The couple-clicks, home-buying experience is something many in the real estate industry have talked about for years. In a transaction that typically requires lots of paperwork, people, and legal check...
Tag: Real estate
As mortgage rates climb, one big thing homebuyers should consider doing now
Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet, and Jeff O...
Housing Crisis: Why 40-Year Mortgages Might Help Delinquent Borrowers
Text size Illustration by Laurent Duvoux About the author: Patrick Harker is the president and CEO of the Federal Reserve Bank of Philadelphia. The Covid-19 pandemic is not over. But many of the pande...
Opinion: The best retirement investment strategy Generation Z can learn from boomers
Generation Z will soon surpass millennials as the most populous generation on earth, with more than a third of the world’s population counting themselves as Gen Z. And this group is motivated to retir...
The housing market is running hot. Can the Fed cool it before it crashes?
When the “Bond King” Bill Gross sat down recently with Barry Ritholtz for an episode of “The Big Picture” podcast, the billionaire investor and PIMCO founder took a pretty skeptical view of who might ...
Landlord of men accused of impersonating DHS agents won unpaid rent judgment
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J The landlord of two Washington, D.C., men charged with impersonating Department of Homeland Security agents won a judgm...
NYC loses fight to boot Trump from Ferry Point Bronx golf course
A ‘TRUMP’ branded helicopter sits near a putting green during a ribbon cutting event for a new clubhouse at Trump Golf Links at Ferry Point, June 11, 2018 in The Bronx borough of New York ...
Tech stocks haven’t been this oversold since 2015, leading analyst says
Technology stocks are the most oversold they have been since 2015, according to Dan Ives, an analyst at Wedbush Securities. The tech-heavy Nasdaq Composite COMP has dropped 11% this year — about twice...
New York Attorney General asks judge to hold Donald Trump in contempt
New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021. Brendan McDermid | Reuters New York Attorney ...
We are both doctors but struggle with $472K in student loans. Can we get help?
How to get out of student loan debt Getty Images/iStockphoto Question: I have $237K in loans and my wife has $235K in loans. We are not currently making any payments [thanks to government relief] but ...
Inside the $87 million hilltop palace for sale in Beverly Hills
Private drive leading to the main residence at 1420 Davies Dr in Beverly Hills. Joe Bryant “For a person who likes this style there’s nothing like it, that’s why we feel bullish on t...
40% Of Emissions Come From Real Estate; Here’s How The Sector Can Decarbonize
A green building in Milan provides the benefits of cleaner air and lower energy bills to its … [+] residents. Getty Images From rising sea levels that sweep away coastal properties to heatwaves ...
Developers flood Arizona with homes even as drought intensifies
California just experienced its driest January and February ever, and the snowpack is dangerously low. As the West enters its third year of drought, water sources are drying up, and restrictions on th...
Want to Unload That Investment Property? What Advisors Recommend.
With valuations high and many boomers gearing up for or entering retirement, many investment property holders could be rethinking their strategy around real estate ownership. It’s a big issue for many...
Manhattan residential real estate sales hit record $7.3 billion in first quarter
Luxury high-rise apartments are viewed across Central Park South near Columbus Circle in the Manhattan borough of New York. Robert Nickelsberg | Getty Images Manhattan residential real estate sales to...
Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock
It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...
4 economists and real estate pros on exactly when mortgage rates will hit 5%
Pros expect that higher mortgage rates will cool the housing boom somewhat. Getty Images/iStockphoto If mortgage rates continue on their current trajectory, some experts predict 30-year fixed rates co...
My wife and I have $750,000 in savings and earn over $144,000 a year. Can we afford to spend $5,000 per month on housing?
Financial advisers recommend spending no more than 30% of take-home pay on housing. I have always lived by this rule and now have $750,000 in cash savings. But now I need to make a big move. Is there ...
Discovery, Merck, Carnival, Broadcom, and Other Stocks to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
Discovery, Merck, Carnival, Broadcom, and Other Stocks for Investors to Watch This Week
Text size Uncredited It’s a full week of annual shareholder meetings, investor days, and earnings reports. Broadcom hosts its annual meeting on Monday, followed by investor events from Merck, Analog D...
Is a yield curve inversion a foreboding sign for mortgage rates? Does it really signal a recession? Economists weigh in.
For a moment this week, the bond market flashed a signal that some associate with impending recessions. Home buyers need not worry just yet, according to economists. On Friday, the 2-year rate, which ...
Three value stocks that can provide safety as interest rates rise
Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...