America’s home prices are still rising, currently hovering at a median of $430,000 in April. But at long last, these sky-high housing costs seem poised to fall, perhaps as early as this month. That’s according to a new report from Realtor.com®, which found that April’s listing prices had ticked up a mere 2.5% compared to…
Tag: national association of realtors
‘Happy Days’ star Scott Baio announces he’s leaving California due to homeless crisis, crime
“Happy Days” actor Scott Baio announced on Wednesday that he is moving out of California, citing the state’s homeless crisis as one of the reasons why. Long-time Los Angeles resident Baio, who played Chachi on the hit 1970s sitcom, said the Golden State was “not a safe place anymore” and pointed to soft-on-crime policies. “After…
Journal Club 05-05-23 – Passive Income MD
Here’s Journal Club 05-05-23! 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! When pursuing Financial Independence or planning for early retirement, most people tend to focus on accumulating wealth, but rarely do they…
Swedish Realtors Grow More Pessimistic on Apartment Prices
(Bloomberg) — Sweden’s real estate agents expect no imminent reversal of one of the world’s biggest housing price declines that shaved some 15% off the value of homes in the Nordic country. A quarterly survey by state-owned lender SBAB shows that 32% of respondents believe apartment prices will fall in the second quarter, compared with…
Existing-Home Sales Slid 2.4% in March
WASHINGTON (April 20, 2023) – Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major US regions, while sales in the Northeast remained steady. All regions posted year-over-year decreases. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and…
Stop Overthinking and Start Investing: A 4-Step Guide to Real Estate Success
Have you ever found yourself stuck in analysis paralysis? That feeling of being trapped in your own head, overthinking and over-analyzing things to death and you can’t make a decision and it keeps you from moving forward or taking action. Many of us have been there when it came to real estate investing, causing one…
A Surprising Sign That Home Prices Could Finally Plunge This Summer
After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price drops is looming on the horizon, according to a new Realtor.com report. In March, real estate listing prices came nationwide at a median of $424,000, down from June’s…
Ex-CA Residents Regret Move to Southern States After Shootings, Bans Says Kurt Rappaport
Play video content TMZ.com The thousands of Californians who’ve fled to Tennessee, Florida and Texas are having second thoughts … and many are, as they say, going back to Cali … so says the LA real estate mogul Kurt Rappaport. Kurt joined us Friday on “TMZ Live” to fill us in on the slow reversal…
Home listings are increasing, but not the kind buyers want: Realtor.com report
A lack of homes for sale in the US is dragging on the housing market, according to a new report from Realtor.com. Although the number of homes for sale rose, new listings remained scarce in March, according to the company’s March report. The increase in the number of homes for sale is “a reflection of…
Driving (in) the real estate business
When realtor Audrey Azad drives her Tesla Model X SUV, she knows the kids on the street are doubled up laughing at her license plate that reads, PASTGAS. If that isn’t enough, the car comes with a whoopie cushion app. “You can fire it off from any speaker,” she says. “I have endless hours of…