Newsfeed: Robot Landlords Are Buying Up Houses
Companies with deep resources are outsourcing management to apps and algorithms, putting home ownership further out of reach.
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Podcast: Getting Started Early in Real Estate and Investing
As the years pass by, equity happens … And oftentimes, lessons are best learned first-hand. So as a real estate investor, time and experience are two very powerful advantages to have on your side.
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Newsfeed: New Home Sales Unexpectedly Jump In October, Prices Surged To Record Highs
After existing home sales tumbled, new home sales were expected to follow suit amid soaring borrowing costs and ever-higher prices (despite building inventories and incentives by homebuilders). They didn’t…
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Newsfeed: Housing: Median mortgage payment reaches record high in October
Homebuyer affordability worsened in October as higher mortgage rates pushed the monthly payment to record highs.
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Newsfeed: Investor Home-Buying Falls at Record Rate
In the most recent quarter, investor home-buying saw the largest drop since the 2008 financial crisis—30-percent year-over-year, according to Redfin.
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Newsfeed: Why Is The U.S. Losing Oil Refining Capacity?
After existing home sales tumbled, new home sales were expected to follow suit amid soaring borrowing costs and ever-higher prices (despite building inventories and incentives by homebuilders). They didn’t…
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Newsfeed: ‘Not the time to get greedy’: Home flippers getting burned by the US housing downturn are now slashing prices to cut losses — here are the 2 big reasons why
Home flippers who pounced on recent drops in home prices now face some major hurdles — and potentially major losses.
Newsfeed: Home sales fell for the ninth straight month in October, as higher mortgage rates scared off potential buyers
Home sales declined for the ninth straight month in October, as higher interest rates and surging inflation kept buyers on the sidelines. Sales of previously owned homes dropped 5.9% from September to October, according to the National Association of Realtors. That is the slowest pace since December 2011, with the exception of a very brief drop at the beginning of the Covid-19 pandemic.
Newsfeed: The Housing Boom Is Already Over. The Housing Shortage Will Continue.
As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder confidence dropped for the tenth straight month in October. The decline in builder sentiment reflects what economist Ian Shepherdson describes as “housing … in free fall.
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Newsfeed: Are Rent Controls Coming?
As mentioned in a previous post, when I have looked at previous right to left, and left to right political swings, they seem to happen globally, and they seem to happen roughly at the same time. A global shift left happened in the 1930s, and kept shifting until 1970s, when it began to shift back to the right. We are now well into a shift back to the left, that began in 2016. As also highlighted, modern democracies are filled with checks and balances to slow political shifts, but they still happen.
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