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CNBC's Diana Olick joins 'Closing Bell' to report on homebuilder stocks. Source link

Last week, the Bureau of Labor released data showing the Consumer Price Index (CPI)—the most commonly used measure of inflation—rose 8.6% higher in May 2022 compared to May 2021. This is up from an 8.3% reading in April and represents the highest year-over-year inflation figure in more than 40 years.  Unfortunately, another high inflation figure shouldn’t be […]

A contractor frames a house under construction in Lehi, Utah, U.S., on Wednesday, Dec. 16, 2020. Private residential construction in the U.S. rose 2.7% in November. George Frey | Bloomberg | Getty Images Sentiment among the nation’s homebuilders fell for the sixth straight month to the lowest level since June 2020, when the economy was […]

What differentiates a top producer from everyone else? The most common answer is hard work, ambition, and charisma, but what does that even mean? Hard work, while a universal concept, changes depending on the context, so what does hard work entail in real estate? Today’s familiar guest, David Greene, answers all these questions and more […]

Mortgage rates jumped sharply this week, as fears of a potentially more aggressive rate hike from the Federal Reserve upset financial markets. The average rate on the popular 30-year fixed mortgage rose 10 basis points to 6.28% Tuesday, according to Mortgage News Daily. That followed a 33 basis point jump Monday. The rate was 5.55% […]

A 1031 exchange refers to the Internal Revenue Code, Section 1031. This code allows you to defer capital gains taxes from the sale of a property by “exchanging” it for another property of equal or greater value. A 1031 exchange is also known as the like-kind exchange. 1031 exchange strategies are a profitable and smart way […]

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Diana Olick on mortgage rates doubling in the last six months. With CNBC’s Brian Sullivan and the Fast Money traders, Tim Seymour, Dan Nathan, Guy Adami and Pete Najarian. Source link

Short-term rentals (STRs) are the talk of the town in the real estate community.  Understandably, this strategy turns the heads of investors with the appeal of higher returns and the allure of owning a vacation property that you can access at your leisure in a market you love. STRs are especially interesting in our current […]

Momo Productions | Digitalvision | Getty Images If the value of your home ballooned during the Covid pandemic, you may receive an inflated property tax assessment in the mail. There are ways, however, to combat a higher bill, experts say. Despite double-digit growth in single-family home prices, property taxes only increased by 1.8% in 2021, […]