(Bloomberg) — Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor. Now that housing prices are again at historic highs, Kiesel is thinking of selling again. Can he be […]
Wonder why there has been such a short supply of housing and it’s been getting more and more expensive? You can blame part of this on large corporate speculators, such as Zillow. The company discovered belatedly that home prices don’t go up forever and, as a result, will lose $550 million and 25% of its […]
Editorial Comment – Hmm, print historically unprecedented amounts of fiat currency then prices rise and stay there…who could have seen this coming? 😉 Soaring gas prices, staff shortages, a lack of ships — price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory. — Read on www.reuters.com/article/global-markets-inflation/analysis-from-chips-to-ships-shortages-are-making-inflation-stick-idUSL8N2QV1GH
Average home prices in Northwest Arkansas are increasing faster than wages as area home inventories continue to decline, according to a new real estate report. Meanwhile, the low inventory has led residents to lease multifamily housing, resulting in rising rents and falling vacancy rates. The area has been a popular destination for those who appreciate […]
(Bloomberg) — U.S. home prices rose the most on record in the second quarter as buyers battled for a scarcity of listings.The median price of an existing single-family home jumped 23% from a year earlier to an all-time high of $357,900, the National Association of Realtors said in a report Thursday. About 94% of 183 […]
Waitstaff are making $120,000?! During my university days, granted they were some years back, I got $2.14 per hour plus tips. Not even award-winning celebrity chef Wolfgang Puck is immune to the labor shortage plaguing the restaurant industry. — Read on finance.yahoo.com/news/wolfgang-puck-waiters-make-120000-a-year-but-i-cant-find-them-163442777.html
Tired of all the high prices, noise and pollution and looking for an escape from the big city? How about moving to the Japanese countryside for free? — Read on www.yahoo.com/news/more-8-million-empty-homes-103413523.html
Salt Lake City is building a tiny home village to address homelessness. Is it just a quick fix for an economic hiccup, or is it the beginning of a new long-term housing trend prioritizing reconnection with community instead of material accumulation? Read more below. Source: Salt Lake City is building a tiny home village with […]
Dark clouds are on the horizon for distressed homeowners, but there may be a silver lining for future investors. Read more on Yahoo at the below link: Source: 40 Cities That Could Be Poised For a Housing Crisis
Separating emotions from monetary value and planning ahead are key to a smooth estate transition, according to an expert who has helped many families across the US through the process. — Read on www.marketwatch.com/story/what-to-do-when-you-inherit-your-parents-stuff-and-you-dont-want-it-2020-07-14