W. J. Mencarow

6 Real Estate Strategies to Use at Various Stages of Your Investing Career

Investments / By

Published by Entrepreneur.com | December 16, 2022 All real estate investors know there isn’t a single strategy for investing. As a real estate investor, you might encounter varying advice about investing on the internet, social media and from other investors. Some of these sources may claim they know best, but there are many effective strategies for …

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Homelessness Ticked Up In 2022 as Rising Rents Continued To Price People Out

Economy, Rental Property, Residential / By

Published by REALTOR.com | December 19, 2022 Homelessness rose this year as rents and home prices spiked across the country. In January 2022, nearly 582,500 people experienced homelessness, according to a recent U.S. Department of Housing and Urban Development report. That figure is a slight increase—about 0.3%—from 2020. However, homelessness fell 10% over the past 15 years. …

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Mortgage Buydowns Are Making a Comeback

Interest Rates, Mortgages / By

Published by REALTOR.com | December 19, 2022 Rising borrowing costs have dramatically increased the cost of buying a home this year, reviving interest in mortgage products like temporary buydowns that fell out of favor after the 2008 financial crisis. Carley Chase found her dream home in Chandler, Ariz., this summer: a three-bedroom ranch, close to work, with a …

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Study: More Than 250K Homebuyers in 2022 are Underwater on Mortgages

Mortgages, Residential / By

Published by WJTV News | December 10, 2022 The findings reflect a real estate market that has seen home prices cool in recent months amid a period of rapidly rising mortgage rates. More than 250,000 borrowers who purchased homes this year now owe more than their house is worth today, according to a new analysis. …

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Zillow Names The 10 Best Metros For First-Time Home Buyers In 2023

Residential / By

Published by Forbes.com | December 7, 2022 Wichita, the largest metro in Kansas, landed the top spot largely because of its relative affordability. As the share of buyers purchasing a home for the first time rebounds to pre-pandemic levels amid a changing market, a new Zillow analysis rates Wichita, Kansas as the top area in America for potential …

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Pending U.S. Home Sales Drop 37%, Largest Decline On Record

Economy / By

Published by Independent Sentinel | December 2, 2022 Evidence is mounting that the current housing downturn is growing more severe by the day. U.S. home prices are plunging at their most significant clip since the housing market cratered during the Great Recession, mortgage analytics firm Black Knight said in a report released in August. According to …

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