Month: March 2023

A technicolor fever dream of the house from “The Brady Bunch” is looking for a new owner.  In the California desert resort city of Palm Springs, this stunning midcentury-modern home has barely been redecorated in 54 years.  Located at 2055 S Joshua Tree Place, the rainbow-themed three-bedroom, three-bathroom property was built in 1969 and visually
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Commuters make their way along a street amid smoggy and foggy conditions early in the morning in Lahore on January 3, 2023. Arif Ali | AFP | Getty Images About 90% of the global population in 2022 experienced unhealthy air quality, and only six countries met the World Health Organization’s recommendations of safe air pollutant
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FHA green-lights the new 40 year home mortgage modification. How might this impact home prices and change the term of mortgages forever. Hear about this and more in our LIVE housing market update. We’re joined by Michael Bordenaro, Beachfront Realty in Miami, Florida to discuss this developing story. #housingmarketnews #realestatenews #40yearmortgage Todd Sachs is a
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Demand for mortgages increased for the second straight week, despite some volatility in mortgage rates. Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.71%
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FHA approves restructure of existing home loans in default, extending mortgage terms to 40 years, allowing mortgagees to further reduce monthly payments. This and more in our housing market update. #housingmarketcrash #realestatenews #mortgagenews Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor. Any information provided in this
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How To Know How Much House You Can Afford Calculate your monthly mortgage payment: https://bit.ly/3AVutFE Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the
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Housing Affordability is at the lowest level in a decade as a major recession indicator just flashed its loudest warning ever as Fed Chair Powell signals higher interest rates suggesting a hard landing could be coming. Will House Prices Crash or Stabilize along with inflation moderating? Will we see the pivot the FED Pivot in
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In December 2022, $1,981 was the typical monthly rent in the United States — a 7.4% increase from the year prior. But while rent has begun to stabilize nationwide, rent affordability remains difficult for many Americans.  “There’s literally nowhere in the country where a tenant is not burdened by their rent,” according to Leah Simon-Weisberg,
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1031 Exchange is an excellent strategy for expanding your investment portfolio without incurring taxes. However, to qualify for this exchange, several conditions must be met: 👉 The properties being sold and purchased must be of the same type or “like-kind” 👉 You must identify the replacement property within 45 days 👉 The exchange must be
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