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Home Depot and Lowe’s cite strong demand, but softening could be ahead

By Richard | Aug 21, 2022

A customer enters a Home Depot store on August 16, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesSpending on home improvement doesn’t appear to have taken a big hit with the slowdown in the U.S. housing market, but analysts say the strength may not last.Home Depot and Lowe’s this week cited strong second-quarter sales […]

Recession Risks, Renting to Family

By Richard | Aug 21, 2022

How does a recession affect real estate investors? With layoffs, high inflation, and affordability problems, can the average American even afford to rent? What about vacation rentals—will short-term rental hosts see occupancy drop as families run out of disposable income? These types of questions can strike fear into rookie real estate investors, but we’ve brought […]

Housing will keep inflation high, says Requisite’s Bryn Talkington

By Richard | Aug 21, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s ‘Halftime Report’ investment committee, Bryn Talkington, Josh Brown, Steve Weiss and Jim Lebenthal, discuss their takeaways from the Fed minutes. Source link

The Rookie’s Guide to Finding Private Money for Your Next Property

By Richard | Aug 20, 2022

The term “other people’s money” is common in the rental property industry. You may hear successful investors use it all the time—but what does it mean? Who are these “other people,” and why are they giving out money so freely? Don’t worry—rich relatives are not necessary for this episode of the Real Estate Rookie Podcast. […]

More Americans live in multigenerational households to save money

By Richard | Aug 20, 2022

“We are a four-generation household,” said Jason Fitzgerald. Fitzgerald, 45, and his wife, Rachel Zack, 41, bought a house with Rachel’s parents Beverly and Arthur Zack, who are in their 70s, and Rachel’s 98-year-old grandmother Lillian, who goes by “Bubbie.” The home has six bedrooms, with five full and two half bathrooms.  They all live […]

We’re Not In a Recession, We’re On The Verge of One. But Who Cares?

By Richard | Aug 20, 2022

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Delta, NFL, Air Force use Tomorrow.io to prepare for extreme weather

By Richard | Aug 19, 2022

As the severity, intensity and frequency of climate disasters increase, preparation is becoming more crucial than ever to protect lives, as well as infrastructure, businesses and local economies. One high-tech forecasting company is now stepping up, offering hyper-detailed weather prediction and pre-storm strategy plans, right down to a city block.  Boston-based Tomorrow.io already boasts clients […]

Is My Market About to Crash? The 5 Major Metrics to Look at

By Richard | Aug 19, 2022

Real estate markets are local, not national. When someone says, “the housing market is about to drop,” you have to ask, “which housing market?” Every city has different migration patterns, housing market activity, building codes, and inventory. One market in the Midwest could see price jumps while somewhere on the coast sees declines. So, which markets are getting hit hardest in […]

We might be looking at declining home prices nationally, says Yale’s Robert Shiller

By Richard | Aug 19, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Robert Shiller, Yale University professor of economics and Case-Shiller Index co-founder, joins ‘Power Lunch’ to discuss homebuilder sentiment, why homebuilders aren’t building and if home prices are actually starting to declining. Source link