#investing #reits #yahoofinance #realestate Real Estate Investment Trusts or REITs have been hit by issues such as high interest rates, lackluster return to office, and overall concerns about an economic slowdown. Infrastructure Capital Advisors CEO Jay Hatfield gives his take on the space in the latest Good Buy or Goodbye. Hatfield is buying Boston Properties (BXP) because he believes the stock will rally as interest rates fall and that it has an attractive valuation. He also likes the stock because, even though they do have office properties, Hatfield says they tend to cater to sectors that favor work from the office. A stock Hatfield is avoiding is Prologis (PLD), which […]
Economic uncertainty has dealt a heavy blow to the housing market. A Bank of America survey found over 50% of millennials view homeownership as more important nowadays than in previous generations. However, older millennials specifically are battling housing headwinds preventing them to successfully buy property. Yahoo Finance’s Dani Romero examines the pressing issues facing millennials seeking homeownership, including soaring student loan debt, rising credit card delinquencies, and other mounting costs like child care. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #realestate #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker […]
Real estate sale scams are on the rise as the housing market faces an inventory shortage. In 2022, the FBI received 11,727 real estate/rental scam-related complaints with losses of over $396 million, deepening an already problematic housing sector situation. Yahoo Finance Housing Reporter Dani Romero joins the Live show to discuss how scammers are becoming more clever and using minimal paperwork and online tricks to ramp up attempts at defrauding real estate agents, homeowners, and potential buyers. #youtube #realestate #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help […]
Existing US home sales drooped to a 13-year low in October. National Association of Realtors (NAR) Chief Economist Lawrence Yun breaks down the unique set of circumstances weighing on homeowners and sellers in the US housing market. “The challenge is that with higher mortgage rates, it’s really hurting the first-time buyers from entering the market. First-time buyers, comprising less than 30% of all transactions, it should be closer to 40% in normal circumstance,” Yun tells Yahoo Finance Live. “So we have a divided market: homeowners doing well, yet the potential homebuyers, renters who want to be part of the ownership society, are struggling to get into the market.” For more […]
Home builder sentiment falls again in November for the fourth consecutive month — and the lowest level since December of last year — according to the National Association of Home Builders (NAHB). Yahoo Finance Housing Reporter Dani Romero highlights the challenges homebuilders face in the US housing market as prospective buyers wade through elevated mortgage rates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #realestate #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help […]
Housing market experiencing ‘something of an earthquake’ Recently, a federal court awarded $1.8 billion in damages to U.S. homeowners after The National Association of Realtors (NAR), HomeServices of America — Berkshire Hathaway’s (BRK-A, BRK-B) real estate branch — and Keller Williams Realty realtor firms were found guilty of conspiring to inflate commissions on home sales. With the housing market already in flux alongside elevated mortgage rates, potential homebuyers are unsure of where to turn to. ResiClub Co-Founder and CEO Lance Lambert and Kathy Casey, Coldwell Banker Residential Brokerage Realtor and Broker Associate, join Yahoo Finance to discuss the state of the housing market as well as give advice to potential […]
Mortgage rates are climbing higher, hovering above 7%, paving the way for heightened affordability concerns in the U.S. housing market. National Association of REALTORS Chief Economist Lawrence Yun joins Yahoo Finance anchors Seana Smith and Brad Smith to discuss the path forward for home price easements, beginning with Fed officials starting to cut interest rates. Yun insists higher for longer interest rates are making conditions harder for middle-class homebuyers, stating that Fed’s rate hikes have “[taken] away the American dream.” Yun suggests bold steps be taken to manage supply concerns in the housing market. For more expert insight and the latest market action, click here to watch this full episode […]
Bank of America (BAC) economists say that today’s housing market is reminding them more of the 1980s, not what the U.S. saw in the 2008 financial crisis. The similarities the economists point to include high inflation and high interest rates. However, there is one key difference between the market of today and the market of 40 years ago. Yahoo Finance’s Dani Romero explains what it is in the video above. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management […]
#youtube #stockmarket #news With 30-year mortgage rates sitting high above 7% and mortgage applications slowing significantly, when — and where — will prospective U.S. homebuyers find relief? Redfin (RDFN) CEO Glenn Kelman sits down with Yahoo Finance to explain the factors squeezing Americans out of the housing market, including the combo of elevated mortgage and interest rates, and noticeable regional and generational trends for homebuyers. “Chicago is doing better, Florida is doing better, Texas has mostly been doing better,” Kelman says. “It’s the West that’s really struggling, and especially Oregon and California. People are fleeing high-tax states and that trend has mostly not reversed.” For more expert insight and the […]
#realestate #yahoofinance #interestrates #homebuyers The Fed’s interest rate hikes are putting pressure on potential homebuyers, pushing them out of housing markets more often than not. National Association of Home Builders (NAHB) CEO Jim Tobin highlights the state of the U.S. housing market as housing starts tumbled in June. Tobin considers himself “pro-home ownership” when advising Millennial-age consumers to consider buying a home amid elevated mortgage rates while characterizing the availability of homebuilding supplies as “a game of whack-a-mole.” Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you […]
