WASHINGTON (June 8, 2023) – The US housing market is short of more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country’s persistent housing inventory crunch impacts middle-income buyers more than any other income bracket. NAR and Realtor.com®’s housing affordability and supply…
Realtor
In this day and age everyone has access to the same information & listings. Distribution is no longer a major value component that a real estate professional brings to the table. Without a doubt the most valuable thing in today’s real estate environment is proper counsel and representation.
HOW TO THRIVE IN A RECESSION
As we find ourselves on the brink of an economic downturn, it’s normal to be experiencing a little anxiety. The headlines are dominated by news of job losses, syndication deals not meeting projections, and businesses closing up shops, all painting a pretty grim picture of the financial landscape. The fear many have in times of…
‘Irish Bayou Castle’ for sale in New Orleans. Is it an investor’s ‘dream’? take a look
Ever dreamed of owning an old fashioned castle with some Irish roots … but don’t want to head all the way to Ireland? Good news — a beautiful castle nicknamed the “Irish Bayou Castle” has landed on the real estate market in the Big Easy itself — New Orleans, Louisiana. The two-bedroom and one-bathroom home,…
Kidnapped realtor rescued in East Godavari, four arrested
Srinivasa Rao, the realtor who was kidnapped on Wednesday in Visakhapatnam, was accused in several cases in Vijayawada and other areas, according to City Police Commissioner Thrivikrama Varma. Addressing the media, Varma said Rao, a native of Rajamahendravaram, started a real estate brokerage firm with four others in 2019 and appointed agents. Promising flats and…
Realtor.com’s most affordable US beach vacation towns for homebuyers
If you’ve ever dreamed of having your own beach home to escape the routine of everyday life, try looking in areas with just as much character and far less hype for your second home or vacation getaway. Realtor.com, an online resource to search listings, compiled a list of towns in the United States where buyers…
Journal Club 06-30-23 – Passive Income MD
Here’s Journal Club 06-30-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! By now, most of us are familiar with the concept of FIRE or Financial Independence, Retire Early. Many of us are…
Rattled housing market prompts reversal on 2023 forecasts with home prices and rents now expected to fall
Shutterstock Realtor.com has re-examined its prior housing predictions, and now expects a dip in prices and rents. But downgrading the 2023 outlook does not signal a major wave of relief. “Home costs are still going to be higher for buyers in 2023 because home price declines are very mild and not universal.” Realtor.com has re-examined…
Fox News Anchor Bret Baier Looking To Sell $16.5M Palm Beach Home He Bought a Year Ago
Fox News anchor Bret Baier wants to cash out with the sale of his luxe home in Palm Beach, FL. Listed for $16,495,000, the mansion was previously owned by Tommy Hilfiger. Baier purchased the property from the famed fashion designer in March 2022 for $12 million, which means he’ll net a healthy return on his…
Home prices are falling in these big Sun Belt cities, but don’t get too excited. Here’s why.
By Aarthi Swaminathan The median price of homes for sale is falling in several major metro areas, and hit $445,000 in June, Realtor.com says Home prices are falling in major cities in the Sun Belt, but don’t necessarily interpret that as a big opportunity to purchase a home. Nationwide, the median price of a home…
Realtor may have accepted $3M offer for Washington, DC property linked to Sam Bankman-Fried
An unidentified buyer or buyer could soon own a property previously linked to defunct cryptocurrency exchange FTX and its former CEO, Sam Bankman-Fried, in Washington, DC’s Capitol Hill neighborhood. According to an updated posting on Realtor.com, the DC property was listed as “contingent,” suggesting that the party handling the deal has accepted an offer but…