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Home prices surged in March as interest rates also rose: S&P Case-Shiller

By Richard | Jun 5, 2022

A sold sign sits outside a home. Adam Jeffery | CNBCRising mortgage rates did not slow down rising home prices in March.Nationally, home prices were 20.6% higher than they were in March 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is higher than the 20% gain in February. The index is a three-month […]

Self-Employed Income and Short-Term Rental Investing

By Richard | Jun 5, 2022

If you want to invest in real estate, you’ll need a few things: a property, an income source, and some cash. If you’ve got all three, you should be able to finance your way to owning a rental property, but this becomes a little more challenging when you’re someone with fluctuating income. Entrepreneurs, especially those […]

Mortgage demand falls to lowest level since 2018, even as interest rates ease

By Richard | Jun 4, 2022

A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters Mortgage demand slipped to the lowest level since December 2018, even after rates declined slightly last week. Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association’s […]

Networking Tips That’ll Increase Your Net Worth

By Richard | Jun 4, 2022

Networking tips only matter as long as they work. Everyone knows the classic ones—bring a business card, wear a nametag, and look people in the eye. But, when you’re meeting with investors who have big portfolios, it can be easy to get flustered all of a sudden. Maybe you run into your dream mentor at […]

Tri Pointe Homes CEO weighs in on falling mortgage demand

By Richard | Jun 4, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Doug Bauer, Tri Pointe Homes CEO, joins ‘Squawk on the Street’ to discuss the state of housing, what Bauer is seeing in orders and backlogs and what this economic cycle and previous economic cycles are telling Bauer. 03:40 Wed, Jun 1 202211:00 […]

How to Find and Hire the Right Property Manager

By Richard | Jun 3, 2022

Rental properties have tremendous potential to generate revenue. However, the success of your investment rests heavily on the quality of your property management. Finding a quality property manager (PM) isn’t as cut and dry as one might think. Many factors must be considered when assessing a property’s needs. This article will explain what a property […]

Mortgage applications fall to lowest level since 2018

By Richard | Jun 3, 2022

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andy Walden, Black Knight vp of enterprise research, joins ‘The Exchange’ to discuss the drop in mortgage demand and what it says about the housing market. 04:33 Wed, Jun 1 20222:06 PM EDT Source link

Mortgage rates rise sharply after three weeks of easing

By Richard | Jun 3, 2022

A “For Sale” sign outside a house in Crockett, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose sharply this week, after pulling back over the last three weeks. The 30-year fixed hit 5.36% Monday and then moved higher again Tuesday to 5.47%, according to Mortgage News […]

Why Is Inflation So High? Why Was 2008 Different?

By Richard | Jun 2, 2022

There’s a lot of uncertainty surrounding the economy, real estate market, and the role of inflation in the economic environment. When it comes to inflation, it’s important to identify how we got here. By here, I mean on the verge of an economic downturn with near record high inflation. The Cyclical Nature of the Economy […]

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