Realtor

Journal Club 12-30-22 – Passive Income MD

Here’s Journal Club 12-30-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • We keep hearing that the US Dollar is the strongest it’s been in the past 20 years. But what does that mean for you? Well, according to the Physician on FIRE, there are a few things you could do to take advantage of the strong dollar while it lasts… The author shares more about it in the article – Top 5 Ways to Take Advantage
Realtor

Realtors predict California home prices will drop 9% in 2023 – Orange County Register

For years, priced-out homebuyers sat on the sidelines, praying for a market reversal to bring housing costs down from the heavens.

Next year, their prayers might be answered – sort of.

Home prices and sales both are projected to drop in 2023, according to a new California Association of Realtors forecast released today.

However, prices will still remain relatively high, and for those using a mortgage, homes will be even less affordable in 2023 than this year thanks to rising interest rates.

The median price of an existing California house will drop 8.8% next year, falling to $758,600, the CAR

Realtor

Journal Club 10-14-22 – Passive Income

Here’s Journal Club 10-14-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Many of us would agree that images or visuals help us understand an idea better or help us remember things clearly. What if you could apply the same principle to the world of personal finance and for achieving your financial objectives? Well, that’s a possibility, and The White Coat Investor shares more about it in the article – Visualizing Your Way to Wealt
  • More often
Realtor

Journal Club 08-26-22 – Passive Income

Here’s Journal Club 08-26-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • By now, most of us are aware that by implementing a few key steps, anyone can begin their journey to financial independence and early retirement. But the question is, how do we know if we’ve achieved this milestone? Dr. FIRefly answers this fascinating question and discusses different types of financial independence in the article – Am I Financially Independent Yet?
  • What comes to mind when
Realtor

Journal Club 09-30-22 – Passive Income

Here’s Journal Club 09-30-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Are you wondering if you should open a 529 account to fund your child’s K-12 education? Or debating whether a Roth IRA or 403(b) would be a better fit for you? Well, The White Coat Investor addresses these questions and more around investing in – 529s, I Bonds, TIPS, S Corps, ETFs, and 403(b)s. Check it out. There’s a little something for everyone in there.
Realtor

The housing market is showing signs of a rebound

Miami house for sale

Alan Diaz/AP

  • S&P CoreLogic’s national home price index climbed in April from the prior month, marking three straight gains.

  • Miami, Chicago, and Atlanta saw the steepest annual price gains in March, data showed Tuesday.

  • “If I were trying to make a case that the decline in home prices that began in June 2022 had definitively ended in January 2023, April’s data would bolster my argument.”

The housing market is showing more signs of a rebound, with home prices climbing for three consecutive months.

The S&P CoreLogic Case-Shiller national home price index was up 1.3% in April from the prior month

Realtor

Mortgage rates are shooting up again, raising home ownership costs

Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months.

The average rate on a typical 30-year mortgage is now 6.91%, up from 6.69% a week ago, the Mortgage Bankers Association (MBA) said Wednesday. The average rate on a 15-year home loan increased to 6.41% from 6.15% a week ago.

Buying a home is cheaper than renting in only 4 US cities. Here’s where they are.

Mortgage costs are rising in large part because the Federal Reserve’s year-long campaign to tame prices by lifting its benchmark rate has yet to bring

Realtor

Is Real Estate a Good Investment in 2023?

It’s no secret that investing in real estate is an excellent way to build long-term wealth as property prices tend to increase over time. But given the current economic conditions, it’s natural to have second thoughts about whether real estate is still a good investment this year.

Historically, the housing market has been one of the most influential and lucrative investment opportunities in the past decade, even more so in recent years. However, as investors, we also understand that no market stays hot forever. High-interest rates, growing inflation, recession, and many other factors can further interfere with our decisions to