To Wait or not to wait? That is the question.
Interest rate increases and financial market uncertainty have caused many to push the pause button on their home purchase journey. Why? Interest rates are still very low, relatively speaking. In the 1980’s rates were three times higher. Believe it or not, people were purchasing homes at the time. Those people are still here and eager […]
Twitter Latest Big Tech Firm to Cut Office Space
Twitter announced this week it would close one of its San Francisco offices and shrink its New York City office footprint in a move to save money and embrace more remote work. The company told employees in an email that it will vacate one of its San Francisco offices in a building close to the […]
Why Combining Real Estate Expertise With Financial Planning Is A Winning Combination
Although my articles usually focus on business leadership and entrepreneurship, my experience in corporate America prior to joining the Navy SEAL teams and the master’s degree following my service are all in real estate finance, investment and development. As an entrepreneur and business owner, I also find it prudent to also stay apprised of the […]
Experience Matters: Estate Planning and Real Estate
Why is it important for you as an attorney, estate planner, trust administrator, or SNT trustee to have a go-to real estate professional assisting you with your client’s real estate needs? Because having the right real estate professionals representing your firm matters when it comes to helping you build or maintain your client’s legacies through […]
US existing-home sales prices tally new record after topping $400K
Total sales of existing homes, condos and co-ops dropped 3.4% between April and May to a seasonally adjusted rate of 5.4M, according to new data from the National Association of Realtors. Sales of existing homes fell for the fourth-straight month in May, according to data released Tuesday by the National Association of Realtors. Total sales […]
IGNORE THE MEDIA — THE HOUSING MARKET ISN’T CRASHING
It seems like every day I’m reading fearful articles about a looming housing crisis. Forbes wrote: “Pending Home Sales Plunge to Lowest Level in Nearly a Decade.” Seeking Alpha posted: “The Air Is Coming Out of the Housing Bubble.” Fortune warned: “The Cooling Housing Market Enters Into the Great Deceleration.” Many Americans are looking for answers. Google […]
Real Estate and Your Estate Plan: How Does It Work?
It’s a subject most people don’t like to talk, read, or even think about. But it’s a necessity to be dealt with: What happens to your home when you die? When you pass away or become incapacitated, managing your final wishes can be devastatingly emotional and messy for your loved ones. So it’s important to sit down and […]
Cushman & Wakefield Report Highlights the Inflation Challenges Facing Real Estate Tenants
Rising interest rates could lead to reduced commercial real estate leasing for certain property types for the next several years, according to a new Cushman & Wakefield report on inflation’s impact on real estate occupiers. Most measures of inflation are at levels not seen in decades, and the report notes that the increased costs of labor, materials, […]
How Homeownership Can Keep You on the Right Side of the Widening Wealth Gap
Inflation is being felt in every sector of our economy right now and while the cost of living and basic necessities like gas and food continue to rise, wages are trailing behind. Some experts say we may be headed into a recession which will inevitably widen our wealth gap even further. One of the best […]
Order Up! Independent Restaurants Are Recovering From the Pandemic
If you noticed that your local restaurants are looking fuller these days, you’re not alone. After the pandemic plummeted restaurant activity and forced many mom-and-pop eateries to close, a report from The NPD Group shows that independent restaurants are experiencing quite the upswing. Independent restaurant locations, or restaurants that aren’t associated with a corporate chain (and only […]
Thinking about selling your home? This may be the time
Home prices are at record highs and still rising, but there are some early indications that the market may be starting to cool. For sellers looking to get top dollar for their home, the time to sell is now. But homeowners are still holding back from listing their homes, said Jeff Tucker, senior economist at Zillow. While the inventory […]
Where Are All the Houses? Understanding Housing Inventory …
Anyone in the market for a new home can probably tell you options are limited right now. As of mid-April 2022, the number of active listings for homes was down 22% for the year, according to the National Association of Realtors. That’s on top of the housing inventory hitting the lowest level ever recorded last […]