‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market

‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market

What’s going on with the housing market now? Getty Images Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth doesn’t seem to be … Read more

‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market

‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market

What’s going on with the housing market now? Getty Images Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth doesn’t seem to be … Read more

recession risks, housing downturn after third rate hike

recession risks, housing downturn after third rate hike

The negative impact of interest rate rises on Australian housing prices, household spending and the volume of dwelling investments may hurt consumer confidence and fuel the likelihood of a recession in Australia, analysts and economists say. The Reserve Bank of Australia raised interest rates for the third time in a row on Tuesday. Joining central … Read more

ARMs are making a comeback—are they too risky for hopeful homebuyers?

ARMs are making a comeback—are they too risky for hopeful homebuyers?

Adjustable-rate mortgages suffered a tarnished reputation after the 2008 financial crisis. They faded away and lurked on the fringes of the mortgage market for years. But as home buyers grapple today with skyrocketing prices and interest rates, ARMs are making a comeback. And that’s totally not a bad thing. ARMs are appealing because they start … Read more

Trump’s Billionaire Neighbor Warns US Economy Is In An “Omnibuble”

Trump’s Billionaire Neighbor Warns US Economy Is In An “Omnibuble”

Jeff Greene The Palm Beach Post/Zuma Press/Alamy Jeff Greene, who made his first fortune shorting subprime mortgages during the Great Recession, sees trouble ahead for real estate and no relief for crypto or tech stocks. By Giacomo Tognini DDuring the last major recession from 2007 to 2009, a little-known entrepreneur named Jeff Greene made billions … Read more

DRE Hot Seat: A broker’s website needs to comply with real estate advertising laws

DRE Hot Seat: A broker’s website needs to comply with real estate advertising laws

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who advertised real estate services without disclosing his license identification number, claimed to mortgage loan performer (MLO) services without holding a valid license, and used … Read more

DOJ settles with Facebook over alleged discriminatory housing ads

DOJ settles with Facebook over alleged discriminatory housing ads

Facebook CEO Mark Zuckerberg testifies before the US House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images The Department of Justice reached a settlement with Facebook owner Meta over … Read more

How Primeinvestor’s Vidya Bala manages her personal finances

How Primeinvestor’s Vidya Bala manages her personal finances

Vidya Bala, co-founder of Primeinvestor.in, says that she and her colleagues have a flair for direct stock investing but realize that mutual funds (MF) are a far better investment vehicle. Primeinvestor.in, a Sebi-registered research analyst platform, offers recommendations on diversified personal finance products including stocks, MFs, G-Secs, ETFs, deposits, bonds and insurance. Launched a little … Read more

Snap’s Warning Puts the Spotlight on Advertising. These Stocks Are at Risk.

Snap’s Warning Puts the Spotlight on Advertising.  These Stocks Are at Risk.

Shares of companies with significant advertising businesses were falling on Tuesday after social-media platform Snap alert about the current quarter. Daniel Acker/Bloomberg Text size Shares of companies with significant advertising businesses were tumbling on Tuesday, after Snap warned the prior evening that it wouldn’t meet expectations for the current quarter. A weaker economic environment and … Read more

Out of 50 major housing markets in America, just 6 now have more new real estate listings now than before the pandemic. Here’s what that might mean

Out of 50 major housing markets in America, just 6 now have more new real estate listings now than before the pandemic.  Here’s what that might mean

San Francisco is one of the areas with more new listings now than pre-pandemic. Getty Images Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that America is currently facing a … Read more