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How the Federal Reserve’s next move impacts your money

By Richard | Mar 18, 2024

Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead.In prepared remarks earlier this month, Federal Reserve Chair Jerome Powell said policymakers don’t want to ease up too quickly.Powell noted that […]

Crucial Contractor Tips to Avoid Renovation Disaster

By Richard | Mar 18, 2024

A bad contractor could not only ruin your home renovation but cost you tens if not hundreds of thousands of dollars. Don’t believe us? Just ask Rico to the Rescue’s Rico León. Rico has spent years cleaning up contractor mistakes, making homeowners feel whole again after getting ripped off, lied to, and scammed by who […]

Public homebuilders will continue to gain market share, according to UBS analyst John Lovallo

By Richard | Mar 18, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email UBS analyst John Lovallo joins ‘The Exchange’ to discuss his outlook for homebuilders, the advantages public builders have in the space, and more. 03:35 Fri, Mar 15 20241:51 PM EDT Source link

How to Start Investing, Walking Away from Deals

By Richard | Mar 17, 2024

You want to start real estate investing, but where should you start? Should you buy a course, join a mastermind, or do your own research? There’s no one-size-fits-all approach to investing, but we can point you in the direction that aligns with your investing goals! Welcome back to another Rookie Reply! In this episode, we’re […]

Home buyers and sellers to be spared automatic broker commissions under $418 million settlement

By Richard | Mar 17, 2024

A home available for sale is shown on October 16, 2023 in Austin, Texas. Brandon Bell | Getty Images The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing automatic commissions, commonly of up to 6% of the purchase price. Instead, home buyers and sellers would be […]

It’s Time to Stop Relying on the Fed—You Should Do This Instead

By Richard | Mar 17, 2024

In this article In late 2022 and early 2023, private equity real estate investors sharply pulled back on funding. They caught on—in some cases, too late—that rising interest rates were going to annihilate deals funded by floating interest debt and drive cap rates higher (pushing prices lower).  In our own passive real estate investing club at SparkRental, […]

Rudy Giuliani should sell $3.5 million Florida condo, creditors claim

By Richard | Mar 16, 2024

Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C., on Dec. 15, 2023. Anna Moneymaker | Getty Images Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a […]

The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit

By Richard | Mar 16, 2024

In this article The National Association of Realtors (NAR) announced Friday that it finally reached a settlement with homeowner groups that had been embroiled in lawsuits with the association since 2019. The $418 million settlement effectively ends the current NAR broker commission model, which the homeowners’ claimants alleged forced them to pay excessive commission fees.  […]

Last Call panel weighs in on historic real estate commission settlement

By Richard | Mar 16, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Source link

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