Unexpectedly strong home sales at the start of this year just reversed a sharp, several-month decline in home prices. Mortgage rates are behind the swing. Home prices nationally rose 0.16% in February, when seasonally adjusted, according to Black Knight. That is the strongest one-month gain since May of last year. Home prices are now 2.6%
Month: April 2023
What is in the 4,000-page spending bill that Congress is set to vote on? Who knows because no one has read it! We’ve tried though and point out some crazy additions such as money for a new Ukraine Park in Washington, gender programs in Pakistan and, you guessed it, money for Ukraine. ✅ Sign up
Want to know how to make money in real estate? The key is finding the best deals. 🏚️ The objective is to buy right (sometimes that means buying low, sometimes it doesn’t). This will allow you to have some breathing room in order to solve problems and make a profit.💰💰💰 Usually, finding the right deals
Who doesn’t love a good before and after house flip?! At some point HGTV gets us all dreaming about our own renovations, or better yet professionally flipping houses for a profit. But can the average person actually do it? Today I collaborated with the Austin Flipsters to find out what it is really like to
Las Vegas Homes For Sale – Brutal News! With continually high interest rates, the real estate market is on shaky ground as the first quarter of 2023 comes to an end. More specifically, the amount of Las Vegas homes for sale has decreased slightly since the start of 2023 but buyers now face more challenges
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In a much-needed flash of residential energy downtown, the 242 luxury condo apartments at Lightstone Group’s 130 William St. are nearly sold out, according to an analysis of public records posted on the city’s Department of Finance ACRIS database. The flood of pricey purchases since marketing began in 2018 hopefully portends a resurgence for the
Traditional investing advice calls for 60% of your portfolio invested in stocks and 40% in bonds. However, investors following the 60-40 rule have seen a 15% loss in 2022, complicating retirement savings for many Americans. The Wall Street Journal’s Akane Otani joins CBS News to discuss the various strategies in investing for retirement. #news #finance
Having ended their romantic relationship but remaining business partners, two Flipping 101 graduates are chasing their biggest profit yet with a sizable home in Studio City. Tarek returns to help them keep their project and partnership on the rails. Flip or Flop’s Tarek El Moussa draws upon his enormous success from flipping over 300 homes
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There appears to be a growing geographic split in the U.S. housing industry. A new report reveals that home prices are declining out West, while the market out East is booming. Home and mortgage expert at NerdWallet, Holden Lewis, joins CBS News for more. #news #economy #housingmarket CBS News Streaming Network is the premier 24/7
Scores of luxury homes are coming to major cities across the United States. Analysts at Yardi Matrix projected that more than 400,000 units were completed in 2022, and they expect another strong showing in 2023. Experts believe much of this new stock is built with upper-tier customers in mind. “You often see new housing branded as
A historic 18th-century home that’s truly withstood the test of time has listed for $2.95 million. Located in Charleston, South Carolina, at 40 Tradd St., this three-bedroom, four-bathroom home saw Civil War shelling, several colonial fires in the neighborhood, the Earthquake of 1886 (with a magnitude between 6.8 and 7.3) and even weathered hurricanes. It
Simpleimages | Moment | Getty Images It can be hard to separate financial fact from fiction. CNBC polled eight personal finance experts to help answer one question: What are the biggest money myths out there for consumers? Here are 9 of the top fallacies the financial gurus debunked. Myth #1: Giving up a daily coffee