Source: US News — Given the enormous popularity of the greater Austin, Texas, area for online searches, newcomers and employment growth, it may act as a reasonable bellwether for the state of the U.S. housing market. This will certainly be tested in the spring...
Source: S&P Global Market Intelligence — Home prices edged slightly lower in the U.S. in December 2022, marking the sixth consecutive month of falling housing prices as the challenging macroeconomic environment reduced buyer appetite. The S&P CoreLogic...
In the president’s budget plan for 2024, Biden is calling for an end to what the IRS calls a like-kind exchange, or a 1031 exchange, as it is commonly known among real estate professionals. The strategy allows sellers to postpone paying taxes on any capital...
Source: Insider — Experts are struggling to explain the US economy’s stubbornly high inflation and resilient job gains during a period of surging interest rates. Liz Ann Sonders may have the answer. Charles Schwab’s chief investment strategist...
Source: CNN Business — Washington, DCCNN — The United States is not building enough homes to account for the number of people setting up their own households. As a result, there is a sizable shortage of new homes after more than a decade of under-building...
Source: The Motley Fool — Don’t fall for the company’s low share price. Industrial Logistics Properties Trust (ILPT -4.38%) has gotten mauled over the past year. Shares of the industrial real estate investment trust (REIT) have plummeted a...
