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“A debt ceiling default would send the U.S. housing market back into a deep freeze.” In today’s video, I share a potential scenario of what would happen to the US housing market if the Federal government was unable to raise it’s debt ceiling and default on its debt for the first time in history. This
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. Joe Raedle | Getty Images Higher mortgage rates and a severe shortage of homes for sale are taking their toll on mortgage demand. Mortgage applications to purchase a home dropped 4.8% last week, compared with the previous week,
An Upper East Side compound connected by an underground, skylit tunnel is heading to the auction block. The minimum bid is $10.25 million. The property features a four-story townhouse, at 251 E. 61st St., with the tunnel leading to an attached two-story rear carriage house. Bidding ends May 31, says Paramount Realty USA’s Misha Haghani,
As Haiti’s Bwa Kale self-defense phenomenon is in its third week, the gangs that have been terrorizing Haiti are not backing down. In fact, they are threatening to massacre the population. This comes as, according to the UN, more than 600 people were killed in Haiti in the month of April alone. Dan Cohen continues
Traveling is one of the greatest priorities for the newer generations, hence the popularity with Airbnb. Aaron Adams is here to offer our viewers his 3 strategies that gained him success with his Airbnb experience. For those unfamiliar with Airbnb, Airbnb acts as an online marketplace where travelers can find temporary lodging. The properties listed
Investing in real estate in Dubai just got a whole lot more exciting with off-plan properties! Get in on the ground floor and be a part of the city’s continued growth and development. With off-plan properties, you have the unique opportunity to customise your dream home from the comfort of your couch. Say goodbye to
It happened… Zillow did it yet again! They upwardly revised their housing market forecast and real estate market predictions for 2023. In today’s video, I share their latest real estate market forecast for the US housing market. ➜➜➜ Get Connected To a GREAT Real Estate Agent: Jason Compilation of Housing Market Forecast videos: Report I
Construction workers work on a home, as a subdivision of home is built in San Marcos, California, January 31, 2023. Mike Blake | Reuters Homebuilders are getting a big boost from the lack of existing homes for sale, and that appears to be outweighing some of the challenges they’re facing from financial markets. Builder confidence
Tamar Lurie — widow of the late political cartoonist and Israeli war hero Ranan Lurie, who passed away last year at age 90 — is in contract to sell their apartment at 15 Central Park West. The broker is their daughter, Danielle Lurie, of Compass. The 36th-floor spread was last asking $26.5 million, down from its
This is the beginning of something real…
Episode #765 Real estate investing was never meant to be easy, but there are a few ways you can get started without putting a ton of your money or time at risk. Most real estate investors go gung-ho from the start, buying as many cheap rental properties as possible, only later to realize their mistake.
Buying a cheap house these days in the United States is challenging and homeownership remains far out of reach for first-time buyers. There are several reasons to why it’s difficult to buy a house in the US nowadays. These include limited housing inventory, high inflation rates, high demand, rising home prices, tight lending standards, debt,
The housing market has been odd to say the least this year as homeowners are opting to hold onto their ultra low mortgage rates leading to an abnormal dip of housing inventory this year. However, buyers are also sitting on the sidelines as pending home sales are still down by double-digits compared to one year