Published by CBS News | May 10, 2023 Real estate developers appear to smell financial opportunity in a badly dilapidated Florida home that comes fully ventilated via sizable holes in its ceiling. The single-family house in Miami Shores Village is listed for $650,000. It has drawn multiple offers and is currently under contract, according to …
Derelict Florida House Lists for $650k. It’s Already Under Contract. Read More »
Published by Breitbart News | May 9, 2023 Measure ULA, a tax on high-end properties passed by Los Angeles voters in 2022, has flopped after just one month in operation, bringing sales of luxury homes to a halt while raising little money for affordable housing. As Breitbart News previously reported: Measure ULA, if implemented, will require …
L.A.’s ‘Mansion Tax’ A Complete Flop After One Month Read More »
Published by REALTOR.com | May 8, 2023 Consumers expect mortgage rates to drop, so they’re feeling a lot more optimistic about the housing market, according to a recent Fannie Mae poll. After the U.S. Federal Reserve’s rate increase last week, the Fed Chair signaled a potential pause in hikes. Rates dipped after the news, and economists are …
Published by FOX Business | May 5, 2023 Florida landlord shares little-known method that allows police to remove squatters A real estate investor who was recently the victim of squatters is using his experience to help other landlords avoid court through a little-known Florida statute. After recruiting a local news station to cover his situation …
Landlord Reveals Secret to Removing Squatters Without Expensive Legal Battles Read More »
Published by DS News | April 26, 2023 Debt collectors now attempting to collect on these zombie second mortgages may be in violation of the Fair Debt Collection Practices Act. The Consumer Financial Protection Bureau (CFPB) has issued guidance to protect consumers from illegal collection tactics on so called “zombie mortgages” due to the fact …
CFPB Issues Further Guidance on ‘Zombie Mortgages’ Read More »
Published by FOX Business | May 1, 2023 Berkshire’s Charlie Munger issues warning for U.S. commercial property market Berkshire Hathaway Vice-Chair Charlie Munger said Monday that a storm is brewing in the U.S. commercial property market. As property prices fall, Munger said American banks are “full of bad loans.” “It’s not nearly as bad as it was in …
Billionaire Mogul Warns a Storm is Coming in the Real Estate Sector Read More »
Published by REALTOR.com | April 25, 2023 Rents across the country continued to tick up in March—but at a much slower pace. Tenants shelled out about 2.5% more last month compared with a year earlier in the 50 largest metropolitan areas, according to the most recent Realtor.com® rental report. Nationally, the median rent was $1,732 a …
Rent Prices Stop Shooting Up—and Even Fall in Some Parts of the Country Read More »
Published by REALTOR.com | April 25, 2023 The question on the minds of homebuyers, sellers, and homeowners is what is going to happen with home prices. Does this sound disturbingly familiar? Skyrocketing home prices have very suddenly leveled off. Recession fears are swirling. The number of home sales has dropped. Is it 2006—the year that saw the …
It’s Deja Vu in the Housing Market—Is It 2006 All Over Again? Read More »
Published by Forbes.com Find out which cities have witnessed the largest increase in average rent from 2022 to 2023 in every US state. After the homebuying hysteria of 2021 and the first half of 2022 was cooled off by rising interest rates, one of the knock-on effects has been an increase in the cost of …
Cities Where Rent Has Risen The Most In Every State Read More »
Published by Forbes.com | April 18, 2023 REITs are dividend-paying entities that own or finance real estate. Learn what REITs are, and the best ones to invest in right now What’s on tap for the stock market in 2023? Even halfway through the first quarter, there isn’t a strong indication which direction markets will go. …
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