This is bizarre…. In some markets, prices are going up while in others they are going down by double digits from 12 months ago. Also, both pending home sales AND new listings in the US continue to fall by double digits. Yet, despite this dip in sales some markets are feeling very competitive right now
Month: April 2023
Some residential managers aren’t waiting for the last minute to make their buildings ready for Local Law 97, which kicks in at the year’s end and requires extensive changes in heating systems. As we reported, the law calls for most city buildings to reduce greenhouse gas emissions to certain levels or face huge fines. Argo
Active vs Passive Investing in real estate. Which one’s better? Active income is good in some ways and bad in others. ***** Get Your FREE 45 min Consultation NOW! 👉 https://aba.link/ss3l What would brokers, house flippers, real estate wholesalers, construction, developers or dealers be classified as.. active income or passive? Some passive income would be
You need to understand WHY you make offers on houses. It’s not to get the deal! ———————————————- With over 800 Videos, this is the #1 channel on YouTube for all things wholesaling and flipping. SUBSCRIBE NOW! https://www.youtube.com/c/FlippingMasteryTV Listen to your favorite Flipping Mastery TV videos on your favorite podcast platform! https://www.buzzsprout.com/1820277 Jerry Norton went from
With interest rates trending higher and housing inventory stubbornly low, the spring housing market is off to a slow start. On the second installment of the WSJ’s special series “Under Contract: Your Guide to Home Buying,” Zillow senior economist Orphe Divounguy tells host J.R. Whalen how those factors have reshuffled the balance of power between
For the 5th time in the last 6 months, Corelogic upgraded their 12 month housing market forecast and real estate predictions. In today’s housing market forecast summary, I share all the details as well as the 5 markets Corelogic believes will most likely see home prices decline over the next 12 months. Comment below with
Richard Baker | In Pictures | Getty Images Only two months ago, SL Green & Co. chief executive Marc Holliday was sounding happy. The head of New York’s biggest commercial landlord firm told Wall Street analysts that traffic to the company’s buildings was picking up, and more than 1 million square feet of space was
Reps for Sherry-Lehmann, the embattled, 90-year-old high-end wine store, told my colleague Lisa Fickenscher last week that they were “excited” they would reopen the shuttered shop on Tuesday. But as of Friday, a window sign touted only, “Grand reopening coming soon!” As Fickenscher first reported, the venerable vino vendor was shut down by the State Liquor Authority
Russia joined forces with China to create a new reserve currency. This new currency will be based on rare earth minerals like gold, silver, uranium and more. This is a massive challenge to the US dollar dominance which isn’t based on gold or anything. Our thanks to UEC (Uranium Energy Corporation) for supporting our show.
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Robert Shiller, the economist who predicted the 2008 Housing Crash, says that now is a BAD TIME to buy a house in 2023. And that home prices will keep declining over the next six months. Go to Reventure App: https://www.beta.reventure.app/dashboard Inflation-adjusted home prices in America are at their highest level of all-time right now. Even
Big news for the US real estate market! As mortgage rates flutter around a 2 month low, we’re not seeing a seasonal uptick in new listings or housing inventory on a national level. For example, new listings have decreased by double digits for 34 out of the last 36 weeks on a year-over-year basis. In
Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone. Brian Snyder | Reuters The residential real estate market has been volatile due to rising interest rates, but the peak spring season — if challenging for buyers and sellers — is here. For
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