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Manhattan rents hit record high in January
Median rents in Manhattan hit a new record in January as a strong job market and limited supply of apartments lifted prices.The median rental price rose 15% to $4,097 from the year-earlier month — the highest ever in January, according to a report from Douglas Elliman and Miller Samuel. The average rent in Manhattan was […]
How To Boost Your Team’s Autonomy—And Why You Should
Business people working together at table getty Pandemic-induced work-from-home arrangements gave a lot of airtime to the concept of “autonomy.” Without managers to oversee their every move, employees naturally had to engage in more self-direction. This idea spooks a lot of business leaders, who fear team members will loaf when they’re not being monitored or […]
When Can You Refinance and How to AVOID Taxes on a Home Sale
When can you refinance your home? How do you avoid taxes when selling a property? And is there a legal limit on when you can raise rent? Unfortunately, for most new investors, many of these questions don’t come with a straight answer. And when talking about taxes, even experienced investors like Ashley and Tony can’t […]
What’s happening with home prices as mortgage rates fall
An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest level in 6 years. Joe Raedle | Getty Images The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled […]
10 Steps To Becoming A More Inspirational Leader
Often, the leaders we remember the most are the ones who inspire us to take action or to better ourselves and make an impact. To be inspirational in this way is a goal many leaders dream of achieving, yet it’s not a skill that always seems to come naturally to those who try. Thankfully, there […]
The Self-Fulfilling Crash Prophecy
Mortgage rates were about the only thing stopping the almost unbelievable home price run-up of 2020 through 2022. With higher mortgage rates, homebuyers were forced to bid on smaller houses or stick to renting while waiting for the good old days of 3% rates to return. But it doesn’t look like we’ll be heading back […]
Builders will scramble to catch up to demand for years, says Santander's Stephen Stanley
UBS’s John Lovallo and Santander’s Stephen Stanley join 'The Exchange' to discuss the state of housing as more affluent Americans rent. Source link
The Aftermath And Impact Of Covid-19 On Stock Markets
By Nilay Mehrotra, founder and CEO at Kindly (YC W22). getty The stock market peaked in February 2020 before the outbreak of the Covid-19 pandemic. As many of us know, the pandemic ended up having a significant impact on the world economy, leading to unprecedented volatility and uncertainty that lingers to this day. It is […]
Co-Living Units Are Helping Investors Generate Higher Returns—Here’s What You Need To Know
In this article Before the pandemic, co-living as a housing solution was already gaining popularity as urbanization caused rents to rise in major cities. Now, the concept of living in accommodations with communal spaces is making a comeback after the pandemic left a rental affordability crisis and loneliness epidemic in its wake. Early this year, the largest co-living operator in North […]