Source: Surviving Tomorrow — I got my first and hopefully last bank mortgage when I was nineteen years old. Despite not having a full-time job, me and a teenage buddy pre-qualified to borrow up to $250,000. We bought a fourplex, renovated it, and flipped it for...
Source: Slate — This article is from Full Stack Economics, a newsletter about the economy, technology, and public policy. In March 2021, a woman in the D.C. area put her house on the market and got 88 bids—including 76 all-cash offers and 15 from people who...
Source: CoStar — Kathleen McCarthy took to the stage at the opening of the Urban Land Institute’s annual fall meeting Tuesday to outline her property preferences as co-head of Blackstone Real Estate. But she spent a portion of her talk focusing on an...
Source: U.S. News — Vacation rentals have surged in popularity in recent years. In fact, 2021 was the best year in Airbnb’s history. Bookings were up almost 50% compared with 2019, and new hosts alone earned nearly $2 billion across the past year. If you’re a...
Source: PR Newswire — MADISON, N.J., Oct. 24, 2022 /PRNewswire/ — A recent report indicates that real estate remains in a strong position for the remainder of 2022 and heading into 2023 as more affluent consumers are turning to real estate to diversify...
Source: NJ.com — The housing market is cooling. Interest rates have risen 4 percentage points since August 2021 when they were 2.7%. Inflation is at about 8.3%, making everything from groceries to gasoline more expensive. And home prices have risen 28% in the...
