Source: Redfin — Though mortgage-rate locks for second homes were up nearly 50% year over year in May, the growth rate is returning to pre-pandemic levels as high prices and tighter lending rules make vacation-home buyers think twice. The number of buyers who...
Source: Forbes — If you’re new to investing in real estate, don’t get seduced by a sexy-looking building or great projected returns. To ensure a higher rate of success, understand the basic elements of the offering and then decide if it’s right for your...
Source: Forbes — In the volatility of today’s economic climate, many investors are looking for stable and consistent returns with low exposure to risk. Preferred equity is a special financing structure that provides investors the opportunity to achieve...
Source: Keeping Current Matters — For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That...
Source: Scotsman Guide — Here’s a line slung around a lot in the past year: “These are unprecedented times.” But it’s absolutely true in the sense that the mortgage industry is facing the biggest housing inventory shortage in decades. In the past, there have...
Hits and Misses for the Real Estate Week of May 4-8
