2022 is off to an absolutely untamed housing market and the broad economy is starring into higher interest rates, significant inflation, lack of inventory threat of war and this make a lot of people feel uneasy. If you are trying to figure out what all this means, you are not alone! So today, we will
Month: March 2022
Interested in buying a new house or buying a new construction home this year? In today’s housing market update, I share the fact that home prices for new homes is nearly at record high levels. I also discuss the latest regarding the number of new home sales in the US as well as housing inventory.
It’s no mystery why a well-heeled anonymous buyer spent big on this historic Upper West Side pile. It’s huge. The six-story, 20-foot-wide, 10,000-square-foot Queen Anne-style mansion at 248 Central Park West just sold for $26 million. That’s less than its $30 million ask — but still an Upper West Side townhouse record. Sources say that
A house for rent in Corona Del Mar, California. Scott Mlyn | CNBC Demand for single-family rental homes is soaring, pushing prices to record highs, as Americans begin to emerge from two years of pandemic hardship and return to big cities. Single-family rents gained a record 12.6% year over year in January, according to a
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Believe it or not, real estate can turn your $100,000 into a million dollars. This video is all about creating an awareness on the things you need to take into consideration when you’re investing in real estate. CONSULTATION WEBSITE: www.kriskrohn.com/invest-now Watch and Enjoy! Kris Krohn & Nate Woodbury WORK WITH KRIS: ======================== Mentor with Kris
Surging INFLATION and INTEREST RATES are Destroying the 2022 US Housing Market. If you were thinking of buying a home or real estate in the Spring: maybe you should STOP. The 30-Year Fixed Mortgage Rate is now up to 4.4%, the highest level in nearly three years thank to record level of inflation. Higher mortgage
Record Inflation is about to cause a BIG RECESSION & MARKET CRASH in 2022. Prepare Yourself. Inflation CPI just hit 7.9% in February 2022. This was the highest level in 40 Years and it could march higher to over 10% in coming months as gas and oil prices surge higher. That means Jerome Powell and
In a four-story apartment building in Brooklyn, New York, a very small company is implementing a very big idea: Electrify every building in the United States by leasing landlords the necessary equipment to make the transition. BlocPower is a Brooklyn-based start-up that has “greened” more than 1,200 buildings in New York City and has similar
Carlos Correa is looking for a home run on the sale of his three-bedroom Houston house. Correa, 27, has listed his 3,657-square-foot Montrose-area manse for $1.59 million — and the offering comes as the former Astros shortstop, and current high-profile free agent, appears to be planning his next steps. The home listed last week, and
The Federal Reserve is expected to raise rates Wednesday as they look to contain soaring inflation. The first quarter-point increase in the federal funds rate in three years will likely lay the groundwork for additional hikes to follow. “The cumulative effect of rate hikes is what is really going to have an impact on the economy and
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Discover the three flaws of the BRRRR Strategy. BRRRR is an acronym which stands for Buy, Rehab, Rent, Refinance and Repeat. And while the technique itself is not inherently flawed (it has been applied for hundreds of years in real estate investing), the coining of an acronym to describe that process has created some unintended
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