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Homeowners delay big purchases, improvement projects due to inflation

By Richard | Jun 18, 2022

For homeowners, big projects and purchases may be another casualty of rampant inflation, new research suggests.Overall, 60% of homeowners in a recent survey are less comfortable making large purchases for their home or household because of rising prices, according to Hippo Insurance’s 2022 Homeowner Preparedness Report. And nearly 43% either strongly (14.4%) or somewhat (28.4%) […]

Are foreclosures coming? Here are the mortgage market red flags

By Richard | Jun 17, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email It was just over a decade ago that the housing market collapsed, but are we in for a repeat? CNBC’s Diana Olick joins ‘Squawk Box’ with the details. Source link

Inflation and Interest Rate News

By Richard | Jun 17, 2022

Inflation and interest rates—two things we rarely talk about when the market is going smoothly. Just this week, the Federal Reserve made some stark moves surrounding interest rates with the hope of cooling down the rampant inflation we’re experiencing. But what exactly is causing all this inflation and are interest rates really going to change […]

Existing home sales are really slowing, says KeyBanc’s Kenneth Zener

By Richard | Jun 17, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email KeyBanc Capital Markets’ Kenneth Zener joins ‘The Exchange’ to discuss homebuilder stocks as well as companies that sell home goods and furniture. 03:40 Thu, Jun 16 20221:48 PM EDT Source link

Six Rental Application Mistakes to Avoid At All Costs

By Richard | Jun 16, 2022

Making common rental application mistakes can cost your landlord business dearly. The rental application contains critical information you will need to screen tenants thoroughly. For example, employment information, previous landlords, income, and permission to run a credit check are all standard on rental application forms. Rental application mistakes could mean the difference between getting a good […]

Rising mortgage rates causing homebuilder stocks to lose steam

By Richard | Jun 16, 2022

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

CPI Report Gives Alarming Inflation News: Is a Recession Next?

By Richard | Jun 16, 2022

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 […]

Homebuilder sentiment drops to lowest level in 2 years as housing demand slows

By Richard | Jun 15, 2022

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 […]

Expedite Retirement & Learn the Secret to Becoming a Top Producer (Quickly)

By Richard | Jun 15, 2022

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 […]