Five Memphis real estate numbers to know for August 2022, according to data from the Memphis Area Association of Realtors.
Boise, Las Vegas, and Phoenix look like housing busts—this interactive map shows the shift in your local housing market
Straight from the Pandemic Housing Boom to the Pandemic Housing Bust? It's looking like it in some regional housing markets.
- Robb Report
This Historic English Estate With Ties to the Royal Family Just Listed for the First Time in 700 Years
Adlington Hall has long been the ancestral home of the Legh family.
'The Fed Trying To Control Inflation Actually Created More Damage': Grant Cardone Says The Fed Ended Most People's Chance Of Owning A Home
Grant Cardone — billionaire, TikTok star, motivational speaker and author of The 10X Rule — shared some thoughts exclusive to Benzinga. Cardone is well known for his belief in real estate to accumulate wealth. If you’re at all familiar with Cardone, you’ve heard him extol the possibilities that real estate provides and why it’s actually advantageous to not live where you own. He’s made a fortune with Cardone Capital, which pays investors monthly. Cardone Capital is not a real estate investment t
- Yahoo Finance
Buyers, too, have pulled back.
- Robb Report
Home of the Week: A Rustic 75-Acre Hudson Valley Estate With Its Own Sound-Proof Indoor Shooting Range
This $12 million home was assembled in Colorado and then shipped and rebuilt on the East Coast.
Most economists see the U.S. turning into a buyer’s housing market in 2023. Here’s where you’ll see the biggest declines in value.
Are you a house hunter frustrated by the red-hot housing market? A new report by Zillow may give you hope.
Homebuyer’s remorse: Thousands of Americans are backing out of buying a home — here’s what you need to know before you cancel a purchase
As the housing market cools, more buyers are “taking their time and exploring their options”.
Lumber prices in the US are now approaching pre-pandemic levels.
- Business Insider
A US housing recession has arrived and it could lead to a 20% decline in home prices and Fed interest rate cuts by 2023, chief economist says
Falling home prices will help lower inflation and could ultimately lead to interest rate cuts by the Fed in the second half of 2023, according to ING.
The housing market and all of the uncertainty plaguing it is undoubtedly on the minds of prospective buyers, sellers and investors. As the Federal Reserve continues to try to curb inflation through the increase in rates, its been indirectly driving up the cost of the home loan that 90% of buyers obtain — the 30-year fixed-rate mortgage. The average 30-year fixed rate mortgage in the U.S. climbed to 6.82% as of Sept. 29 — more than double what it was on Sept. 30, 2021, when the average rate was a
Real estate can be a great way to generate both long-term equity and short-term rental income. If you're willing to extend your reach a bit on the risk/reward spectrum, buying a property in an...
- Motley Fool
Prices may be falling after a long run, but American Homes 4 Rent shouldn't see rent decreases in the near term.
- Business Insider
Legendary short-seller Jim Chanos says investors are overlooking a major risk - China's real-estate crisis: 'We ignore it at our own peril'
Investors focused on war in Ukraine and interest rate hikes are missing a big story — the risks in China's real-estate crisis, Jim Chanos told CNBC.
- The Conversation
Trump properties aren't the only ones to see wild valuations – putting a price on real estate isn't straightforward
40 Wall Street is one of the Trump Organization properties included in the lawsuit. Roy Rochlin/Getty ImagesOn the lower tip of Manhattan there is a prime piece of real estate, the price of which is somewhat up for debate. To the owners, the Trump Organization, 40 Wall Street is worth an eye-watering US$735 million, or at least it was in 2015. Others disagree, pointing to an appraisal that year by a real estate firm that priced it at $540 million. But even that was inflated, according to the New
- Miami Herald
The real estate agent was formerly a “very well respected” broker at his family’s business near Boston, his attorney said.
With Rising Interest Rates, Here Is How Billionaires Like Bezos Are Still Investing In Real Estate, And You Can Too
Real estate investors saw a surge of opportunity between 2020 and 2021 with record low interest rates, allowing for more aggressive buying opportunities and a competitive market. With the Fed and Jerome Powell taking interest rates to an unfavorable level and home prices still largely elevated, real estate investing just became much harder. Current mortgage rates are above 7% making the traditional approach to single-family home investing feel out of reach. A $400,000 home with a 2.5% interest r
Housing still has ‘a lot of wiggle room’ in a recession, even with mortgage rates near a 20-year high, according to this investor
The strong labor market and huge equity cushion for property owners will help insulate the housing market in a recession, says Al Otero, portfolio manager for HAUS, Armada ETF Advisors.
Inventory is up, prices are down but buyers are backing out of the Seattle housing market.
The consequences of the high home mortgage rates were supposed to mean a shift from a sellers’ to a buyers’ market. It was just this spring that sellers could expect multiple offers in hot markets. Now, real estate agents have to tell what few sellers are out there to expect their homes to sit for a while. According to residential real estate brokerage Redfin Corp. (NASDAQ: RDFN), mortgage rates are now the highest they’ve been in 14 years and, in many cases, over 6%. "This is the sharpest turn
- San Luis Obispo Tribune
The national average rent for a one- or two-bedroom apartment dropped about $50 per month, according to Rent.com.