W. J. Mencarow

Ways to Protect Your Digital Property and Virtual Real Estate

Published by Porch.com | June 8, 2023 When it comes to securing virtual investments, you have a choice of several insurance products, including cybersecurity insurance and digital property insurance. Although the Metaverse is a virtual world, many people have already purchased profitable real estate in this space. When it comes to protecting your real estate …

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Real Estate Investing: How To Find A Partner For Your Business Plan

Published by Forbes.com | June 24, 2023 Once you have formulated the business plan, you might consider bringing in a partner—especially if you don’t have experience in real estate investing. If you know what type of asset class you want to invest in and have found an opportunity, you’ll want to put together a business plan. This …

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Expert Warns Landlords Over Progressive Policies Allowing Squatters

Published by FOX Business | June 23, 2023 Data shows 5.1 million U.S. households are behind on rent as of May 2023 Step through the doors of a house that’s just been vacated of squatters, and you might be shocked at the property’s condition. Anchor Realty co-owner Walter Lapidus’ recently regained a Philadelphia-area home with multicolored …

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Fewer First-Time Buyers Can Compete in Today’s Pricey Market

Published by REALTOR.com | June 21, 2023 About 2.4 million households have been priced out of homeownership over the past year. First-time homebuyers and people of color have been particularly affected by higher home prices and mortgage interest rates, according to the Joint Center for Housing Studies of Harvard University’s annual State of the Nation’s Housing …

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Foreclosures Are Spiking—How Bad of an Omen Is This for the 2023 Housing Market?

Published by REALTOR.com | June 9, 2023 The number of homeowners receiving a foreclosure filing spiked in May, causing many to draw uncomfortable parallels with the Great Recession. The number of homeowners receiving a dreaded foreclosure filing spiked in May. About 1 in every 4,000 homes had a foreclosure filing in May, according to a recent report from real …

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Regional Banks Scramble to Unload Commercial Real Estate Loans, Fearing New Crisis

Published by The Epoch Times | June 14, 2023 Analysts fear that CRE exposure could spark another round of bank failures The work-from-home trend has been taking its toll on office landlords and is now making its way through to banks’ commercial loan portfolios, leading some analysts to predict that more trauma could be on …

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The Misalignment In Rent Regulation Prevents The Production Of Housing

Published by Forbes.com | June 9, 2023 Land trades and prices have declined consistently, mostly because it’s not financially feasible to build rental housing without a government incentive like 421a. As housing affordability has become a flashpoint nationwide, state legislatures across the country have introduced over 60 rent control-related bills, adding to the rent regulations …

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Affordability Crunch: Where Middle-Class Buyers Can Afford Homes the Most—and the Least

Published by REALTOR Magazine | June 8, 2023 Today’s homebuyers are learning that finding a move-in ready home in a good location that they can comfortably afford is about as rare as a winning Powerball ticket. A dire housing shortage has kept prices strong and competition fierce among buyers despite high mortgage interest rates. That’s left less than …

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Study: Residents in Major U.S. City May Need at Least $85K to Afford Rent

Published by FOX Business | June 9, 2023 Tampa, Florida is ranked 18th on an index of the most overpriced metro areas in the country A new study found that people living or wanting to move to one of the Sunshine’s state fastest growing cities need to make at least $85,000 annually to afford the skyrocketing housing …

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