Real Estate News & Insights
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform
Source: TechCrunch --- The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings migrated...
9 Most Common Benefits of Homeownership
When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial strength, and tax deductions, to name a few. Also, owning a house means you have a permanent home and, most importantly, a sense of belonging in your...
Should You Use a Buyer’s Agent?
Source: US News --- Buying a house can be one of the most difficult and complicated purchases you make in your lifetime. Not only is the amount of money you’re dealing with substantial, the many, many legal ins and outs of real estate transactions can be confusing...
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.
Source: Crossroads Today --- 2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real estate didn’t fare much better. The median home price reached its highest point in...
4 Housing Truths Buyers and Sellers Are Struggling to Face
Source: The Ascent --- It's been a wild couple of years for the housing market. For starters, home values have climbed since the buying boom that started not long after the COVID-19 pandemic hit the U.S. in spring 2020. According to data from the Federal Reserve Bank...
Who gets higher real-estate prices, owners or agents?
Source: Washington Post --- It’s time to take a few steps back, build up a head of steam and dive headfirst into our favorite descriptive data sets and reader questions. Here’s the latest Data Dive! Owners vs. agents: Who sells it best? Do for-sale-by-owner sellers...
US home buyers in high-cost areas could soon get $1m mortgages with just a 3 percent deposit after caps for federally-backed loans raised – most Americans in less expensive areas eligible for up to $726,000
Source: Daily Mail --- More Americans will be able to obtain a $1 million mortgage than ever before, thanks to action recently taken by government agencies. The Federal Housing Finance Agency announced this week that the cap for home loans backed by Fannie Mae and...
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
‘Flatlined’ — or not? 5 economists and real estate pros on what will happen to the housing market next
Source: Market Watch --- The housing market is in flux. Home prices nationwide increased year-over-year by 11.4% in September 2022, according to CoreLogic. But on a month-over-month basis, home prices actually declined, dropping 0.5% from August to September of this...
Is Real Estate a Better Investment Than the Stock Market?
Source: A Wealth of Common Sense --- A reader asks: We own a cash-flowing rental property with a sub-3% mortgage with 28 years remaining. On the Aug 18th episode of Portfolio Rescue, Barry said “Real estate more or less returns zero net of inflation.” However, does...
