Tag: real estate
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5 Ways to Start a Lucrative Real Estate Side Hustle
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Everybody wants to grow their wealth over time. But with the stock market struggling in bear territory and ... -
Real Estate Investment: Residential Vs Commercial – which will fetch you more rent?
With land becoming increasingly scarce, the prices of real estate properties – especially residential and commercial plots – are also on the rise. Traditionally, people prefer to invest in real estate as selling properties after holding for a long time generally increases their prices substantially. “Real estate has consistently been a dependable investment with little ... -
As Investors Snap Up Dallas Homes, Some Sellers Hold Out to Sell to People Looking for a Home
Jay Narey, a local real estate agent with Keller Williams and 20 years of experience, has watched as investors buy up properties across the country, including in North Texas. The trend is altering the housing supply and driving up prices, Narey said. Over the last year, though, a growing number of his customers have preferred ... -
A Housing Market Correction Is More Likely Than A Catastrophe
Text size Fears of a housing crisis are likely overblown. Stefani Reynolds/AFP/Getty Images About the author: Ken Shinoda is a portfolio manager with Jeffrey Gundlach and Andrew Hsu of the DoubleLine Total Return Bond Fund. In the depths of the pandemic lockdowns, some feared housing price and mortgage implosions on a scale of the 2007-2009 ... -
Residents of Billionaires’ Row co-op told to pony up $280M
Co-op apartments in a luxury doorman building on Billionaires’ Row are selling for as low as $100,000 for a studio and $659,000 for a three-bedroom penthouse with a terrace. But the glitch in the only-in-New York scenario is that owners in the 324-unit building must pay a combined $280 million to buy the land under ... -
This city is ‘the epicenter of the housing crisis,’ says a Biden administration official
U.S. Department of Housing and Urban Development Secretary Marcia Fudge dubbed sunny Miami the “epicenter of the housing crisis in this country” during a visit Tuesday. Fudge made that stark remark on Miami’s affordability issues while visiting Liberty Square, a public housing complex in the South Florida city, according to the Miami Herald. To anyone ... -
Is Now a Good Time to Buy or Sell a Home?
In 1982, the British punk rock band, The Clash, released their hit song “Should I Stay or Should I Go.” Forty years later, potential home buyers and sellers are now asking themselves that very same question. With mortgage interest rates currently near 6 percent for a 30-year fixed plan, many would-be home buyers are debating ... -
It’s Easy To Blame Private Equity For Housing Shortage, But Crisis Has Deeper Roots
(Photo by Chris DELMAS / AFP) (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images The U.S. is in the midst of a housing supply crisis, with rents skyrocketing and the number of first-time homebuyers who can qualify for a mortgage on even a starter home shrinking. Who is to blame for this ... -
Rising interest rates cost typical homebuyers 16% of purchasing power
As interest rates rise, a good chunk of homebuyers have lost up to $165,000 in purchasing power on new homes in the last year, according to a recent study by online real estate brokerage Redfin. Interest rates for 30-year fixed-rate mortgages have jumped from an average low of 3% to about 6% in the last ... -
High prices, loan rates lock East Africans out of property market
By KABONA ESIARA By JAMES ANYANZWA East Africans interested in home ownership still have to walk a tortuous road even with the obvious shortfall in provision of affordable units. Ugandans and Kenyans are particularly hard hit, with realtors in Kampala terming Bank of Uganda’s (BoU) decision to cap the loan to value ratio on residential ...
