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U.S. Housing Is So Hot Even a Fed Governor Can’t Buy a Home
Source: BloombergThe U.S. housing market is so hot that even a Federal Reserve governor is having trouble buying a home. “Trust me, I know it is red hot because I am trying to buy a house here in Washington and the market is crazy,” Governor Christopher Waller said in...
Selling Your Investment Property? Here’s How to Defer Taxes With a 1031 Exchange
Source: The Wall Street Journal --- Thinking about swapping your ski chalet in Aspen for an oceanfront mansion on Miami Beach? If you’ve used your vacation home as an investment property, and collected rental income, you might be able to take advantage of a popular...
Mortgage Rates Keep Rising Faster Than Experts Expected. That Makes It Even More Important for Homebuyers to Shop Around
Source: Time --- Things got tougher for homebuyers this week as mortgage rates continued to rise more quickly than experts expected. The average 30-year fixed rate was 4.59% this week, a rise of 19 basis points from a week earlier. Rates were below 4% just three...
DFW Real Estate Expert Offers Tips For Homebuyers Going Up Against Investors
Source: News Yahoo --- Michael Coburn with RE/MAX offers some tips for homebuyers looking to beat investors.
Cash Offers, Sight-Unseen Buyers, And 12-Hour Sales: Real Estate Agents Share Wildest Stories From The Local Market
Source: The Ticker --- Just how crazy is the real estate market in Traverse City? The Ticker asked eight local real estate professionals to share their wildest stories from the pandemic-era boom, as well as their predictions for what the market might look like in...
Who’s Buying All the Houses? New Survey Reveals the Top Competition Right Now
Source: Realtor --- Just about everyone knows the housing market is blisteringly hot right now. One look on Realtor.com® will confirm there aren’t many homes for sale—and what is on the market has a supersized price attached to it. However, even in such a challenging...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
