The Federal Reserve raised the target federal funds rate by another 0.75 percentage points at the end of its two-day meeting Wednesday, in an effort to curb unrelenting inflation. Fed officials have already raised benchmark short-term borrowing rates 1.5 percentage points this year, including June’s 75-basis point increase, which marked the largest increase in nearly three decades. The
Month: July 2022
Sonja Morgan is bringing in the big guns when it comes to selling her townhouse this time around. On and off the market for the past 10 years with various real estate brokerages, the “Real Housewives of New York” star has decided to list her Upper East Side pad again — for $8.75 million — only
The media wants you to panic about Covid some more. Will you do that for them? Or do you not have it in you? The upcoming booster will not have “rock-solid” data according to The Atlantic but they still think we should all get it. What is the end game here? 💰 moomoo Open and
Graham Stephen retired at the age of 26 through real estate investing and personal finance. In this video, Graham, Brandon Turner & David Greene share their key advice for young investors who are looking to start, but don’t have the tools or confidence to do so. Make sure you check out the full episode of
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A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Mortgage demand edged lower for the fourth straight week, according to data released Wednesday, even though interest rates have fallen from their recent highs. Total volume was down 1.8% last week from the
Banks in Singapore raised housing loan rates in June, following the U.S. Federal Reserve’s decision to increase interest rates by 75 basis points in the same month to cool inflation — its most aggressive hike since 1994. Nurphoto | Nurphoto | Getty Images Homeowners in Singapore are starting to tighten their belts as they will
andresr | E+ | Getty Images Covid-19 relief and record-low interest rates boosted many Americans’ finances during the pandemic. That has been especially true for millennials, who have on average built significant wealth. Millennials, born between 1981 and 1996, have more than doubled their total net worth, reaching $9.38 trillion in the first quarter of
If you’re trying to invest in real estate, you’ve probably considered investing with a partner. If you don’t have money, partnering up can be a great strategy to get started, but the real question is how do you find a partner and how do you get them to do a deal with you! In this
Tarek gets a lead on a house in Buena Park, CA, and calls Christina to check it out. When they arrive at the house, they find that it’s dated inside and out and requires much more work than they’d hoped. As the renovation continues, Christina struggles to tell Tarek she wants to sell the house
Jon May Discusses tips for Buying Waterfront Property
From Hollywood mansions to NYC penthouses, multi-million dollar properties are hotter than ever.
All good things must come to an end — and in the case of New York City rental housing, that means pandemic-era discounts for sweet apartments. In the second quarter of 2022, the inventory for city rental homes rose 14% to 65,697 from the first quarter, according to a newly released market report from local
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The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising
Florida Gov. Ron DeSantis has vowed to crack down on “undue influence from rogue states” like China in response to Chinese businesses reportedly buying up large tracts of farmland. DeSantis was asked about a recent report by the National Association of Realtors which found that Chinese real estate investors spent $6.1 billion on American real
In China, people typically buy apartments before they are completed. Pictured here on June 28, 2022, are unfinished residences in Nanning, Guangxi Zhuang Autonomous Region. Future Publishing | Future Publishing | Getty Images BEIJING — Goldman Sachs has cut its forecast for the MSCI China index due to a worsening slump in China’s property market.
Your bank needs to foster a good relationship with you because you can bring in more business for them. This is great news for you because then you’re more likely to get your next mortgage from them. It makes sense and it’s good business for everyone. Use MY MONEY to flip YOUR NEXT DEAL… here’s
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A “secret” mansion privately situated behind a set of gates above the famed Chateau Marmont hotel in Los Angeles has listed for sale, asking $29.95 million. Newly constructed, the estate has been pegged as a “modern retreat” boasting all the luxe amenities anyone can think of. Features include panoramic views from Downtown LA to Century
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising
A home of the late, great actress Greta Garbo is now for sale in California. Set atop a hillside and offering generous outdoor space, the Swedish-American screen legend’s previous Beverly Hills pad is currently asking for $12 million. Set on a 15,080-square-foot lot, the 4,675-square-foot home offers sweeping 180-degree views, with visibility from Los Angeles
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Should you get into house flipping? #shorts Are you wondering how to buy a home in Atlanta? Reach out, I’d love to be of assistance. ___________________________________________________________________________ Make sure to subscribe as I will be posting more and more new Atlanta homes for sale as well as Atlanta home walkthroughs. I also highlight new construction. ___________________________________________________________________________
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