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If you’re thinking of buying a home in 2023 consider this first. The top 3 reasons why it’s a horrible idea to buy a house this year in America: 1) America is still in the largest housing bubble of all-time. 2) It’s cheaper to rent. 3) If you buy a house, you’re likely to regret
When will the housing market crash crash? That is the question nearly every single buyer in the United States is asking following twelve quarters of absurd never-ending price growth. According to Redfin.com, the average homebuyer housing payment has increased by more than 90% since May 2020. Just three years ago a new buyer could expect
Couples Therapy, Orna Guralnik Source: Showtime When I was growing up, my father used to repeat a saying he’d heard as a child from his grandmother: “When money doesn’t come through the door, love goes out the window.” That proverb appears to date back to a 19th century painting by the English artist George Frederick
The city’s hottest real estate drama appears to have finally come to a close. Two auctions, one lawsuit and a scandalous news cycle later — and the triangle-shaped Flatiron Building has found a new owner in … some of its former owners. In March, an only-in-New-York industry epic began when the 121-year-old property went up
“History repeats itself, first as tragedy, second as farce.” Karl Marx.
In this captivating YouTube video, join Dr. Amol Mourya as he takes you on a journey through the remarkable life of an old real estate developer from a small town in Madhya Pradesh, India. Prepare to be amazed as we delve into the extraordinary story of how this visionary individual acquired 100 acres of land
Why should you NOT FLIP the Philippine flag? An inverted Philippine flag symbolizes a state of war. The very first time we see an inverted Philippine flag was in 1899 when the Philippines was at war with the US. And the last time that the Philippine war flag was flown was during World War 2
Big Wall Street homebuyers like Blackstone and Opendoor are buying 90% FEWER HOUSES in 2023. They’ve officially abandoned the Housing Market. Likely because they expect home prices to keep declining. And because with mortgage rates north of 6%, they can’t make any money on their rental properties (which often yield 5% or less). Opendoor has
New housing market forecast just in! Fannie Mae’s housing market predictions: home sales of existing houses in the US will fall to a 13 year low (lowest levels since 2010). Their real estate market predictions are also calling for home prices to fall in 2023 and then fall further in 2024. In today’s video, I
kali9 Young adults in the United States are taking longer to reach “key life milestones,” including financial independence from parents and living on their own, compared to four decades ago, according to a Pew Research Center analysis released on Tuesday. In 2021, adults who were 21 were less likely to have a full-time job; be
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. That is the highest
The Gap is suing Kanye West for $2 million over their failed collaboration, claiming the embattled rapper made unapproved changes to a Los Angeles rental property the landlord is trying to collect on. According to court documents obtained by The Post, Gap filed a claim against West, 45, and his Yeezy clothing line in LA
A major activist investor is betting stalled return-to-office plans will stir up more trouble in commercial real estate. Land and Buildings’ Jonathan Litt has been shorting REITs with high office space exposure for three years, and he has no plans to shift gears. “If you have no rent growth and your vacancies are going up