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In this article The Fed’s most recent increase to the federal funds rate has driven mortgage rates to their highest level since 2002. That was the goal—to increase the cost of borrowing to slow down the economy, which is still surging post-pandemic. So why are prices still 8.2% higher than they were last year?  Pent-up demand and increased […]

Video slot machines at Caesars Palace in Las Vegas, Nevada. George Rose | Getty Images Developer SL Green Realty is working with casino operator Caesars Entertainment on a bid to bring a casino to New York’s Times Square, the companies announced Thursday. The partners said the proposed project would redevelop Times Square building 1515 Broadway […]

Financial freedom in two years? How can that be possible with high interest rates and higher home prices? If you’re looking at what’s on the MLS as the only deals around, you could be missing out on buying properties that could fast-track your journey to early retirement. Taylor Wing, unlike most investors, didn’t go the […]

CNBC's Diana Olick joins 'The Exchange' to report on mortgage rates soaring to 7.22 percent. Source link

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In this article After incredible appreciation over the past few years, the residential real estate market has finally started to decline. Many chicken littles are saying this is the beginning of an all-out collapse. While the market will almost certainly go through a correction, a collapse is almost certainly not in the cards. There is a segment […]

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Diana Olick joins ‘Squawk on the Street’ to report homebuilder sentiment dropped eight points in October to 38, according to the National Association of Homebuilders Index. Source link

The short-term rental game is not one to enter lightly. Regular rental property investors shudder at the constant turnover, consistent guest complaints, and far more intensive upkeep that vacation rental property owners pride themselves on. But is a week in the life of a self-managing short-term rental empire owner that bad? Well, maybe we’ll just […]