Renters: You’re paying more for less space Click Here for Full Story If you feel like the walls are closing in on you, you might be right. New apartments hitting the rental market in 2016 are 8% smaller than they were 10 years ago, according to a recent report from online rental marketplace RentCafe.
I pay more than half my income in rent Click Here for Full Story Katie Mayo often pays $100 late fees to her landlord because she has to wait until payday to make rent.
U.S. expands crackdown on secret real estate buyers Click Here for Full Story The government’s crackdown on anonymous real estate buyers hiding behind shell companies seems to be working.
Rates Could Be Lower, Lower For Longer, Longer Click Here for Full Story The writer was referring to Real Estate Investment Trusts (REITs) and his bearish argument was centered on the notion that real estate securities “faced lurking risks” and the “possibility of a recession” could “pinch business growth and consumer spending”. He essentially argues that REITs could not sustain the successful record over the last decade because, in his
Looking For Stable Income? Consider US Real Estate Click Here for Full Story Earning investment income today is tough—and it’s probably going to stay that way. But there are opportunities in less traveled parts of the bond market. And they’re not as risky as you might think. Consider US commercial mortgage-backed securities (CMBS). CMBS package together hundreds of loans for properties such as downtown office buildings, hotels, shopping malls and
Could Brexit Actually Be a Positive for U.S. Real Estate? Click Here for Full Story To say people around the world were surprised about the United Kingdom’s vote to leave the European Union would be an understatement. People weren’t just surprised about the result of the June 23 referendum – they were shocked, and the global markets reflected that. U.S. markets experienced the biggest two-day fall in nearly a year,
San Diego County home price reaches $495,000 Click Here for Full Story “San Diego County’s median home price stopped just short of hitting half a million dollars in June, real estate tracker CoreLogic reported Tuesday. The median price last month reached $495,000, representing a 4 percent increase from a year earlier. The price has yet to hit its pre-recession peak of $517,500 in November 2005.”
How to beat high rent as O.C. apartment costs hit $1,800 to $2,000 Click Here for Full Story “Orange County landlords upped the asking rent for vacant apartments to an all-time high this spring, two market indicators show. The average rent for a large-complex apartment was $1,946 a month during the second quarter, up $98 or 5.3 percent from the same period in 2015, according to Real Answers, which tracks
Foreign Interest in U.S. Homes Cools Click Here for Full Story “Purchases of U.S. residential real estate by foreigners who aren’t residents of the United States fell by $10 billion in the year ending March to $44 billion, the lowest level since 2013, according to a survey by the National Association of Realtors released Wednesday.”
Real estate negotiation: establishing value Click Here for Full Story Negotiating the sale of residential real estate is no more difficult that negotiating for any other product of service that doesn’t have a fixed price; however, due to the colossal cost of houses, the process is more important financially than negotiating for other big-ticket items like automobiles. A mistake made while buying or selling a house could cost as much