The US housing market is crashing and soaring at the same time as the Fed signals additional rate hikes needed to fight inflation while saying abandoning the 2% inflation target would be a disaster. At the same time, Robert Shiller is saying “if you have a chance to delay your purchase, it might be a
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The number of homes for sale in the Arizona housing market skyrocketed 133% in March 2023 from a year ago. At the same time, the share of price reductions is well above the nation’s average (43% in AZ versus 30% nationwide). This is based on data from AltosResearch.com. In today’s Arizona real estate market update,
A real estate project under construction in Shanghai’s newer Pudong district on Feb. 23, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China. The share of respondents planning to buy
They’re breaking out the Chardonnay and cocktail sauce on the Upper West Side. The Mermaid Inn, which made a splash on Amsterdam Avenue for 15 years before it closed last year, is taking the plunge again nearby. The new Mermaid will reopen later this year at 335 Columbus Ave. at West 76th Street, a former
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%
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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