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In this article New data from Redfin shows that seller concessions, such as mortgage rate buydowns and cash credits for repairs and closing costs, are becoming increasingly common as high mortgage rates curb demand for homes. This may be keeping housing prices artificially elevated while the actual cost of buying a home falls—the Case-Shiller Index has been modestly declining since July, […]

CNBC's Diana Olick reports on new luxury condos sales in Miami's Fisher Island. Source link

Everyone is talking about an economic crisis and asking how it will influence tech investments. The good news is we’ve seen those kinds of crises in 2008. Before that, in 2000, in 1984, and a flash of it in 2020 (Covid19), and survived. The bad news is it is painful. It was painful back then […]

In this article Outside of the roller coaster ride the FTX and Terra coins took, I have rarely seen anything quite like the trajectory nationwide rents have taken over the previous year. Take a look for yourself. Median Rent Growth Year-Over-Year By Unit Size – Realtor.com Of course, this is only showing the year-over-year change […]

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dennis McGill, Zelman & Associates, joins ‘Closing Bell’ to discuss whether we’ve reached a housing inflation peak and if it will show up in tomorrow’s numbers. Source link

Becoming a real estate investor isn’t complex. Find a property, buy the property, and rent it out. While this formula may be easy to write down, putting it into practice is much more complicated. This is why many wannabe investors never make the jump to buy their first investment property. But, with the right advice, […]

Mortgage rates are still twice what they were a year ago, but home prices have been falling since June, and that’s finally making consumers feel better about what had been an overheated, highly competitive housing market. A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December. The index is still […]

In this article It’s a story that’s echoed across social media platforms from rental property owners across the nation: Vacation rentals are no longer generating the steady revenue investors grew to expect during the pandemic. The era of #Airbnbust has taken hold.  Real estate investor Sabrina Must, who once rented her 2-bedroom condo in Encinitas, […]

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email UBS Analyst John Lovallo joins ‘Power Lunch’ to discuss the ‘housing recession’ and a new survey that shows consumer confidence is beginning to rebound in the market. Source link