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Square Mile Capital Announces New Corporate Brand with USAA Real Estate, called Affinius Capital
USAA Real Estate, having acquired the balance of Square Mile Capital in 2021, will consummate a decade of partnership between the two companies with today's announcement of the final integration of the two investment management platforms under a new corporate brand...
Homebuyers’ Monthly Payments Hit All-Time High as Mortgage Rates Rise, according to Redfin Report
The typical homebuyer’s monthly payment hit a new all-time high of $2,563 this week, up 29% from $1,988 a year ago, according to a new report from Redfin, the technology-based real estate brokerage. That’s dampening demand and preventing many would-be sellers from...
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...
Texas Housing Market Recovering from Pandemic and Moving to Stabilization
Following two years of pandemic-related volatility, the Texas real estate market showed signs of stabilization in 2022, according to the 2022 Texas Real Estate Year in Review report released today by Texas Realtors. Consistent growth in sales prices throughout all...
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...
