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Real Estate Investor Sues Broker For $3.35 Million Invested in GHOST THE MUSICAL

Real Estate Investor Sues Broker For $3.35 Million Invested in GHOST THE MUSICAL

by Rick Grant | Feb 25, 2023 | Industry Updates, Real Estate News

A real estate investor is suing a Wells Fargo Advisors broker for $3.35 million, claiming he was encouraged to invest that money into a musical revival of the 1990 film “Ghost”, and now the money has vanished.   Marko Gnann said that broker Donovan...
US housing market sees $2.3T drop in value, biggest since 2008

US housing market sees $2.3T drop in value, biggest since 2008

by Third Party | Feb 25, 2023 | Real Estate News, U.S. Housing Market

Source: Fox Business —  The U.S. housing market suffered the biggest drop in value since 2008 as home prices came crashing down. That’s according to a new report from real estate brokerage firm Redfin, which showed that the total value of U.S. homes...
Repayment Terms: Home Equity Loan vs. Mortgage

Repayment Terms: Home Equity Loan vs. Mortgage

by Third Party | Feb 25, 2023 | Mortgage Information, Real Estate News

Source: Investopedia —  Buying a home is one of the most significant investments you can make. For most home buyers, that large of a purchase requires financing in the form of a mortgage. But once you have made your purchase, your mortgage payments start working...
The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble

The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble

by Third Party | Feb 25, 2023 | Industry Updates, Real Estate News

Source: Markets Insider —  The Federal Reserve’s own economists have just warned the US could suffer a recession this year. They’ve raised the alarm about stocks and real-estate prices  — which they say are aggressively valued and could plummet — and...
Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

by Third Party | Feb 25, 2023 | Real Estate News, U.S. Housing Market

Source: Realtor.com —  The housing market today remains in a hazy no man’s land, with neither buyer nor seller willing to surrender what little control they have. Buyers face the dual enemies of high home prices and mortgage rates, which have been bouncing...
How can a real estate agency become profitable quickly and effectively?

How can a real estate agency become profitable quickly and effectively?

by Third Party | Feb 24, 2023 | Real Estate Agent Tools, Real Estate News

Source: Estate Agent Today —  Let’s imagine that you are launching a real estate business. It appears like a brilliant notion to run a firm without using pricey tangible assets or special developments. But nothing is as easy as it seems. Entrepreneurs are...
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