Published by REALTOR Magazine | November 23, 2021 Investors purchased a record $64 billion of homes in the third quarter. Taking notice of the increased appetite for U.S. real estate, investors are building up their portfolios of properties looking to cash in on the higher housing and rental prices. Investors purchased a record $64 billion …
Published by FOX Business | November 16, 2021 Jerry Howard, NAHB CEO, says the disruptions are creating never before seen ‘unusual circumstances’ for new homes National Association of Home Builders CEO Jerry Howard noted on Tuesday that supply chain disruptions are creating unprecedented issues, telling “Varney & Co.” they are causing “unusual circumstances” as it pertains to new …
Supply Chain Crisis Creating Unprecedented Housing Issues Read More »
Published by Breitbart | November 13, 2021 If the Senate were to confirm Omarova, she would have the “most powerful, least accountable” position over America’s banking system. Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank …
Biden’s Banking Nominee Calls to Eliminate All ‘Private Bank Accounts’ Read More »
Published by CNBC | November 4, 2021 An updated version of Democrats’ “Build Back Better” plan has new rules on retirement plans for the wealthy. House Democrats proposed several rules to curb retirement accounts of the rich, part of a broad restructuring of the tax code tied to the party’s Build Back Better social and …
Democrats put 401(k) and IRA Restrictions Back Into Their “Build Back Better” Plan Read More »
Published by CNBC | November 1, 2021 As the period of discounted rents in cities comes to an end, many tenants are bracing for steep increases that could force them to leave their homes. Like many other renters during the pandemic, Trish DaCasta nabbed an apartment that she normally couldn’t afford. The upgrade was a …
Published by MarketWatch | November 2, 2021 “We’ve determined the unpredictability in forecasting home prices far exceeds what we anticipated and continuing to scale Zillow Offers would result in too much earnings and balance-sheet volatility,” CEO tells investors. Zillow Group, Inc. is calling it quits on the home-flipping business, while disclosing losses of more than …
Zillow to Stop Flipping Homes Due to Massive Losses Read More »
Published by Visual Capitalist | October 20, 2021 The average American needs their retirement savings to last them 14 to 17 years. With this in mind, is $1 million in savings enough for the average retiree? Ultimately, it depends on where you live, since the average cost of living varies across the country. How Long $1 Million …
Published by REALTOR Magazine | October 19, 2021 The physical presence of an appraiser is no longer necessary to determine a home’s value. The Federal Housing Finance Agency will accept appraisals conducted remotely—without the physical presence of an appraiser—starting in early 2022 for qualifying Fannie Mae– or Freddie Mac–backed mortgages. The government-sponsored enterprises will use …
FHFA: Desktop Appraisals to Become a Permanent Option Read More »
Published by Forbes.com | October 5, 2021 No one can predict the future, but there are clear trajectories for certain asset classes that are undeniable. The opportunity clock is ticking. As a critical deadline in the qualified opportunity zone program approaches on December 31, 2021, investors are finding the potential tax benefits of the program …
FORBES: As Opportunity Zone Window Closes, The Case For Investment Is Stronger Than Ever Read More »
Published by Sovereign Wealth Fund Institute | September 29, 2021 Capital gains tax is a tax on the profit that investors realize on the sale of their assets. On September 28, 2021, Federal Reserve Chairman Jerome Powell and U.S. Treasury Secretary Janet Yellen testified on the coronavirus and CARES Act before the U.S. Senate Banking, …
U.S. Treasury Secretary Janet Yellen Supports Taxing Unrealized Capital Gains Read More »
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