📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com During a recession, many people are hesitant to make big financial decisions. They hope that the economy will steady, and they’ll soon see a better opportunity to buy an investment. However, this is a big mistake.
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The U.S. housing market is in big trouble. While mortgage rates are spiking and worsening affordability all around the nation, property values are crashing hard. Redfin data shows that over the past eight months, U.S. homes have lost a combined $2.3 trillion in value, and we aren’t even close to seeing a bottom just yet.
Manhattan’s iconic Waldorf Astoria Hotel, which has been “temporarily” closed since February 2017, will not reopen until at least 2025, sources told The Post. The ongoing delays to reopen the art-deco jewel is a continued black eye for the Hilton brand — which is launching “Waldorf Astoria”-named properties around the world while the flagship remains a
How much money do you think is actually in circulation? Dollars?
Why should ANYONE take your money?! Learn how to do it the RIGHT way and start investing in real estate to build REAL wealth. In this video, (a 1-on-1 with Subto student Jill) I’ll go through 4 steps to help you get on the right path to become a private money lender! You’ll be able
A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Mortgage demand has increased for three straight weeks now, as interest rates dropped in response to the recent bank failures. But rates are rising again, and that could put a damper on application
The median sold price in the US posted the biggest year-over-year decline in at least a decade this March. However, this doesn’t mean housing is more affordable. In fact, because average mortgage rates have surged from around 6% at the beginning of February to around 7% by early March, the average monthly housing payment that
#housingmarket #realestate #housingcrash In this video we review JP Morgan’s deep dive analysis on how the lack of liquidity in the banking system is now beginning to affect the real estate market, and could absolutely crush commercial real estate loans. We review and answer the common question people ask about how this may affect residential
A hedge fund billionaire striving for even greater decadence has listed his old megayacht for sale. Apparently not satisfied with his sprawling mansion at sea, British banker Michael Platt has put his 246-foot ship Arrow up for sale to the tune of $150.66 million. (In contrast, the average Manhattan street is roughly 264 feet long.)
DIIA. The beginning of digital ID systems in Ukraine. Then what? @dancohen3000 reports…
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A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of
The US Government is in a world of trouble which could cause the FED to pivot a lot sooner than originally planned. This past week Banks borrowed 165 billion from the FED in a rush to backstop liquidity as the US Banking System is on the brink of collapse. At the same time, we are