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Economy, Real Estate

“Skyrocketing rents and home prices may be pivotal in the 2024 election”

May 30, 2024

“…Housing is largely a local issue, yet it’s presenting a challenging and complex problem in Nevada and other battleground states with implications for this year’s race between President Biden and former president Donald Trump. Biden has proposed specific policies and… Continue Reading…

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Real Estate, Stocks

“1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever”

May 13, 2024

“…Despite Agree Realty’s success, shares of the REIT have slumped about 25% from their peak level in 2022. That sell-off and a steadily rising payout have pushed its dividend yield up to 5.1%, which is significantly higher than the S&P 500 (1.4% dividend yield). With more… Continue Reading…

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Real Estate

“3 Extremely Discounted REITs to Buy With 20% Upside” Added Commentary

May 13, 2024

https://finance.yahoo.com/news/3-extremely-discounted-reits-buy-130600443.html I’m not going to bother quoting the article. There’s no way I would touch real estate right now. It’s about to crash. I’m not trying to scare anyone but its just common sense. Everyone has been screaming from the… Continue Reading…

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Real Estate

“Fewer low-income Americans took out mortgages in 2023, study says”

May 6, 2024

“Fewer low-income Americans took out mortgage loans last year than 2020, real estate broker Redfin said in a report on Monday, as steep interest rates make homebuying less affordable. As aggressive rate hikes by the U.S. Federal Reserve have pushed… Continue Reading…

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Real Estate

“[Florida] Property prices boomed here during Covid – they are now being slashed as soaring numbers of homes sit unsold”

April 30, 2024

“Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to Florida during the Covid-19 pandemic, pushing up home values in the state. But as prices stagnate and supply soars in some areas, it seems that Florida’s housing bubble… Continue Reading…

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Real Estate

“Luxury real estate prices just hit an all-time record”

April 29, 2024

“…Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin…” https://www.cnbc.com/2024/04/22/luxury-real-estate-prices-hit-an-all-time-record.html Real estate is going to collapse.… Continue Reading…

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Real Estate

“Luxury real estate prices just hit an all-time record”

April 25, 2024

“…Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin. Real estate experts and brokers chalk up… Continue Reading…

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Economy, Real Estate

“Boomers Bought Up the Big Homes. Now They’re Not Budging.”

April 17, 2024

“Baby boomers bought up many of the big homes across the U.S. when they were raising their families. Now they’re staying put, even though their kids are all grown up.  Boomers are on top in a housing market where tight… Continue Reading…

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Economy, Real Estate

[Inflation] “$1 million homes are now ‘typical’ in a record number of U.S. cities, analysis finds. Here’s where they are”

April 10, 2024

“There is a record number of areas in the U.S. where the “typical” home is worth $1 million or more. In February, the country had 550 “million-dollar” cities, or areas where the “typical” home value is $1 million or more,… Continue Reading…

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Real Estate

“Renting is now cheaper than owning in all of America’s 50 biggest metro areas”

March 27, 2024

“Thanks to rising home prices and elevated mortgage rates, it’s now cheaper to rent than it is to buy a home in all of America’s biggest metropolitan areas, according to a new report by Realtor.com. In its February monthly rent… Continue Reading…

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