Realtor

HOW TO THRIVE IN A RECESSION

As we find ourselves on the brink of an economic downturn, it’s normal to be experiencing a little anxiety. The headlines are dominated by news of job losses, syndication deals not meeting projections, and businesses closing up shops, all painting a pretty grim picture of the financial landscape.

The fear many have in times of economic uncertainty often stems from not knowing the future. However, history has shown that those with the right mindset and strategy can succeed during these downturns. Some even look forward to such challenging times with excitement and optimism.

I believe that as a community, we

Realtor

The Hot Wedding Gift This Season? Money, to Buy a House

Published: Jun. 28, 2023 at 5:00 AM CDT

Eighty percent of recent wedding registry creators say that if they were to do it again, they’d include an option for people to gift money toward a new home

SANTA CLARA, Calif., June 28, 2023 /PRNewswire/ — Crock pots and matching linens are out and down payments are in, according to a new survey from Realtor.com® and Censuswide. The research finds that newlyweds would rather skip traditional gift-givers in favor of financial gifts toward the purchase of a home, but many feel obligated to register for traditional gifts they

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7 Practical Tips For Doctors To Expand Your Network

Achieving true wealth requires patience, dedication, hard work, and the determination by doctors to expand their network to increase their net worth to achieve financial independence. Given the ever-increasing demands doctors face as they balance the care of their patients and administrative work, investing in yourself is often missed. One of the best ways to continue investing in yourself is by growing your network. You can do this by attending specialized, curated conferences like PIMDCON.

Attending quality curated conferences can help you stay on top of your game. Putting yourself in the same room as like-minded professionals will challenge, inspire,

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Rent prices in Tampa Bay, other Fla. cities, fall for the first time since the pandemic

TAMPA, Fla. — The Realtor.com® May Rental Report found renters are beginning to see some relief, with the median asking monthly rent in the 50 largest US metros decreasing -0.5% year-over-year to $1,739.

Rent in the Tampa Bay area saw a decline of -4.0%, while there was a -2.3% decline in the Orlando-Kissimmee-Sanford area.

Nationally, rent prices increased $3 from last month but were down $38 from the July 2022 peak. Realtor.com®’s 2023 Forecast Update predicts that rents will continue to drop, averaging -0.9% from 2022.

“In May, we saw the first year-over-year decline in rents, a sea-change from the

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Housing affordability isn’t improving soon as the market faces a decade of undersupply, Realtor.com economy says

homeownership expensive

John M Lund/Getty Images

  • Housing affordability isn’t improving anytime soon, Realtor.com economist Danielle Hale says.

  • Hale expected home prices to dip just 0.6% this year, while mortgage rates might only ease to 6%.

  • The tightness in the market can be chalked up to a decade of housing undersupply.

Housing affordability isn’t improving soon for prospective home buyers, thanks to the high cost of borrowing and the undersupply of homes built over the past decade, Realtor.com’s Danielle Hale says.

In an interview with CNBC on Friday, the chief economist pointed to the precarious state of the housing market, with demand far

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Chiefs star Patrick Mahomes has put KC home up for sale. Take a look inside the house

A year ago, Chiefs quarterback Patrick Mahomes mentioned on a talk show that he was building a new home in Kansas City.

The work must be finished at the new Casa Mahomes, because he has put his other home on the market.

The three-bedroom, 3 1/2-bath house is 4,759 square feet and sits on a 1.4 acre lot, according to Realtor.com. It’s being sold for $2.9 million.

Here is a description from Realtor.com: “Right off of Country Club Plaza, this stunning ranch style home is in the sought after subdivision of Sunset Hill. Sitting on over an acre of land,

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We’re entering a brutal new era for the housing market

Housing market turned upside down

With the benefit of hindsight, we now know the exact moment America’s housing market turned upside down.Arif Qazi / Insider

If you don’t already own a home, you’re going to be screwed for years to come

Attempting to time the housing market is a foolish pursuit. Sure, there are heaps of data, forecasts, and market experts who can offer theories on where home prices or borrowing rates are headed. But no amount of tea-leaf reading can spare you from this harsh reality: Homebuying is ultimately a coin toss. If you’re very lucky, you buy a home right before prices