Real Estate News & Insights
Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
These combined costs were up 4.7% from one year ago. Continue Reading Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
US housing prices decline for 6th straight month
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...
The 1031 Exchange Tax Deduction That Home Sellers and Real Estate Investors Have Been Using for Decades is at Risk of Being Sunset
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 gains — or...
The US housing market is in recession – and the pandemic has created a unique economic headache, elite strategist Liz Ann Sonders says
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 has suggested the...
The US housing market is short 6.5 million homes
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 relative...
1 Real Estate Stock to Avoid Like the Plague (and 2 to Buy Instead)
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 staggering 83%. They could...
How To Set Up LLCs For Real Estate Investing
Source: Forbes --- A few blog posts ago, I explained, in shorthand, a formula I use for setting up LLCs in real estate investing. It’s not a universal formula, but it’s a very robust structure that can help most real estate investors create anonymity for their...
FOX 13 Investigates: Utah says a real estate professional borrowed against a home he didn’t own
Source: Fox 13 News --- MORGAN, Utah — Shelly and Reed McDermott have spent 20 years in their home here, raising their family along the way. “We planned to use this as the retirement home to sell and go into retirement,” Shelly McDermott said. In late November, they...
International Women’s Day: Five benefits of investing in real estate
Source: CNBC TV18 --- Real estate has been a male-dominated industry, but more and more women are subscribing to the benefits of investing in property. The collective interests of women home buyers now influence the supply developers put on the market. A house as an...
Is This Spring the Make-or-Break Moment for 2023’s Housing Market? A Brutally Honest Look Ahead for Buyers and Sellers
Source: Realtor.com --- It’s that time of year again. Homebuyers begin poring over listings with Instagrammable kitchens and shoring up their finances. Sellers slap on fresh coats of paint and make all of the repairs they had been meaning to do since they moved into...
Housing Risk Report Highlights Areas Most Vulnerable to Declines in the United States
ATTOM, a curator of land, property, and real estate data, released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines based on home affordability, foreclosures, and other...
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