Finding great REITs can be a daunting task, especially during a pandemic like the one we’re living in right now. Lost in the uncertainty, few investors recognize that now is actually the time to act. It’s time to take advantage of mispricing opportunities in order to build a portfolio of “everlasting gobstopper” income. In order
Real Estate
Mortgage rates written on a model of house. Getty The threshold many thought could never be crossed, has been crossed. The average interest rate for a 30-year mortgage dropped below 3%, as Freddie Mac reported yesterday, settling in at 2.98% for the week that ended July 16th. For a 15 year loan the average rate
Manhattan, and its priciest apartments, fared the worst in the StreetEasy analysis. Getty With demand falling during the coronavirus pandemic, rents in Manhattan fell for the first time since the Great Recession during the last quarter, according to an analysis from New York City listing site StreetEasy. Nearly 35% of Manhattan rentals were discounted, with
The latest HouseCanary market report, an analysis of public records and 200 multiple listing … [+] services, shows that for the week ending July 12 the volume of listings under contract tumbled 15.3% nationally from the preceding seven days. Getty The recent rise of coronavirus cases may stifle the so-far brisk recovery of the housing
The facade of this Brentwood home served as the Miami residence of The Golden Girls when it … [+] premiered in 1985. Brandon Valente, Brandon V Photography Get out the cheesecake: a mid-century home in Los Angeles that served as the exterior for cherished 1980s TV sitcom The Golden Girls has hit the market for