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Fundhomes appoints Ryan Feit as Strategic Advisor
Fundhomes announced that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that are operated on their...
Realogics Sotheby’s International Realty Releases 2023 Forecast Report
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what's occurred so far in Q1 for 2023 and are focused on where...
Real Estate Investor Sues Broker For $3.35 Million Invested in GHOST THE MUSICAL
A real estate investor is suing a Wells Fargo Advisors broker for $3.35 million, claiming he was encouraged to invest that money into a musical revival of the 1990 film "Ghost", and now the money has vanished. Marko Gnann said that broker Donovan Mannato gave...
Credit Suisse Suspends Real-Estate Fund Payouts as Investors Exit
Credit Suisse suspended payouts for its $3.5 billion real estate fund as investors sought to pull out their money and cap losses in the dwindling property market. The valuation of real estate properties has declined in recent months after a series of jumbo interest...
Will US Housing Crash The Economy?
Source: Bloomberg --- Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Could US Housing Crash The Economy? I’ve realised that one of the phrases I use most...
US housing market sees $2.3T drop in value, biggest since 2008
Source: Fox Business --- The U.S. housing market suffered the biggest drop in value since 2008 as home prices came crashing down. That's according to a new report from real estate brokerage firm Redfin, which showed that the total value of U.S. homes tumbled from a...
