov. 10, 2022. Elijah Nouvelage | Bloomberg | Getty Images This year was the least affordable year for homebuying in at least in the past 11 years, according to a Thursday report from real estate company Redfin. In 2023, someone making the […]