Published by REALTOR Magazine | June 3, 2021 After appeals court retains stay on nationwide eviction moratorium, plaintiffs announce plan to file petition with Supreme Court. Plaintiffs in a lawsuit seeking to end the Centers for Disease Control and Prevention’s nationwide eviction moratorium said they’ll take their case to the Supreme Court. The moratorium is …
Published by Bloomberg | May 25, 2021 Wholesalers have been enabled by pandemic-era low interest rates and a tight housing supply that has created record price appreciation. States and cities in the U.S. are cracking down on a niche in house-flipping known as wholesaling conducted by a flood of largely unlicensed middlemen lured in by …
Fast-Cash House Flippers Flood Poor Neighborhoods in the U.S. Read More »
Published by FOX Business | May 18, 2021 U.S. commercial real-estate market is in remarkably solid shape More than a year into the pandemic, high-rise office buildings are largely empty. About one of every two hotel rooms is unoccupied. Malls are struggling to attract shoppers. And yet by most measures, the U.S. commercial real-estate market is in remarkably solid shape. …
Published by NBC News | May 22, 2021 In some neighborhoods, competition is so fierce that many homes are sold before they even hit the market. The number of existing home sales plunged in April, surprising economists who had expected last month’s drop to moderate. Real estate experts say this is an indication that shortages …
It’s a Red-Hot Real Estate Market — So Why Are Home Sales Plunging? Read More »
Published by Breitbart | May 18, 2021 Construction of new homes in the U.S. slowed by much more than expected in April as homebuilders held back on projects because prices of materials and labor have been rising rapidly. Private homes were started at a seasonally adjusted, annualized rate of 1.569, a 9.5 percent decline from …
Breitbart: Housing Starts Crash as Rising Costs Crimp Construction Read More »
Published by MSN Money | May 3, 2021 Biden’s plan would limit the capital gains break on a like-kind exchange to transactions under $500,000. President Joe Biden’s American Families Plan contains a provision sharply cutting back, but not eliminating, the 1031 exchange tax break that originated ironically enough exactly 100 years ago. A 1031 exchange — also recognized by the IRS …
Biden Plans to Cut 1031 Exchange Tax Breaks: What Investors Should Know Read More »
Published by Breitbart | May 21, 2021 Home prices across the U.S. are soaring as supply remains low and demand for housing has skyrocketed, squeezing first-time buyers. The median existing-home price for all housing types in April was $341,600, up 19.1 percent from April 2020 when the median price was $286,800, the National Association of Realtors said. …
Inflation Nation: Home Prices Rise at Record Breaking Pace to All-Time High Read More »
Published by Forbes Real Estate Council | May 13, 2021 If you are an investor interested in growing your multifamily portfolio, this second quarter of 2021 brings together three factors that create a perfect storm for leveraging your equity to buy additional properties. Equity is not static. At a simple level, the equity you have …
FORBES: A Perfect Storm To Leverage Equity For Acquisitions Read More »
Published by FOX Business | May 12, 2021 Cities such as Phoenix and Dallas were noted to be ‘secondary markets’ where high net worth home buyers were settling, a new report from Coldwell Banker suggests Wealthy Americans who left cities like New York, San Francisco and Chicago during the pandemic settled in new homes in cities like …
Published by REALTOR Magazine | May 14, 2021 Low mortgage rates have helped with housing affordability at a time when home prices have surged by double-digit percentages over the past year due to increasing buyer demand. The average for the 30-year fixed-rate mortgage remained below 3% this week, but economists warn that rates in the 2% range likely …
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