W. J. Mencarow

New Real Estate Opportunity Brewing as Some Americans Opt to Rent

Published by FOX Business | March 3, 2024 Being a ‘forever renter’ is attractive to millennials and empty nesters, says Post Brothers CEO As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined …

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How The 2024 Election Could Impact The Real Estate Market

Published by FOX Business | February 26, 2024 Prior elections have coincided with eventful years from the pandemic and Brexit referendum, which caused prices to rise. Real estate economists are sounding the alarm about how the upcoming presidential election this November could impact the housing market. While the outcome could affect certain economic policies, the election cycle …

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What Will the Housing Market Look Like Once Mortgage Interest Rates Drop?

Published by REALTOR.com | February 29, 2024 Experts predict what lower mortgage rates would mean for homebuyers and the housing market in general. Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor. They’re right to worry: In October, rates hit a 23-year …

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Would a Recession Clobber the Housing Market or Make It Affordable Again?

Published by REALTOR.com | February 20, 2024 Fears of another recession striking have been mounting as the Federal Reserve has attempted to slow the U.S. economy down by raising interest rates. While the Fed’s rate increases brought the real estate market to a near halt and contributed to the scores of layoffs at some high-profile companies, it’s looking …

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Why Squatting Is On the Rise—and So Hard To Solve

Published by REALTOR.com | February 19, 2024 Stories of squatters taking over vacant properties, costing homeowners thousands to evict, are becoming shockingly common today. Atlanta attorney David Metzger recently got a call from a client in a tricky situation: She’d gotten engaged, moved in with her fiancé, and decided to rent out her house in Dekalb County. …

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See How Much Homeowners Pay for Property Taxes in the Cheapest and Most Expensive States

Published by REALTOR.com | February 20, 2024 Homebuyers looking to avoid high property taxes probably shouldn’t move to New Jersey. The Garden State continues to have the dubious honor of having the nation’s highest property taxes, according to a recent report from personal finance website WalletHub. New Jersey homeowners paid a median of $9,345 in 2022, according …

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Donald Trump Fined $355M for Overvaluing His Real Estate and Other Assets

Published by REALTOR.com | February 16, 2024 The former president was found liable for issuing false financial statements, falsifying business records, and conspiracy. A New York judge on Friday ruled that Donald Trump, the nation’s first real estate mogul turned U.S. president, will have to pay a $355 million fine for overvaluing his real estate empire …

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From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market?

Published by REALTOR.com | February 13, 2024 Could the presidential election stall home sales? This year has barely begun, and it already seems destined for the history books. The next 11 months are jam-packed with a combative presidential election, two large wars abroad, a string of high-profile companies announcing layoffs, and fears over whether the …

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Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme

Published by FOX Business | February 8, 2024 The case stems from a failed luxury condo project called ‘The XI’ and 34-story office skyscraper dubbed ’29th & 5th’ A once high-flying New York real estate developer and several other industry executive bigwigs have been indicted for stealing more than $86 million from investors and subcontractors through …

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