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Pending home sales fell 20% in June as mortgage rates soared
A “Sale Pending” sign outside a house in Discovery Bay, California, on Thursday, March 31, 2022.David Paul Morris | Bloomberg | Getty ImagesSigned contracts to purchase existing homes dropped 20% in June compared with the same month a year ago, the National Association of Realtors said Wednesday.That is the slowest pace since September 2011, with […]
15 Rentals in 1 Year by Putting Time First
Vacation rentals, real estate agent commissions, brokerage fees, insurance quotes, and everything in between just start to scratch the surface of who Christian Bachelder is. Some of you may have seen Christian before on our YouTube channel where he talks about interest rates, loan products, and other future financing projections. But today, Christian gets to […]
How Federal Reserve’s 75-basis point interest rate hike impacts you
What the federal funds rate means to you The federal funds rate, which is set by the U.S. central bank, is the interest rate at which banks borrow and lend to one another overnight. Although that’s not the rate consumers pay, the Fed’s moves still affect the borrowing and saving rates they see every day. […]
June 2022 Housing Market Statistics: Interactive Map of Every ZIP Code in the U.S.
Recently, I wrote an article stating that the housing market has begun transitioning from an extreme seller’s market to a much more balanced one—at least on a national level. While I do […] Source link
IMF lowers China’s 2022 growth forecast on two key factors
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Krishna Srinivasan of the International Monetary Fund says the two key factors it has taken into account are the country’s frequent Covid shutdowns and the worsening outlook of the real estate sector. Source link
How to Find and Fund Private Money Loans in 5 Simple Steps
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Home price growth slowed in May, S&P Case-Shiller says
New homes under construction in Tucson, Arizona. Rebecca Noble | Bloomberg | Getty Images Home prices in May were 19.7% higher compared with the same month last year, according to the S&P CoreLogic Case-Shiller National Home Price Index. This marks the second month of slower increases, as the housing market cools due to higher mortgage […]
How to Buy Your First 3 Rental Properties This Year!
Knowing how to buy your first rental property can be the difference between you building a life of financial freedom or merely treading water working for active income. The life of a real estate investor isn’t glamorous, but it leads to generational wealth, time freedom, and the ability to do what you want, when you […]
Fifth Wall closes $500 million climate fund to decarbonize real estate
Fifth Wall, a venture capital firm focused on real estate technology, is tripling down on its bet that climate tech will become an integral driver in the real estate space. It just announced commitments of half a billion dollars to close its inaugural Climate Fund, which launched with $116 million in August of last year. […]
