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Interesting dynamics are happening right now to the US real estate market. As mortgage rates have been hovering around a one month high, we’re also not seeing a seasonal uptick in new listings or housing inventory levels. Additionally, new listings have decreased by double digits for 36 out of the last 39 weeks on a
Charles Munger at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, April 29, 2022. David A. Grogan | CNBC Charlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor told the Financial Times that U.S. banks are packed with “bad loans” that will be vulnerable as “bad times
If you find yourself wanting to take a break from the world’s problems, this might just be the perfect home for you. Located in Sneads Ferry, North Carolina, a private 4-plus-acre property on a waterway island has hit the market for $2.4 million. The current owners purchased the home back in 2017 for $500,000 —
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This mansion finally drummed up enough buzz to score a buyer. Tommy Lee’s “spectacular hillside” Calabasas home finally sold for $3.6 million on Friday after the Motley Crue drummer’s best efforts at offloading the property for years. But the closing price didn’t even turn a profit for Lee, who purchased the home in 2007 for
3 Kinds of Tenants: A Landlord’s Guide Finding the right type of tenant to rent your property is an integral part of being a real estate investor. Without rent paying tenants, there is no cash flow! That’s why it’s so important to find responsible, long-term renters. In this video, you’ll learn about the three different
📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com This is a DEATH blow to the US Dollar In this video, we’re going to talk about the future of the US dollar and how it relates to real estate investing. Then I’ll answer three of
VA loans and Basic Allowance for Housing (BAH), in my opinion, is the greatest opportunity given to active duty military to build wealth through home ownership. Owning a home is not for everyone, so please get advice from a financial planner, family, mortgage lender and your real estate professional to determine if it is something
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Breathing in the Big Apple has never been so pleasant — but the bar is really low. According to a new survey, opening your window at home within the boroughs currently brings in the freshest it has in a decade. And yet, despite the improvement, the New York metro area still ranks 12th worst of