Real Estate

The Psychological Aspects of Selling a Home: How to Stay Positive and Motivated

RisMedia Consumer News - April 8, 2024 - 2:05pm

Selling a home is more than a financial transaction; it’s an emotional journey. This process can stir up feelings, from excitement about prospects to sadness over leaving memories behind. Understanding and managing these emotions is crucial for staying motivated and positive. I will examine the psychological aspects of selling a home. You will see my…

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Categories: Real Estate

The Impact of Low Appraisals on Home Sales and Mortgages

RisMedia Consumer News - April 4, 2024 - 12:24pm

When buying and selling real estate, the appraisal is pivotal. It’s an expert’s objective estimation of a home’s worth and serves as a cornerstone for financial decisions in real estate transactions. However, a low appraisal can disrupt the whole process and lead to complications for buyers, sellers, Realtors, and lenders. I will examine the ramifications…

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Categories: Real Estate

KKR says China's real estate correction may only be halfway done

Real Estate CNBC - April 3, 2024 - 8:02pm
China's real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.
Categories: Real Estate

Here's what tenants need to know about Biden's plan to cap rent hikes for some affordable housing units

Real Estate CNBC - April 3, 2024 - 3:44pm
The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country.
Categories: Real Estate

Weekly mortgage demand remains stalled, as interest rates stay stubbornly high

Real Estate CNBC - April 3, 2024 - 7:00am
Mortgage rates didn't move much last week, and for the second week in a row, neither did mortgage demand.
Categories: Real Estate

Housing 'affordability has just totally collapsed,' economist says

Real Estate CNBC - April 2, 2024 - 3:21pm
February 2021 was the last month when households earned more money than they needed to afford a home. While the deficit shrunk, costs remain high for buyers.
Categories: Real Estate

Here's what upgrading to a nicer home could cost you, and why it's locking up the market

Real Estate CNBC - April 2, 2024 - 2:43pm
The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% more expensive home.
Categories: Real Estate

Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro

Real Estate CNBC - March 28, 2024 - 10:57am
One of the main drivers of high housing costs is low supply. Cities in this state are boosting supply, helping push rental prices down.
Categories: Real Estate

Mortgage demand stalls, even as interest rates moderate

Real Estate CNBC - March 27, 2024 - 7:00am
The usually busy spring housing market is underway, but mortgage demand isn't moving.
Categories: Real Estate

Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme

Real Estate CNBC - March 26, 2024 - 8:42pm
Two luxury apartments in New York allegedly were bought with proceeds from improperly awarded copper contracts related to a huge mine in Mongolia.
Categories: Real Estate

Adam Neumann makes a $500 million bid for WeWork that could hit $900 million if financing and diligence firm up

Real Estate CNBC - March 26, 2024 - 2:40pm
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
Categories: Real Estate

Consumer Confidence Sees Little Change in March

RisMedia Consumer News - March 26, 2024 - 11:47am

Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana…

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Categories: Real Estate

Vacation home co-ownership platform Pacaso expands to lower-priced listings

Real Estate CNBC - March 26, 2024 - 8:32am
Pacaso lists shares of vacation homes, generally an eighth but sometimes larger shares, and then facilitates the purchase, including financing if necessary.
Categories: Real Estate

Biden campaign's latest broadside: A 'feeble' Trump is 'lying about having money'

Real Estate CNBC - March 25, 2024 - 6:18pm
The Biden campaign salvo came after a judge set a date for Trump's criminal hush money trial, and after another court cut his civil fraud bond to $175 million.
Categories: Real Estate

What Are the Benefits of a Modular Home?

RisMedia Consumer News - March 25, 2024 - 4:24pm

Built in sections at a factory and assembled on-site, modular homes offer a unique blend of efficiency and customization. Their popularity stems from their ability to provide affordable, durable and sustainable housing options. We will examine the various benefits of modular homes and highlight why they are becoming a preferred choice for many. If you…

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Categories: Real Estate

As Trump's $454 million fraud judgment deadline looms, son Eric gripes 'they want to bankrupt him'

Real Estate CNBC - March 25, 2024 - 8:45am
Donald Trump is trying to hold off a massive New York fraud judgment as he seeks to unseat President Joe Biden from the White House in November's election.
Categories: Real Estate

Home price growth is back at pre-pandemic levels. Here's what that means for buyers and sellers

Real Estate CNBC - March 25, 2024 - 8:30am
While price growth is moderating and inventory is improving, overall housing costs remain high, experts say. Here's what to expect.
Categories: Real Estate

China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms

Real Estate CNBC - March 25, 2024 - 2:28am
China’s economy can grow far faster if it adopts a comprehensive package of pro-market reforms, according to IMF Managing Director Kristalina Georgieva.
Categories: Real Estate

Judge orders Trump company to tell financial watchdog about efforts to get appeal bonds

Real Estate CNBC - March 21, 2024 - 4:35pm
Donald Trump is trying to avoid paying a $454 million business fraud judgment stemming from a lawsuit by New York Attorney General Letitia James.
Categories: Real Estate

Don’t Forget the Basics: How to Market a Home in a Seller’s Market

RisMedia Consumer News - March 21, 2024 - 3:08pm

Selling your home is a significant decision. The right strategies can make the process smoother and more profitable. Even in a seller’s market, you can’t take the basics of selling a home for granted. We will cover critical strategies, including professional photography, online platforms and writing compelling descriptions. We aim for clarity, brevity and effectiveness…

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Categories: Real Estate