Andy Walden, Black Knight VP of enterprise research, joins ‘The Exchange’ to discuss what’s keeping homebuyers away from purchasing, what pent-up housing demand means for the market next year and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to
Month: December 2022
As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data provider. That’s down 18.4% from
This new marketing venture makes a certain caliber of fame surprisingly affordable. The ability to loom over Times Square is now within reach, thanks to the launch of a website selling 15-second increments of backlit stardom for less than $200. Beginning Thursday Dec. 15 at 9 a.m. EST, anyone in search of fleeting neon glory
Petri Oeschge | Getty Images SEATTLE — If you’re living together before marriage or committed long-term without plans to tie the knot, you’ll need to prepare for the future — or you may face challenges later, experts say. There are “rising rates of cohabitation,” with many couples skipping marriage because “they don’t see the benefit,”
The second dump of Twitter files has been delayed after a shocking revelation about the first. This is regarding information that new owner Elon Musk promised showing how Twitter has censored content in the past. On Tuesday, journalist Matt Taibbi explained it thusly: After the first round of Twitter files showed us how executives inside
When you reduce the cost or increase the income of a property, that increases the return on investment… with solar you can do both! Find the full video on my YouTube page and follow along for more great tips! I put together a “getting started” web class for those looking to get their first real
Election 2022 has the potential to flip the power in the US House and Senate, and there are several key races to watch. 3News legal analyst and attorney Stephanie Haney breaks down the 6 key races to watch in the US Senate, and 33 key races to watch in the US House, to see which
More than 90% of the properties today are marketed solely on the property portals with poorly taken photographs that do not portray their true value. Properties that are listed on portals adopt one approach, ”list and wait.’ For the amount that your home is worth, the success of a sale should never be left to
My Twitter Tweets by LorenzoBatarilo Kevin Magna Tweet The losses Opendoor is taking on the inventory they still have on the books is scary. Here's one in the suburbs east of SF that I've been watching. pic.twitter.com/RZDPOQvd8C — Kevin Magna (@kevinmagna) December 1, 2022 Lance Lambert Tweet I just spoke with CoStar CEO Andy Florance.
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from
A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022. Steve Pfost | Newsday | Getty Images After a month of declines, mortgage application volume is rising, as current homeowners and potential buyers move on lower mortgage rates. Applications rose 3.2% last week compared
Nearly two years trying, John Travolta is having a tough time selling his 20-bedroom, eight-bathroom mansion in Maine. The star first listed the home in February 2021 — seven months following the death of his wife Kelly Preston. Located in Isleboro, Travolta has kept the initial $5 million price tag, despite a brief moment off
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk in front of the Twitter Inc. headquarters in San Francisco, California. David Paul Morris | Bloomberg | Getty Images In an effort to cut costs following Elon Musk’s chaotic $44 billion acquisition of Twitter, the social media company has stopped paying rent, according
An Opportunity Zone is a community development program established by Congress in 2017 that allows investors to take advantage of tax breaks while investing in economically-distressed neighborhoods across the US. Since this is a relatively new investment strategy, a lot of questions come into play about how this economic development tool works. On today’s show,
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