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  • Could Zillow or Redfin buy up all the homes — or the whole real estate market?
    Real Estate News

    Could Zillow or Redfin buy up all the homes — or the whole real estate market?

    April 2, 2023 /

    Anything can be done online. Some tech companies, like Zillow and Redfin, think they can even buy and sell houses online, and are dreaming of becoming the Amazon of what has come to be known as ‘‘iBuying.” But they’re finding out that buying and selling assets worth hundreds of thousands of dollars is a bit harder as an online industry than buying and selling books. Last week, Zillow made a startling announcement that it would stop buying homes for the rest of the year, self-reportedly due to a “backlog of renovations and operational capacity constraints” that it blamed on the supply chain issues plaguing the economy. This news made a…

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    Jerry Schmidt Comments Off on Could Zillow or Redfin buy up all the homes — or the whole real estate market?

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    GoLocalProv | RI Real Estate

    GoLocalProv | RI Real Estate

    November 23, 2022
    Why real estate is plummeting, but not everywhere.

    Why real estate is plummeting, but not everywhere.

    October 28, 2022

    House Hunting in Greece: Seaside Splendor on Tinos Isle for $1.8 Million

    December 9, 2021
  • The Real Estate Market Has Officially Closed on Opendoor
    Real Estate News

    The Real Estate Market Has Officially Closed on Opendoor

    March 7, 2023 /

    The COVID-19 pandemic delivered a generational catalyst for the U.S. housing sector. Median dwelling prices soared over 40{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in significantly less than two yrs as document-low fascination prices drove the price of financing a home to new lows and work-from-any place guidelines permitted extra younger adults to transfer absent from downtown city areas. Now home loan premiums are soaring, creating housing charges to stagnate and even decrease in many regions around the region. A person business experience the brunt of this slowdown is Opendoor (Open -3.92{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}), an online property flipper. The firm’s gain margins are deteriorating owing to declining house rates and weak acquisition choices more than the very last…

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    Jerry Schmidt Comments Off on The Real Estate Market Has Officially Closed on Opendoor

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    What an end to blind bidding for real estate could look like

    October 4, 2021
    How the ice storm impacted Austin’s real estate market

    How the ice storm impacted Austin’s real estate market

    February 12, 2023
    Should I wait for real estate prices to crash before I buy a house? Here are 3 simple reasons why this housing downturn is nothing like 2008

    Should I wait for real estate prices to crash before I buy a house? Here are 3 simple reasons why this housing downturn is nothing like 2008

    August 24, 2022
  • Want to Invest in the Real Estate Market With Less Stress? Try This REIT.
    Investment Property

    Want to Invest in the Real Estate Market With Less Stress? Try This REIT.

    March 6, 2023 /

    Investing in rental authentic estate can be a financially rewarding venture, but it’s not necessarily the most available or passive way to produce profits. To commence, you will need a substantial sum of money for a down payment on a house. Then you have to take care of the house, accomplishing points like advertising and marketing the rental, screening tenants, coordinating repairs, communicating with tenants, keeping the assets, and dealing with evictions if they take place. I have owned rentals and the past and am in no way discouraging traders from pursuing this avenue. Even so, if you don’t have tens of hundreds of pounds to commit in a rental…

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    Jerry Schmidt Comments Off on Want to Invest in the Real Estate Market With Less Stress? Try This REIT.

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    Using A VA Loan For Your Investment Property

    Using A VA Loan For Your Investment Property

    August 17, 2022

    Maximising your property investments – Moneyweb

    October 31, 2021

    How to refinance an investment property

    January 20, 2022
  • Want to Know How the Housing Market Is Doing? Follow Mortgage Rates.
    Real Estate News

    Want to Know How the Housing Market Is Doing? Follow Mortgage Rates.

    March 1, 2023 /

    Textual content sizing Given that the Covid-19 pandemic started approximately three many years back, housing current market traits have been pushed in aspect by home finance loan premiums. Patrick T. Fallon/Getty Photos The normally-chaotic spring dwelling getting season is in its early days—but what lies in the coming months will appear considerably different than past spring. A raft of current housing info offers traders clues on what could happen future, but the selection to observe is nevertheless property finance loan premiums.  Housing marketplace details launched this thirty day period confirmed hopeful symptoms of purchaser need buying up ahead of the commonly active spring time. Then home finance loan fees rose. …

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    Jerry Schmidt Comments Off on Want to Know How the Housing Market Is Doing? Follow Mortgage Rates.

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    Judge holds real estate firm in contempt over documents in Trump probe

    Judge holds real estate firm in contempt over documents in Trump probe

    July 6, 2022
    ‘Load Up,’ Says Jim Cramer About These 2 Real Estate Stocks

    ‘Load Up,’ Says Jim Cramer About These 2 Real Estate Stocks

    September 17, 2022

    Here’s what real estate agents say to expect about the market in 2022

    January 12, 2022
  • Housing market gets boost as home sales see highest spike since 2020
    Real Estate News

    Housing market gets boost as home sales see highest spike since 2020

    February 28, 2023 /

    A slight decline in mortgage loan fees in December and January contributed to an improvement in pending house profits for a second consecutive thirty day period, in accordance to information unveiled Monday by the Countrywide Affiliation of Realtors. The Pending Residence Profits Index – a ahead-searching indicator of residence gross sales primarily based on agreement signings – improved 8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in January. 12 months-above-12 months, pending transactions dropped by 24{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. The final time pending contracts registered an over 8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} monthly improve was three months immediately after the pandemic lockdown, when showings arrived to a standstill. In June 2020, pending property sales speed increased 17{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} compared to the preceding month. “Buyers responded to better affordability…

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    Jerry Schmidt Comments Off on Housing market gets boost as home sales see highest spike since 2020

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    Metaverse real estate is now being sold for cryptocurrency

    December 3, 2021
    What Real Estate Investors Need to Know About the 2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} Rule

    What Real Estate Investors Need to Know About the 2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} Rule

    January 11, 2023

    New normal? Seattle housing market shows signs of seasonal cooldown although inventory remains tight

    November 22, 2021
  • Housing market hits lockdown low.
    Real Estate News

    Housing market hits lockdown low.

    February 25, 2023 /

    Customers may well last but not least be calling the pictures in 2023, as housing stock when however small, has started to climb up. Current-property gross sales fell for the twelfth straight thirty day period in January, with yr-about-calendar year gross sales slipping 37{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, the largest decrease since 2010, according to a report launched Tuesday by National Affiliation of Realtors. “The present-day sales action is even lower than the lockdown thirty day period in April 2020,” said NAR Main Economist Lawrence Yun. “Home profits are bottoming out.” Selling prices fluctuate depending on a market’s affordability, with lower-priced areas witnessing modest growth and additional costly locations experiencing declines, he claimed. Whole…

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    Jerry Schmidt Comments Off on Housing market hits lockdown low.

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    Homes That Sold for Around $1.5 Million

    Homes That Sold for Around $1.5 Million

    July 18, 2022
    What Fed rate hikes mean for the real estate and rental markets

    What Fed rate hikes mean for the real estate and rental markets

    February 20, 2022
    How Toronto’s realtors are coping in the cooling market

    How Toronto’s realtors are coping in the cooling market

    May 13, 2022
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