MARKET UPDATE - DECEMBER 2022
As volatile interest rates and inflation continues to affect housing affordability, buyers and sellers are becoming creative in their efforts to buy and sell real estate. Motivated buyer...
Some good news out this morning with a soft CPI print, much under where consensus was. Capital markets a reacting strongly to this in todays session, expecting a decent move in the 10 year. Still have FED’s Jerome Pow...
Just watched a video explaining how Zillow is selling between 60-70% of homes they bought in markets like Phoenix, Dallas, Houston, and Atlanta for a loss. Does this mean Zillow is preparing for a crash and cutting th...
My wife and i just closed on a new primary residence. We have decent equity in our current home, and want to turn it into a rental. However, we need to dump about 100,000 into the new home to update it the way we want...
The Consumer Price Index (CPI) report for February 14. 2023 was released earlier today. The Consumer Price Index (CPI) measures the changes in the prices of goods and services that households purchase. It is one of th...
It’s no secret the inflation has been running rampant the past 2 plus years causing a significant price increase on just about everything. While we can grumble and complain about how our money system is mismanaged and...
The Fed just dropped rates. This is their thought process. Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong and that economic activity has been ri...
Hi everyone,
I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:
Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 ...
I have a warehouse in downtown San Antonio I converted to office/retail suites about five years back. Most of our tenant leases have renewal options with automatic 3% rent increases each year. However, a few of the le...
The two-day FOMC meeting is starting today, and most estimates predict 75 bps hike to be announced on Wednesday, with a small outside chance that 100 bps happens instead. While most expect this, some are still looking...