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BiggerNews November: Was The “Office Apocalypse” All Hype?

By Richard | Nov 1, 2022

Office investments were supposed to be dead by now. 2020 was supposedly the great exodus, where on-site workers were freed of their commutes, small talk, and trips to the water […] Source link

We’re preparing for home prices to fall, says Raymond James’ Buck Horne

By Richard | Nov 1, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Buck Horne, director of equity research, homebuilding, and residential REITS at Raymond James, joins ‘Power Lunch’ to discuss opportunity in the home building space, cost-to-own and cost-to-buy spread differentials and dramatic drops in lumber prices. Source link

Is Florida’s Housing Market About To Get Even More Unaffordable? What You Need To Know

By Richard | Oct 31, 2022

In this article The Sunshine State is hot, both in temperature and in its housing market. Siesta Key Beach on Florida’s west coast is consistently ranked one of the best beaches in the world. The area has an obvious draw that brings new residents in droves—it’s been one of the fastest growing parts of the country […]

Pending home sales fell 10% in September from August

By Richard | Oct 31, 2022

Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April […]

Real Estate Horror Stories: Navigating Six-Figure Losses

By Richard | Oct 31, 2022

There’s a dark side of real estate no one talks about. Crime, destruction, theft, violence—you name it, we’ve dealt with it. With the spookiest day of the year coming close, we’re going to tell you all our terrible real estate tales. Everyone on podcasts and YouTube wants to show you how easy it is to […]

October consumer sentiment index meets expectations

By Richard | Oct 30, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Rick Santelli joins ‘Squawk on the Street’ to report on October’s consumer sentiment print reaching its best levels since February, as well as the massive miss for September pending home sales. Source link

The 1% Rule, Turnkey Rentals, and Escrow Accounts Explained

By Richard | Oct 30, 2022

Is the 1% rule in real estate still relevant? Who shouldn’t be buying turnkey rentals? And why is an escrow account favorable for scaling real estate investors? All these questions and more are coming up in this Rookie Reply. We’re back at BPCon 2022, and joining us is fellow investor and turnkey operator, Zach Lemaster. […]

Pending home sales plunge 31% versus one year ago amid rising mortgage rates

By Richard | Oct 29, 2022

CNBC's Diana Olick reports on plunging pending home sales data. Source link

80% of US Housing Is Overvalued

By Richard | Oct 29, 2022

US housing markets have started to shift. The massive run-up in home prices eventually led us to high interest rates, high inflation, and a generation of renters who can’t afford to buy, even with price cuts. This should come as no surprise, as Moody’s Analytics estimates that some eighty percent of real estate markets are […]