Fresh statistics from the Census Bureau reveal the significant transformation in housing inventory since 2020. Meanwhile, information gathered by Altos Research provides valuable predictions on the future direction of housing inventory.
In the previous week, there was a noticeable surge in mortgage applications, with more homebuyers and those seeking to refinance making a return to the market. This was largely driven by the advantage of reduced interest rates.
The topic of accepting Section 8 tenants is frequently discussed. Reflecting on my sentiments from about a year ago, I was strongly against the idea of renting to them. However, my current perspective refrains from mentioning any specific resources like real estate platforms.
The financier has currently invested upwards of $2.5 billion in residential properties designed specifically for renting.
The local luxury branch of Christie’s, Walt Danley, was willingly excused from the Masiello commission legal case on Monday.
Accusations have been made against 70 workers of the NYCHA, in what has been touted as the “most expansive issuance of federal bribery charges within a single day in the annals of the Department of Justice.”
The expired brokerage firm, REX, is appealing to the Ninth Circuit to revisit a previous court’s decision regarding its demand for a new trial in its litigation against Zillow.
The implementation of a statute in Florida, forbidding Chinese nationals from acquiring real estate, has been temporarily stopped by a U.S. appeals court.
In the scope of a year, the United States saw a modest rise of roughly 1% in its overall growth. However, a range of other markets experienced tremendous profits as well as sizeable downturns. We conducted a thorough assessment of the 100 most populous metropolitan areas in the country, from the bustling city of New York to the southern charm of Jackson, Mississippi. This evaluation focused on how their residential property values evolved between the years 2022 and 2023.
Many investors are grappling with the question of whether the current climate of elevated property prices and rising interest rates is optimal for property purchases. The decision is contingent on several factors, including the specifics of the market and more importantly, the deal in question. By adopting a long-haul perspective, one can effectively manage by “creating a lasting relationship with the property and a fleeting one with the rate.” Here is a guide to evaluating the appropriateness of the current timing for property investment.
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