Tag: real estate

5 Real Estate Mistakes That Could Make You Lose Money

By Joe Edgar On the surface, real estate investing seems so easy. Passive income, property appreciation, tax benefits, and more. What’s not to like? But the reality of life as a landlord isn’t so rosy. It’s hard work. It takes time, research, and careful study to understand the business. It’s far easier to lose money on a rental…


12 Realistic Ways to Make Your First $1 Million

By Barbara Friedberg At first glance, building a net worth of $1 million might seem unattainable, but it’s more realistic than you think. In fact, you don’t even need a winning lottery ticket or a trust fund to join this exclusive club. Your annual income certainly plays a role, but the way you allocate your funds actually…


Mortgage Rates Fall as Recession Fears Mount

U.S. mortgage rates fell for the second consecutive week after a rapid rise in June, the latest data from loan mortgage company Freddie Mac shows. The interest rate on a 30-year fixed-rate mortgage declined to 5.3 percent for the week ending July 6, down from 5.7 percent on June 29, according to Freddie Mac’s data. In the…


Whither Goes Real Estate?

Commentary Real estate increasingly will face two contrary forces. On the one hand, buying will suffer as rising mortgage rates render home ownership less affordable. On the other hand, ongoing concerns about inflation will drive buyers into real estate, for history shows that it provides inflation protection for their wealth, especially in the face of…


Manhattan Apartment Sales Drop, An Ominous Sign For NYC Real Estate Market

Apartment sales contracts for Manhattan nearly plunged by 30 percent last month compared with June 2021, as the New York real estate market began to cool amid fears of recession and rising mortgage rates. NYC real estate sales prices rose to a record high through the first half of the second quarter with rising prices…


4 Simple Tips for Finding Incredible Real Estate Deals

By Brandon Turner When I was a child, every Saturday morning was the same: Wake up early, pile into the minivan with my mom and three siblings, and start looking for garage sales! Yes. I was raised by a “garage sale mom.” Because we didn’t have a lot of money, we bought nearly all of our…


What’s Behind the Current Market Crash

News Analysis The first half of 2022 has seen financial market carnage of historic proportions, from stocks to bonds and even cryptocurrencies. Analysts say the rout is part of the process of markets assessing how severe the next recession will be, along with the reckoning that central banks no longer have the markets’ back.  “There’s…


How Inflation Is Affecting Your Portfolio Right Now

By Melissa Brock Inflation affects your portfolio right here, right now. You probably already know about the dark side of inflation and how it affects your portfolio. But have you really taken the steps to combat it? Let’s find out. What Is Inflation? Inflation measures the rising cost of goods and services in a society. The…


Rent Prices Finally Starting to Fall in American Cities: Analysts

The quick rise in U.S. rental prices over the past year is beginning to slip in several American cities during the peak summer season when rent prices are normally higher, according to Zumper’s National Rent Report for June. Median rent prices for one-bedroom apartments in the United States went up by 0.5 percent between May and…


Zillow Revises Home Price Appreciation Forecast, New Prediction Down 8 Points

Home prices in the United States, which are showing signs of cooling following a pandemic-recovery spike, are now expected to rise at a slower rate than previously predicted, according to real estate marketplace firm Zillow. In its March report, Zillow predicted home prices would rise 17.8 percent year-over-year by February 2023. In its latest forecast…