Housing Affordability is at the lowest level in a decade as a major recession indicator just flashed its loudest warning ever as Fed Chair Powell signals higher interest rates suggesting a hard landing could be coming. Will House Prices Crash or Stabilize along with inflation moderating? Will we see the pivot the FED Pivot in
A strange encampment has been preserved through photos, despite being left to rot by its inhabitants. On the shores of Aruba, the remains of this tropical settlement still sit, wasting away as the waves roll endlessly in and out. Nevada-based photographer Shaun Astor recently came upon this odd sight while visiting the Caribbean: A random,
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage
You may not get what you want this holiday season if it has to be shipped from abroad. The Wall Street Journal reports that cargo routes are being canceled left and right because of the global economy. OPEC is about to cut oil production. It’s a full screech of the economy in the works and
What is the #1 entity for tax lien investing? First, you want to make sure that it is a viable investment. Can you get a return on your investment? Will the property be worth more when it is sold than what you paid for it? Whether you are buying tax liens to pay off delinquent
It took me almost a year to complete this overdue project. Was it a flip or a flop?? Watch this video to find out! ~~~~~~~~~~~~~~~ My book, Flipping Houses QuickStart Guide, is available on Amazon! As a house flipper of 5 years, I’ve flipped almost 50 houses with a six-figure profit on average. I’m so
The 2023 housing correction could be the PERFECT time to invest in real estate. Don’t believe us? Maybe you’ll be more convinced by Dave Meyer, VP of Data and Analytics at BiggerPockets and real estate investor who got his start right after the 2008 housing market crash. For a fresh-out-of-college Dave, this was one of
The first annual drop in US home prices since 2012. US and Germany are at risk of a severe home price correction. And the US house price-to-income ratio in 2022 surpassed its peak level while local incomes no longer support inflated housing prices. is it all going down? Link to article: https://www.redfin.com/news/housing-market-update-home-sale-prices-fall-first-time/ To schedule a
The bozos who run our city came up with a new way to make New Yorkers hesitant about moving to Florida take the plunge: Freeze ‘em out. Among the disastrous effects of the folly called Local Law 97, which requires most apartment buildings to change their heating systems to reduce greenhouse gas emissions, is that electric
MASSIVE layoffs! What does it mean??
Building a real estate portfolio in 2023 isn’t as easy as it used to be. Without the free-flowing deal flow of the past decade, real estate investors need to try more intelligent strategies to snag properties that can help them reach financial freedom. To help them hit their goals, expert investors David Greene and Rob
My name is Elisa. I’m a real estate developer and house flipper in the San Francisco Bay Area. I’ve been flipping houses for 5 years and I’ve completed almost 50 home flips. On this channel, I share house flip before and after videos, real estate investing how-tos, and home remodeling tips and tricks. ~~~~~~~~~~~~~~~ My
Between mortgage rates hovering near the 7% range, a looming recession with a ton of layoffs, massive consumer debt on the rise as well as home prices still fairly high, this spring home buying season of 2023 is likely to be a complete ghost town. Need a Realtor? https://homeandmoney.com/michael/ ====== Like My Sunglasses? Get a
Home prices in the US posted the biggest year-over-year decline in more than 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 homebuyers are