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Home prices cooled at a record pace in August, S&P Case-Shiller says
Home prices are still higher than they were a year ago, but gains are shrinking at the fastest pace on record, according to one key metric, as the housing market struggles under sharply higher interest rates.Prices in August were 13% higher nationally compared with August 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. […]
Stop Shopping For Low Rates, They Don’t Matter
In this article I know what I am about to say may be unpopular—even controversial. But I believe that my advice on deciding which lender, or lenders, you will work with will resonate with many experienced investors. How do I know? Because although I am the co-founder of a lending company, I am also an […]
Existing home sales fall to a 10-year low in September
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Existing homes are selling at the slowest pace since September 2012, with the exception of a brief drop at the […]
Existing homes sales drop 23.8% year-over-year from 2021
CNBC's Diana Olick joins 'Squawk on the Street' to discuss slowing home supply pushing median sales prices higher and triggering bidding wars. Source link
Is the Buyer’s Market Back? How to Find Deals and Steals on the MLS
Let’s be honest. The housing market has been a pain over the past few years. Sellers wouldn’t entertain any offer that wasn’t 10% over the listing price, real estate agents wouldn’t return your calls, and you may have thought that the time to buy rental properties was over. Fortunately, the tides have turned, and the […]
We’ll continue to see double-digit declines in home sales, says KPMG’s Swonk
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Diane Swonk, KPMG chief economist, joins ‘Power Lunch’ to discuss whether the U.S. is currently in a housing recession, if the housing sector is a leading indicator for the rest of the economy and more. Source link
High Rents, Low Risk, and Better Than Vacation Rentals?
Finding cash flow isn’t easy, especially with rising interest rates, high home prices, inflation, and an economic crunch on everyday investors. Where is the best place to park your cash while riding out today’s economic unfolding? Some say vacation rentals—the highly popular (and even higher cash-flowing) real estate strategy many new investors have adopted. But […]
Inventory of homes $10 million and up grows as top-end of real estate market pulls back
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How to Beat Cash Buyers, Tenant Brawls, and Appraisal Tips
A cash offer almost always gets a seller’s attention. Whether someone comes in low or high, the prospect of a smooth closing without any loan contingencies is often more than enough to get a deal done. But what if you don’t have stacks of cash lying around? Maybe you’re trying to get your first rental […]
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