Thanks to higher interest rates, turmoil at regional banks, and slowing rent growth, sales of apartment buildings are falling at their fastest rate since the subprime-mortgage crisis, the Wall Street Journal reports.
Newsfeed: Multi-Tenant Apartment Building Sales Drop 74%, The Most Since 2008 Read More »
In the face of a declining mortgage market and heightened regulatory scrutiny, Wells Fargo, the country’s largest depository mortgage lender by volume, is planning for a smaller footprint in correspondent lending and third-party servicing business.
Newsfeed: Wells Fargo to shutter correspondent lending? Read More »
Nearly half of U.S. mortgage payers own at least 50 percent equity, according to ATTOM’s Q2 2022 Home Equity & Underwater Report. This means that the balance of loans taken out against the home is less than half the estimated market value of the property.
Newsfeed: Here’s Where Most Homeowners Are Considered Equity-Rich Read More »
In the week ending May 12, mortgage rates rose for the ninth time in ten weeks. 30-year fixed rates rose by three basis points to 5.30%. 30-year fixed rates jumped by 17 basis points in the week prior.
Newsfeed: US Mortgage Rates Rise for the Ninth Time in Ten Weeks Read More »
US mortgage rates jumped again this week, extending a steep climb that is shutting some would-be homebuyers out of the market.
Newsfeed: Mortgage Rates in US Rise to 5.3%, Highest Since July 2009 Read More »
When we were reading through real estate data this month, three stats caught our eye. The first: That the number of active foreclosures …
Taxes, politics, and real estate investing might not be as salacious as sex, lies and videotape … but it’s arguably just as intriguing. By now we’re sure you’ve heard all the “outrage” about allegations the United States’ Real Estate Investor-in-Chief paid nearly no federal income tax. This shocks no one who understands real estate or the tax code, but
Taxes, politics, and real estate investing … Read More »
Most investors don’t really know what it means … or what to do about it … Real estate investors are more likely to be interested in grading slopes than yield curves. And the Fed’s balance sheet? That’s REALLY esoteric and boring. BUT … the Fed is the most powerful and influential financial force in the world …
This ONE chart tells a BIG story … Read More »
That’s right. It’s another episode of our favorite topics from our favorites guests … YOU! It’s time for another segment of Ask The Guys … and we’re ready to tackle the tough questions. We’re touching on 401ks, purging portfolios of problem properties, and how to prepare for what many believe is an inevitable bust. And
Ask The Guys – 401ks, Losing Properties, and Preparing for a Bust Read More »
The mother of all private equity firms just issued a warning … Blackstone Group Warns of the Mother of All Bubbles Investopedia via Yahoo Finance – 11/11/19 According to the article, Blackstone’s “… biggest concern is negative yields on sovereign debt worth $13 trillion …”. Remember, the 2008 financial crisis was detonated in bond markets … and the bomb
It might be time to start worrying … Read More »