-
This real estate developer is happy that new home construction is falling
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Recent headlines point to a slumping US housing market — as mortgage rates average near 7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, an increasing number of potential homebuyers are finding it difficult to finance homes. Mortgage applications fell in late February to a 28-year low, according to the Mortgage Bankers Association. But some of the country’s largest homebuilders are undeterred. David O’Reilly, CEO of the real estate developer Howard Hughes Corp., told CNN that he’s…
-
3 Reasons Why I’ll Be Happy to Sell My Rental Property and Stick with REITs
I bought lucky with a condominium that I purchased in Florida, and I definitely won’t be able to complain as well significantly now that I’m selling it. Sure, I experienced needed to retire into it, but that just was not meant to be at this issue. Now that I’m promoting, while, I can honestly say there are three points that I will be content to never offer with once again. Timing issues As I generate this, I’m below deal to market a two-floor apartment overlooking Market St. in Celebration, Florida, the town Disney developed. I basically bought it without having observing something more than the place and images, obtaining appeared…
-
My Happy Home: Martin Roberts Interview
As part of our new interview series, My Happy Home, we sit down with Martin Roberts to find out about the best decorating advice he has ever received — and why he loves a bargain at B&M. Martin is a property expert, author and journalist who has been presenting BBC One’s daytime property auction series, Homes Under the Hammer, since its inauguration in 2003. He has also written two books, Teach Yourself Making Money from Property and The Property Auction Guide, and is a guest presenter on The Jeremy Vine Show which airs on BBC Radio. What makes you happiest at home? MR: Cuddling up on the sofa with my…