Low mortgage rates and limited inventory have generally made things super competitive for first-time home buyers across the United States, but your search will vary based on where you live. Home prices can vary a lot from one metro area to another and across metro. But to really understand what buyers on the ground are
Month: May 2022
The median selling price for homes in Greensboro in March was $269,000, according to Realtor.com. That’s about a 23% jump from last year. The latest report from the U.S. Department of Commerce showed new home sales slowing down after surging for most of the past two years. It is estimated that 763,000 single-family homes were
Former U.S. President Donald Trump speaks at a rally at The Farm at 95 on April 9, 2022 in Selma, North Carolina. Allison Joyce | Getty Images Former President Donald Trump on Tuesday lost an effort at an appeals court to stay a contempt order from a New York judge, and as a result still
This stool pigeon has landed in one crappy situation. Building management at the Rio — a condo building at 304 East 65th St. where units sell for millions — is accusing an elderly resident of using the luxury address’ pool as a toilet, attorneys for the building alleged in court documents submitted Wednesday. After 83-year-old
Lumber at the site of a house under construction in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law
The Federal Reserve raised its target federal funds rate by a half point at the end of its two-day meeting Wednesday, notching the largest increase in the benchmark in more than 20 years. “The Federal Reserve is behind the curve,” said Greg McBride, chief financial analyst at Bankrate.com. “They have to raise interest rates a lot
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#Immigrants #BuyAHouse #ImmigrantsInUSA There are a few feelings better than buying a house. Getting your own home represents security, stability, and gives hope for a better future. And if you are an immigrant in the U.S. this can be a huge step, but also a confusing one. That’s why in this video I’m going to
One hot housing market issue I have been noticing is just how many people are baffled by the fact that foreclosures are going up in the United States, even though the last couple of years, the housing market has seen record gains in equity. In this video, I am going go over several real life
It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying a house. Just 30% of adults surveyed by Gallup said now is a good time to buy a home, down 23 percentage points from a year ago. That is the
This home doubles as a livable museum. The historic Daniel Lummus house in Ipswich, Mass. has hit the market. The rare First Period property — defined as a timber-framed home built by 17th-century settlers using old-world building techniques — offers a prime opportunity for antique enthusiasts to own a bit of history for an asking
Tim Kitchen | The Image Bank | Getty Images It’s becoming harder to afford a home. Prices are up almost 20% year over year, and mortgage rates are soaring. The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the start of the year. At the
Real estate listings Adam Jeffery | CNBC A brief calm in the midst of a rising interest rate storm boosted weekly mortgage demand ever so slightly last week, but it is unlikely to be the start of a new trend. Rates have already moved sharply higher this week. Total mortgage application volume rose 2.5% for
President Biden asked Congress for another $33 billion dollars for Ukraine. Congress is considering evoking the Defense Production Act allows arms makers to jump the line of supply chains to take what they need to make weapons. President Biden will fly to Lockheed Martin’s headquarters to ask them to make more weapons faster. Do you
Land investing expert David Van explains how you can remain successful as a real estate investor in a high inflation market in this week’s episode of the Forever Cash Podcast. LEARN MORE HERE! How To Survive as a Real Estate Investor in a High Inflation Market You might have noticed that your cost of living
How To Buy Real Estate With No Money In The US ****DISCLAIMER: You should always obtain independent legal, taxation, and financial advice from a licensed professional before investing any of your own money with any and all investing. Time Map 00:00 in the video 00:14 how to buy real estate with mo money in the
2022 and 2023 Housing price forecast for the US real estate market. We go over the different predictions for home prices for 2022 and 2023. The price estimate were based on data from Zillow, Fannie Mae, Freddie Mac, and Bank of America. There were no banks that predicted home values declining in 2022 or 2023.
In this article RDFN Some of the hottest pandemic-migration destinations also happen to be home to the hottest regional inflation rates. The relationship between migration and inflation has strengthened significantly as more people relocate from expensive coastal cities to more affordable metro areas, according to an analysis released by Redfin on Tuesday. “We saw an
A row house built for a family who survived the Titanic disaster has hit the market for $13.3 million. Located in the upscale Lincoln Park neighborhood of Chicago, the home was initially built between 1915 and 1917 as part of four Georgian-style residences, according to Chicago’s Historic Preservation Society. The row homes were some of
If you’re not back to the office already, you may be soon. After a five-month lull, likely due to the extremely contagious omicron variant of the coronavirus, new demand for office space jumped in March. Barring another major setback in the pandemic, it will likely continue to rise, but offices themselves will undergo a makeover
The Good Brigade | Digitalvision | Getty Images Inflation, rising interest rates and market volatility have many Americans on edge. Consumer prices were up 8.5% in March from a year ago, costing U.S. households an extra $327 per month, according to a Moody’s estimate. To combat rising inflation, the Federal Reserve has begun increasing interest
In Pfizer’s documents to the SEC, there are troubling revelations. The company says that profitability this year could be impacted by the Covid vaccine’s safety, efficacy and the medical community. What does this mean? We break it all down. #pfizer 🚨 We’re being censored, and it’s more important than ever to have a home away
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The US Government RIGGED the 2022 Housing Market by creating an Artificial Shortage of Homes over the last 2 Years. Housing Inventory is at all-time lows while Home Prices are at all-time highs. Both home buyers and real estate investors are priced out of the Market and fear a Housing Crash. This problem was exacerbated
The US economy contracted 1.4% in the first quarter of 2022 as consumers cut back on essential spending and purchased RV’s instead. Because real GDP decreased, there are talks about a potential looming US recession. Meanwhile homebuyers are getting hit with a triple whammy: record high home prices, spiking mortgage rates and decades high inflation.
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable than they have been historically,
Voulez-vous coucher avec moi ce soir in this sultry Paris landmark that will soon open to the public for guest stays? For just $1 per night, you can stay inside the famed Moulin Rouge windmill — which will be available to rent for the first time in history. Located on the edge of the tourist-favorite Montmartre
In this article MS Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking