AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand. [...]
Higher-than-expected inflation data has made top Federal Reserve officials cautious about reducing interest rates too soon. The Fed is determined not to repeat past mistakes of loosening prematurely. Markets now [...]
A positive shift is anticipated in residential real estate trends, setting the stage for market improvements. The consumer price index (CPI) is crucial, with rent CPI nearly double the regular [...]
Home shoppers are debating whether to buy now or wait for lower mortgage rates. Delaying could lead to increased competition and higher prices. Some buyers are focusing on finding affordable [...]
Reverse mortgages cater to those 62 or older, converting home equity into cash. Borrowers can access funds as lump sum, line of credit, or monthly payments. [...]
To lower mortgage costs, consider a buydown interest rate where you pay more upfront to reduce the interest rate. There are permanent and temporary buydown options, each with pros and [...]
Inflation reports in mid February exceeded expectations, leading to immediate mortgage rate hikes. After raising the federal funds rate 11 times, the Fed aims for 3 quarter-point cuts by end [...]
The Fed has succeeded in bringing down inflation, which is a rare accomplishment in economic history. The central bank aims for a "soft landing" in 2024, cutting interest rates to [...]
The IRS allows you to deduct mortgage interest on your federal tax return if you itemize. The deduction is limited to interest on the first $1 million of mortgage debt [...]
CalHFA allows financing up to 96.5% of the home's purchase price with low down payment and lenient credit requirements. CalHFA assistance programs: – MyHome: Provides up to 3.5% deferred-payment junior [...]