Published by FOX Business | April 24, 2024 Rising home insurance rates are crushing U.S. families The astronomic rise in mortgage rates and spike in home prices over the past year have pushed a key tenet of the American dream out of reach for millions of families. Now, there is another obstacle to homeownership: higher …
Surge in Home Insurance Costs Adding More Inflation Pressure on Americans Read More »
Published by FOX Business | April 18, 2024 The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work. There were 625 commercial real estate foreclosures in March, up 6% from February and 117% from the same time last year, according to a new report published by …
Commercial Real Estate Foreclosures Jumped 117% in March Read More »
Published by REALTOR.com | April 18, 2024 These higher rates are frustrating homebuyers and sellers, thwarting many of their plans. Mortgage rates are back up above 7%. Even worse, rates could rise further after U.S. Federal Reserve Chair Jerome Powell said policymakers were in no rush to cut rates while inflation remains stronger than anticipated. …
Published by Realtor Magazine | April 15, 2024 NAR, along with other housing groups who chimed in on the case, call the unanimous Supreme Court ruling a major win for property rights. The U.S. Supreme Court ruled unanimously on Friday that the government cannot demand hefty development fees from property owners in exchange for building …
SCOTUS Rules in Favor of Owners in Property Fee Dispute Read More »
Published by Inc.com | April 3, 2024 A new survey finds the average American thinks they’ll need nearly $1.5 million to retire, a 53 percent rise since 2020 that contrasts with flatlining rates of savings Over the years, business owners, managers, and investors have all probably extended the time frames in which they’re expecting to …
Poll: At Least $1.46 Million Needed for Retirement Read More »
Published by CNBC.com | April 9, 2024 First-time homeowners often face sticker shock on their mortgage payments after the first year of ownership It’s not unusual for new homeowners to face financial surprises, but people buying a newly built home may be more likely to encounter sticker shock on a key expense. Almost 75% of …
Buyers of Newly Built Homes Can Face a Property Tax Surprise Read More »
Published by Fortune.com | January 16, 2024 Here’s how to know if this type of investment is right for you, and how to get started. For some, investing in real estate can translate to thousands of dollars in additional income each year. And experts say that in today’s inflationary environment, doing so could prove to …
Experts: Investing in Real Estate Can Hedge Against Inflation Read More »
Published by Forbes.com | April 3, 2024 Due to capital gains tax, profits from a home sale may not entirely end up in your pocket. In a real estate market with skyrocketing prices, selling a property can yield significant financial gains. According to a recent Bankrate report, the supply of U.S. homes has been constrained …
How To Navigate Capital Gains Taxes In A Challenging Real Estate Market Read More »
Published by REALTOR.com | April 3, 2024 About 38% of all buyers were millennials last year, according to the National Association of Realtors. That’s up from 28% in the previous year. Millennials are finding ways to become homeowners—despite an extremely challenging and expensive housing market. About 38% of all buyers were millennials last year, according …
Millennial Homeownership Is on the Rise Despite Affordability Issues Read More »
Published by FOX Business | April 1, 2024 The annual earnings required to afford a median-priced home, which Bankrate lists at $402,343, rose 46% between January 2020 and January 2024. Homes in the United States have become increasingly unaffordable during President Biden’s term in office, with one study showing that buyers in nearly half of the 50 …
Homes Have Become Less Affordable Since Biden Took Office Read More »
Powered by WishList Member - Membership Software
