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A lighthouse, a log cabin, and a schoolhouse: These quirky home listings cost less than the average home in the U.S.

A lighthouse, a log cabin, and a schoolhouse: These quirky home listings cost less than the average home in the U.S.

by Third Party | Aug 7, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Fortune —  While the housing market is contracting and mortgage rates are jumping, the average home in the U.S. still cost over $440,000 in the second quarter of 2022, according to the St. Louis Fed. That’s not cheap—and homes that have their own unique...
Lumber prices are plummeting again after hitting news lows for the year as US housing market continues to cool off

Lumber prices are plummeting again after hitting news lows for the year as US housing market continues to cool off

by Third Party | Aug 7, 2022 | Industry Updates, U.S. Housing Market

Source: Markets Insider —  Lumber plummeted Friday, extending losses that marked a new 2022 low just two days ago.   Read...
Evaluating Real Estate Investments – Equity Multiple vs. Internal Rate of Return

Evaluating Real Estate Investments – Equity Multiple vs. Internal Rate of Return

by Third Party | Aug 6, 2022 | Industry Updates, Real Estate Agent Tools

Source: JD Supra —  Each music note has two attributes – pitch and duration. Pitch and duration are independent of each other. Pitch is indicated by the vertical position of the note on the stave, the key signature, and “accidentals” placed next to the note....
Higher housing costs force more pet owners to surrender their dogs

Higher housing costs force more pet owners to surrender their dogs

by Third Party | Aug 6, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: CNBC —  Lisa Spillman can’t imagine life without her dog, an 8-year-old chihuahua mix named Rosebud. But she says her household expenses were getting tough to handle. “Everything – rent, groceries, dog food… it’s all going really high,” Spillman, 52,...
London’s luxury housing recovery set to stall for another year

London’s luxury housing recovery set to stall for another year

by Third Party | Aug 5, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: The Business Times —  LONDON’S long-promised luxury housing market rebound is stuck in wait-and-see mode. Real estate broker Savills slashed its 2022 forecast for price increases to 4 per cent from 8 per cent, revising a prediction it made as recently as...
How deadbeat landlords are fueling housing crisis by evading taxes

How deadbeat landlords are fueling housing crisis by evading taxes

by Third Party | Aug 5, 2022 | Industry Updates, News/Current Events

Source: New York Post —  Deadbeat landlords are fueling the national housing crisis by refusing to pay property taxes — instead allowing low- and middle-income homes to go into foreclosure, thus removing houses from the market and dimming supply, according to...
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