In this episode, Craig Mcgrouther and I explore the spectrum of feelings towards the market and predictions about the future, ranging from doom and gloom to cautious optimism. Some believe that cracks in the system may lead to foreclosures, short sales, and discounts, while others maintain a more resilient outlook, anticipating that pricing will remain
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U.S. Credit Downgraded | Housing Market Update 0:00 – Intro 13:34 – Market Update 17:30 – Video, recession this year 27:00 – Video, rent growth stalling 32:40 – Video, 5% rates 40:00 – Video, consumer health
One of the key reasons renters are getting caught in the crossfire of the mortgage rates is that it is increasing rental demand, said Oliver Knight, head of residential development research at real estate firm Knight Frank. Oscar Wong | Moment | Getty Images LONDON — Mortgage rates are soaring in Britain, and many are
International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar all make the purchases much less financially attractive. From April of last year to this March, international buyers bought roughly 84,600 homes; that’s the lowest number
Fitness entrepreneur Anne Mahlum and high-performance coach Brett Eaton are in contract to buy a Miami manse asking $13.5 million. The deal comes just two months after Mahlum paid $8.35 million for a triplex penthouse investment property at 260 Bowery in Manhattan, as Gimme Shelter previously reported. Mahlum is the founder and former CEO of Solidcore, a
A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates have been holding at high levels for several weeks now, and that is taking its toll on homebuyers. The Mortgage Bankers Association reports the average contract interest rate
On Wednesday, Congress held a hearing about UAP’s or “unidentified aerial phenomena.” This is government speak for UFO. During the hearing, U.S. intelligence official David Grusch, a whistleblower, testified under oath before Congress that the United States has the bodies of alien pilots who were recovered from crashed UFO’s. He also said that we have
Denver Real Estate Investing: 3 Proven Strategies for BIG Profits in a Booming Market! Should you invest in the #Denver #housingmarket ? Denver Metro Area is a booming economy. Therefore, finding the best #investmentstrageties in the Denver housing market is a wise financial decision. If you’ve decided to invest in Denver real estate market, this
Content In this video, I show you how I helped my friend transform his house with some fresh paint and a new electric socket. Watch me as I go through the steps of preparing, painting and fixing the walls, and learn some tips and tricks along the way. This is house flipping at its best!
Bank of America shares tips for buying a home in today’s market
Bob and Terri Wood, of Mobile, Alabama, with their grandson. Courtesy: Bob Wood Bob Wood, 66, has been thinking of selling his home in Mobile, Alabama. The finance professor and his wife, Terri, purchased the 5,000-square foot house with a pool nearly a decade ago. “It’s probably time to downsize,” he said. They would also
Downtown Los Angeles. TheCrimsonRibbon | Getty Images Americans are feeling the pinch from the high cost of single-family rentals, despite only slight year-over-year growth, according to a new report. Rental prices shot up during the pandemic. They are likely to remain high, with many Americans hesitant to purchase new homes amid soaring mortgage interest rates,
Souped-up amenities like gyms, spas and lounges have become givens in any luxury New York residential building. But with the much-anticipated return-to-office scenario being weaker than expected in the wake of COVID, sleek co-working spaces are the latest perk to join the list. Based on data from Placer.ai from a sample of 50 Manhattan office