The Asian Development Bank has cut its growth forecast for China due to concerns over the country’s zero-Covid approach and strict lockdowns, which put even more pressure on the real estate sector. Gross domestic product growth for the world’s second largest economy is expected to be at 4% in 2022, down from an earlier estimate
Month: July 2022
Sales of previously owned homes in June fell 5.4% from May, according to a monthly report from the National Association of Realtors, as prices set records and rates surged. The sales count declined to a seasonally adjusted annualized rate of 5.12 million units last month, the group said. Sales were 14.2% lower compared with June
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Some of these might seem obvious, but the smallest change can make a big difference. Taking care of your tenants is an underrated strategy to ensure long-term cash flow. Vacancies can be EXPENSIVE! #MattTheriault #EpicRealEstate #RealEstateInvesting #RealEstateAdvice #RealEstateInvestingTips #RealEstateInvestingStrategies #RealEstateInvestingMadeEasy I put together a “getting started” web class for those looking to get their first
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Don’t say I didn’t tell you so but foreigners are now returning to the U.S housing market after a three year drought! The question is, why are foreigners buying u.s real estate and why now? Timecodes 0:00 Video Overview 0:20 Intro 0:28 Dollars Spent Overseas Returning to the U.S. 3:58 Foreigners Buying Homes in the
Home prices are finally coming down as pending home sales fell to their lowest levels since May 2020 and housing supply posted the largest year over year increase since August 2019. In today’s video, I share the latest US housing market update regarding home prices, home sales, pendings, housing inventory, price drops and much more.
To keep up with the surging cost of living, consumers are spending more and saving less — and rising interest rates aren’t helping the matter. Next week, the Federal Reserve likely will raise rates by another three-quarters of a percentage point, although some on Wall Street still think it could opt for a full percentage point increase.
This isn’t what a house with “good bones” means. A couple was left shocked after finding bones in their newly purchased home during renovations. Cassidy Casale and Eton Marritt, from Ontario, Canada, bought their house in March and had plans to renovate it. But, in April, when their dreams became realized, they discovered something strange.
Chinese real estate developers, including highly indebted Evergrande, have operated a business that relied on selling apartments before they were completed. Pictured here is an Evergrande development in Beijing on Jan. 6, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — China’s real estate market desperately needs a boost in confidence, analysts said, after reports
President Biden says he will allow oil companies to increase the amount of ethanol in gas from 10 to 15% in order to solve the gas shortage and price hike. But experts agree that ethanol is bad for the environment and terrible for your car. Oh but this is good for corn farmers so as
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https://www.freedommentor.com/predicting-final-sales-price/ Determining what a house is going to sell for when you put it on the market for sale is one of the most important skills an investor must master to succeed with flipping houses. Unfortunately, most house flippers rely simply on appraisals or feedback from listing agents and ignore several other very important factors
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