Realtor

Home Prices Expected to See a Slight Decline

Published: Jun. 22, 2023 at 6:00 AM EDT|Updated: 18 hours ago

Mortgage rates could drop to 6% by year-end, but the total count of home sales is likely to be the lowest since 2012

SANTA CLARA, Calif., June 22, 2023 /PRNewswire/ — Mortgage rate lock-in will continue to be a major challenge for the housing market in the remainder of 2023, according to the Realtor.com® 2023 Forecast Update. While prices have eased slightly, higher mortgage rates are hurting affordability, and many of those who already own a home are not incentivized to list.

Realtor

Journal Club 06-16-23 – Passive Income MD

Here’s Journal Club 06-16-23! 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!


  • Ever wonder how millionaires store and grow their wealth? Do they stash it in hidden places or invest it in various assets? After all, understanding the financial habits of wealthy people can offer valuable insights into our own financial well-being. Would you agree? On that note, The Physician on FIRE shares different strategies millionaires employ to protect and expand their fortune in the article –
Realtor

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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If you are shopping for an affordable beach home, there’s a place in Florida you might like

Affordable beach homes.

Is it possible to include those words in the same sentence? According to the experts at realtor.com, yes, it is possible. In May, realtor.com announced it released its “America’s 10 Most Affordable Beach Towns for Homebuyers in 2023” list and one location in Florida made the cut.

Navarre is a beach community found just east of Pensacola at the far northwestern tip of the state. It features “12 miles of pristine white shoreline. Nestled between the Gulf Islands National Seashore and Navarre Beach Marine Park, this beach community offers solitude and simplicity,” according to visitflorida.com.

Gulfport, Mississippi

Realtor

MLB Legend Chipper Jones Snags Record-Breaking Sale on Georgia Home

former Atlanta Braves great Chipper Jones recently set a real estate record with the sale of his Canton, GA, mansion.

The $11 million final price was the largest recorded sale so far this year in Georgia—and the biggest real estate deal in the Peach State since 2019.

This sale also netted Jones a nice profit: He purchased the ranch in 2018 for $9.25 million. The endlessly luxurious property features 37 acres, eight bedrooms, and 11 baths.

The mansion’s wooden lot includes a fish-stocked, private lake; gardens; a pool; fire pits; and horse stables. In addition to the main house, there’s

Realtor

Journal Club 05-19-23 – Passive Income MD

Here’s Journal Club 05-19-23! 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!


  • With all the worrying talks about a looming recession and market uncertainty, does it still make sense to continue investing in real estate? Are you considering purchasing a property but also skeptical about the whole idea and its consequences? Well, in that case, this post is for you… The Physician on FIRE shares more about it in the article – We Bought a House….In This