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What the Fed’s December rate hike means for homebuyers and sellers

What the Fed’s December rate hike means for homebuyers and sellers

by Third Party | Dec 26, 2022 | Real Estate News, U.S. Housing Market

Source: Fortune —  The Federal Reserve has raised interest rates for the seventh consecutive time this year. This time, though, the hike is smaller: Fed Chairman Jerome Powell announced a half-point increase in the federal funds rate Dec. 14, which is down from...
New To Real Estate Investing? Understanding Multifamily Investments (Part 2)

New To Real Estate Investing? Understanding Multifamily Investments (Part 2)

by Third Party | Dec 26, 2022 | Real Estate Agent Tools, Real Estate News

Source: Forbes —  Many new investors in the real estate space are unaware of the myriad opportunities in multifamily, often because they are intimidated by the scale of the investment or they are unaware of avenues they can take. As I mentioned in part one,...
2022 – What just happened?

2022 – What just happened?

by Third Party | Dec 26, 2022 | Real Estate News, U.S. Housing Market

Source: MPA Mag —  How would you sum up the year in a paragraph, or even in one sentence? And what’s your outlook for 2023? How will high rates impact your business? These are just a few of the questions Mortgage Professional America (MPA) posed to mortgage...
Trump’s Billionaire Neighbor Warned The Economy Was In An ‘Omnibubble,’ He Was Right

Trump’s Billionaire Neighbor Warned The Economy Was In An ‘Omnibubble,’ He Was Right

by Third Party | Dec 26, 2022 | Real Estate News, U.S. Housing Market

Source: Yahoo! Life —  According to Jeff Greene, who turned a $50 million investment into $500 million in 2008 by purchasing credit default swaps on bonds backed by subprime mortgages as the housing bubble burst, the economy is currently experiencing a new asset...
TWO NEW REAL ESTATE PROGRAMS TO SUPPORT CONSTRUCTION AND FILM INFRASTRUCTURE

TWO NEW REAL ESTATE PROGRAMS TO SUPPORT CONSTRUCTION AND FILM INFRASTRUCTURE

by Third Party | Dec 25, 2022 | News/Current Events, Real Estate News

Source: NJ EDA —  TRENTON, N.J. (December 22, 2022) – The New Jersey Economic Development Authority (NJEDA) Board on Wednesday approved the creation of two new real estate pilot programs – the Film & Digital Media Studio Infrastructure Program and the...
Wells Fargo Fined $3.7 Billion for Mismanaging Auto Loans, Mortgages, Checking, and Savings Accounts

Wells Fargo Fined $3.7 Billion for Mismanaging Auto Loans, Mortgages, Checking, and Savings Accounts

by Third Party | Dec 25, 2022 | News/Current Events, Real Estate News

Source: The Ascent —  Many consumers have struggled to keep up with their auto and mortgage loan payments this year due to surging inflation. And many have depleted their savings balances due to the higher living costs they’ve been forced to grapple with...
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