Bitcoin, Ethereum, Tether, Dogecoin, and Cardano are just a handful of the digital currencies that have been slowly edging their way into our financial system as the cryptocurrency craze spreads throughout the globe. People are using these forms of digital money to purchase everything from hamburgers to hotel rooms and now, apparently, even the American…
Will Cryptocurrency Buy Your Next Home?
March 28, 2022
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News Clip: How The Fed’s Rate Hike Will Impact You
March 17, 2022
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The Federal Reserve is increasing interest rates by a quarter of a point. From credit cards to car loans, a look at how the rate hike could impact your wallet. Jerome Powell, Federal Reserve Chairman：”The committee is determined to take the measures necessary to restore price stability.” Ed Moya, Senior Market Analyst, Oanda：”Getting loans, getting…
Homeowner Suing Michigan County Over Home Equity ‘Theft’ Appeals to 6th Circuit
March 16, 2022
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A widow is appealing to the U.S. Court of Appeals for the 6th Circuit, a court ruling dismissing her claim that local governments in Michigan seized her family’s home over a tax debt and then refused to compensate her for the home equity in the property that she lost. The unfavorable ruling came despite the…
Miami Ranks Least Affordable US City, Edging Out the Big Apple
March 10, 2022
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Miami has always been a world-renowned tourist destination with its pristine white-sand beaches, palm trees, warm tropical climate, and exciting nightlife. But now the second-largest populated city in Florida is also famous for being ranked the least affordable housing market in the United States—even surpassing New York City. RealtyHop’s Affordability Index Report analyzed the median…
Over 95 Percent of US States Saw Hefty Rent Hikes Since Last Year
A new rent report just released by Rent.com indicates that 95 percent of U.S. states faced significant rent increases over 2021. The cost for one-bedroom units increased by an average of 22.6 percent, while two-bedroom units experienced hikes of around 20.4 percent. Rent.com, an apartment search engine and online marketplace catering to Millennials, is owned…
Utah, Nebraska, South Carolina Communities Top List of Best Markets for First-Time Homebuyers
January 23, 2022
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What do Magna, Utah, Mauldin, South Carolina, and Cottage Grove, Wisconsin have in common? All three of these unassuming communities are listed on Realtor.com’s first annual “Top 10 Best Markets for First-Time Homebuyers Report.” Magna, a Salt Lake City suburb with a population of 26,500 (2010 Census) actually snagged the number one spot on the…
Chaos in San Francisco Is Catalyst for New Business Helping Residents to Leave
When Tony Bennett first crooned “I Left My Heart in San Francisco” back in 1962, no one had any idea that the popular “City by the Bay” would one day become an urban center so wrought with skyrocketing home prices, crime, and homelessness that even long-time residents are now joining an ever-growing exodus. After living…
Why Your Return From Home Equity Is Always Zero
Commentary Now that holiday gifts and toys are in the past and you’ve probably stepped on your last stray Lego piece, it’s time to start thinking about financial resolutions. If you’re a homeowner, the terrific price appreciation that you’ve seen recently means there’s a good chance that you’re sitting on a nice chunk of home…
US Home Price Gains Slowed Again in October
U.S. housing prices have continued in their stratospheric rise but at a rate somewhat slower than the pattern from previous months, according to the leading source of metrics on the state of the housing market. On Tuesday, the S&P Dow Jones Indices released its latest data for the S&P CoreLogic Case-Shiller Indices, the leading metric…
Will ‘iBuying’ Ever Replace Traditional Real Estate Sales?
After three successful home sales, Daniel Edwin and his wife were getting ready to sell again, but this time, the Atlanta couple knew they didn’t want to go the traditional route. Worried about the stress of home repairs, an endless stream of showings, and the possibility of buyer financing falling through, the Edwins made the…
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