These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Tag: Real estate
If I sell my rental I can pay off my primary mortgage and be debt-free. Is that a good idea in this housing market?
Dear MarketWatch, I have a rental property that’s worth $175,000, and I owe $53,000. My primary home is worth $265,000 and has $108,000 left on the mortgage. My question is this: Should I sell my ren...
Higher Rates Hammer Home Buyers—and Make Mortgage REITs Lucrative for Investors
It’s instructive and often amusing to see how the popular media cover economic and financial news. You can get a handle on the public’s sentiment from how they treat those topics, which usually varies...
Opendoor Vents the Roof – WSJ
Zillow’s decision last year to jump out of this burning house is suddenly looking kind of smart. Opendoor Technologies said Thursday that its automated home-flipping business sold 33% more homes than ...
House hunting this weekend? There’s more out there now
A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images After more than two years of a historically lean housing market...
‘This has gone on too long’: The bank paid itself $18,000 in fees. My late father’s trust has not been distributed. What recourse do I have?
My father’s father set up a trust at a major bank with my father and the bank’s trust department as co-trustees. My father died at the end of last year; upon his death, the trust was supposed to be di...
In Real Estate, 2022 Has Been The Year Of Moving Farther Away
In 2022, the median American home buyer moved a distance of 50 miles from their previous residence. Getty Images For decades, Americans moving into new homes stayed pretty close to where they’d been l...
‘Am I being ripped off?’ I moved into my husband’s home. I pay for groceries. The rental income from my apartment goes into our joint savings.
I read one of your previous columns regarding the boyfriend who wants the letter writer to move in. My case is similar, but we have already made a decision on how to structure our finances as they rel...
Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse
Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will need to cut more employees as the U.S. housing slump deepens. The bank h...
Mortgage demand falls even as rates slip from recent highs
Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dro...
Here’s exactly where ‘whiplash-inducing’ mortgage rates are headed this year, according to 6 economists and real estate pros
Where are mortgage rates headed? Getty Images Rates are trending upwards, pros say. Indeed, many pros say estimate that the Federal Reserve will raise interest rates in November and December. And for ...
Homebuilders say steeper downturn is coming as buyers pull back
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The once-hot housing market is cooling off at an alarm...
JPMorgan Chase unveils payments platform for landlords and tenants
A JPMorgan logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and em...
Billionaire Wu Yajun Steps Down As Longfor Chair Amid Sector Crisis
Billionaire Wu Yajun has stepped down as Longfor chairman. (Photo by May Tse/South China Morning Post via Getty Images) South China Morning Post via Getty Images Wu Yajun, the billionaire cofounder of...
Will Home Prices Crash? Don’t Count on It. Here’s Why.
The housing market is cooling, but the downturn may be overhyped. That is both a blessing and a curse. Data released this past week showed that U.S. home prices fell in August at the steepest month-ov...
Rethinking China: Xi’s Power Play Could Bring Down Stocks Even More
Chinese stocks have lost roughly half their market value, or almost $1.5 trillion, over the past two years. But the damage may not be over as investors reassess their China allocations after President...
Small-Cap Stocks Have Rarely Been So Depressed. 7 to Buy Now.
Longtime investor Nicholas F. Galluccio has seen his fair share of market turmoil, but one thing has remained constant over nearly four decades: a focus on finding small stocks with big prospects. Gal...
‘When we dated for 5 years, he implied he was financially secure’: My husband was always hesitant about his finances. Now I know why.
Dear Quentin, My husband and I make about the same salary, and live modestly. Six months after we married, I found out my husband’s net worth is virtually zero. He owes more money than he has assets (...
Pending home sales fell 10% in September from August
A Coldwell Banker “Under Contract” sign stands outside a property in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Pending home sales, a measure of signed contracts on existing...
Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, respectively ...
Mortgage demand from homebuyers is nearly half what it was in 2021
A house’s real estate for sale sign is seen in front of a home in Arlington, Virginia, November 19, 2020. Saul Loeb | AFP | Getty Images Mortgage demand fell last week to nearly half what it was...
My boyfriend has a nicer house, and says I should live with him. My mortgage is paid off. He believes I should pay half of his monthly costs. Is that fair?
Dear Quentin, My boyfriend owns a house with a 30-year mortgage balance of $150,000 on a 4% interest rate. He has $275,000 in cash and retirement accounts. He is retired. My house is paid off. I have ...
Home prices cooled at a record pace in August, S&P Case-Shiller says
House for Sale by Owner, Forest Hills, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Home prices are still higher than they were a year ago, but gains are shrinking...
Why Beijing won’t bail out its real estate sector
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022. Futu...
Mortgage bankers expect rates to drop to 5.4% in 2023. What will home prices do?
NASHVILLE, Tenn. — High mortgage rates and recession fears are hurting home prices, so expect growth to be flat this year, one expert says. “Our forecast is for home-price growth moderation to continu...
Think you had a bad week? Salesforce, cloud companies had some of their worst weeks ever
Salesforce Inc. and other cloud-software stocks shed red over the week, as the lining in cloud-software stocks Friday turned blood red instead of silver, sending some cloud companies and ETFs tracking...