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A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now

A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now

by Third Party | Oct 15, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Business Insider—  One of my biggest financial goals is to invest in real estate. I’ve always wanted to own a handful of properties, all around the country, that I rent out to tenants as a way of making passive income. While I’m years away...
10 Commercial Real Estate Market Trends and Predictions to Watch Out For in 2023

10 Commercial Real Estate Market Trends and Predictions to Watch Out For in 2023

by Third Party | Oct 15, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Commercial Observer —  The annual Allen Matkins View From the Top brings together the top real estate economists, owners, investors, developers and brokers in Western Region commercial real estate. Now in its 15th year, View From the Top remains a key...
New York City’s Housing Shortage Continues

New York City’s Housing Shortage Continues

by Third Party | Oct 15, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: Planetizen —  Writing for New York 1, Emily Ngo highlights the shortage of housing, particularly on the lower end of the market, that is squeezing New York City renters. “In an interconnected New York, market forces and policy, profit and politics all...
These 5 charts show the depth and seriousness of the U.S. housing downturn. Expect a ‘further weakening in demand.’

These 5 charts show the depth and seriousness of the U.S. housing downturn. Expect a ‘further weakening in demand.’

by Third Party | Oct 15, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: MorningStar —  Goldman Sachs economists say they expect rates will ‘remain persistently high’ The U.S. housing market has been pushed into a recession, helped by pandemic-era prices and mortgage rates now surpassing 7%. “The headwind...
US Housing Market Cooling Off from West to East

US Housing Market Cooling Off from West to East

by Third Party | Oct 14, 2022 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Source: Fitch Ratings —  Fitch Ratings-New York-10 October 2022: Fitch Ratings estimates that U.S. home prices were overvalued by 12.2% for 2Q22 on a population-weighted average basis, according to a new Fitch Ratings report. Fitch expects that the overvaluation...
The housing market is backfiring on home flippers

The housing market is backfiring on home flippers

by Third Party | Oct 14, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: KSL —  SALT LAKE CITY — The U.S. housing market has turned, and it’s starting to backfire on home flippers. Mortgage rates are now hovering around 7%, further straining housing affordability and pricing buyers out of the market. Meanwhile inflation...
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