Real Estate News & Insights
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
CVS Pharmacy Completes Acquisition of Rite Aid Assets
CVS is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington. Continue Reading CVS Pharmacy Completes Acquisition of Rite Aid Assets
What home prices will look like in 2023, according to Zillow’s revised downward forecast
Source: Fortune --- There's no doubt about it: Soaring mortgage rates are an economic shock to the U.S. housing market. Over the past month alone, the average 30-year fixed mortgage rate has spiked from 3.11% to 5.11%. It's both pricing out some stretched homebuyers...
Relax and Recharge in Your Mental Hobby Shop
Most people have a place they go to or an activity they engage in that helps them move into peacefulness, serenity, and resolve. They can spend time happily away from exterior societal pressures. I refer to that state of being as their "Mental Hobby Shop," which will...
Canada open to more measures to curb housing speculation, minister says
Source: Reuters --- OTTAWA, April 21 (Reuters) - Canada's ruling Liberals are eyeing more measures to curb housing speculation after introducing a foreign buyer ban and heftier taxes on property flippers in their budget earlier this month, the housing minister said on...
Why This Housing Market Is Not a Bubble Ready To Pop
Source: Keeping Current Matters --- Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the...
Diesel price surge fuels construction inflation alert
Source: Construction Dive --- The news adds to overall inflation woes, as the Consumer Price Index jumped 8.5% in March, its highest spike since 1981. The AGC's construction alert was the seventh pricing alarm Simonson has sounded since March 2021. Before that, his...
Americans are fleeing climate change — here’s where they can go
Source: CNBC --- Millions of Americans are living in communities with precarious climate conditions, in houses that feel overpriced. There is a solution for many of these people, though: Move to one of the so-called climate havens. Climate havens or climate...
Have a Second Home? How To Decide If Listing It on Airbnb or Finding a Long-Term Renter Is Better for You
Source: Realtor --- If you’re someone with a second home looking to make extra cash, you might be facing a win-win situation. The vacation rental industry is quickly rebounding from the COVID-19 pandemic, while the long-term rental marketcontinues to see double-digit...
Liens and Encumbrances Affecting Real Property Ownership
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] What is a Lien? A lien is a legal right or claim against real property, referred to as a security interest. The lien is given or conveyed to a creditor (lender)...
Why a Real Estate Professional Is Key When Selling Your House
Source: Keeping Current Matters--- With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved...
Homeownership by Education: Degree-Holding Owners Surge as Those Without High School Drop 30%
Source: Housing Wire --- Although there are 4% fewer owned homes in the United States than there were in 2010, an increasing share belongs to highly educated people. And, with Millennials cementing their status as a driving force during the last decade, the life...
