By Dave Spooner When it comes to investing in real estate, good management is the key to success. It’s the difference between real estate being a daily stressor in your life or an avenue to financial freedom. But rental businesses have many moving parts, and it can be difficult to prioritize your landlord duties when…
ANALYSIS: China’s Eastern Industrial Hub Suzhou May Face Housing Price Collapse Amid Over-Saturated Property Inventory
The number of used homes listed for sale recently skyrocketed in China’s industrial hub Suzhou, prompting a local financial expert to assert that the city’s housing prices would collapse by the year’s end. According to information on Lian Jia, a Beijing-based real estate trade platform, the number of second-hand homes for sale in Suzhou was…
How to Help Your Children Buy a Home
By Emma Patch From Kiplinger’s Personal Finance Given today’s high home prices, many parents these days want to help their adult children buy their first home. One way to do that is through an intra-family loan that works for parents and children. You may be able to offer your child a lower interest rate than…
Commercial Real Estate Could Trigger the Next Big Bank Shock
Commentary Charlie Munger, believed by some to be the real “brains” behind Berkshire-Hathaway, the multinational investment leviathon helmed by Warren Buffet, recently told The Financial Times, “We have a lot of troubled office buildings, a lot of troubled shopping centres, a lot of troubled other properties. There’s a lot of agony out there” in real…
Midwest Rents on the Rise, While California Sees Rents Dip After 2 Years
For the first time in two years, high-priced California rentals have undergone a slight decline, while markets in the Midwest are experiencing an increase in monthly rentals. Realtor.com’s March rental report indicates 14 markets in California have seen year-over-year declines, including Riverside-San Bernardino at -5.3 percent, Sacramento at -2.1 percent, and San Francisco and Los…
7 California Cities on List of Top 10 for Priciest Real Estate
California is home to seven of the top 10 most expensive ZIP codes in the United States, according to a list compiled by Home Bay real estate company. “What the most expensive ZIP codes highlight is just how dire the cost of purchasing a home can become,” the company said in a statement. “They also…
ANALYSIS: Will Commercial Real Estate Be the Next Market to Crash?
News Analysis A storm is brewing in the U.S. commercial real estate market, says Charles Munger, vice chair of Berkshire Hathaway. During an interview, the 99-year-old legendary investor told the Financial Times that U.S. banks have plenty of “bad loans” and will be vulnerable when the “bad times come” and commercial property prices crater. “It’s…
States Protest Biden’s Move to Hike Mortgage Fees for Buyers With Good Credit
Financial officers from 27 states issued a letter to President Joe Biden protesting a new policy from the Federal Housing Finance Agency (FHFA) that increases mortgage fees for some higher-credit borrowers while lowering them for more risky borrowers. This policy, which critics say will penalize people with good credit and encourage risky borrowing, went into…
Housing Supply Not Keeping Up With Immigration, Rents Soar
News Analysis Housing supply is not keeping up with a rapidly growing population and the problem is worsening in 2023, with a downturn in home building underway due largely to higher interest rates. The government’s higher immigration targets and record-breaking year for processing immigration applications are putting greater strains primarily on the rental market. Canada’s…
Three Steps to Research Acquiring Adjoining Property
Dear Monty: In the back of my neighborhood is an abandoned school. It was purchased recently, with a section now being used for a cell tower (the tower is outside my line of sight when looking straight from my back door). I wanted to know how to research the possibility and process of purchasing a…
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