It is a lot harder to find an inexpensive home to buy and flip in today’s ultra-competitive housing market, but those who can will make a hefty profit. While home-flipping activity overall dropped in the third quarter of this year, gross returns for flippers soared to the highest level in 20 years, according to a
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A house under construction is seen in Culver City, a neighborhood of Los Angeles on November 21, 2020. Chris Delmas | AFP | Getty Images After three straight months of record highs, homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are starting to experience sticker
The app of Danke Apartment is displayed on the screen of a mobile phone on November 18, 2020 in Yichang, Hubei Province of China. (Photo by/VCG via Getty Images) Liu Junfeng | VCG | Getty Images GUANGZHOU, China — A more than 76% share price collapse for its parent company since its initial public offering
Although a second stimulus plan is still up in the air, the Federal Reserve is determined to push consumer borrowing costs even lower as the economic recovery takes hold — giving everyday Americans a reason to be optimistic. In addition to holding interest rates near zero, Fed Chairman Jerome Powell said Wednesday the central bank will continue
In this Friday, Sept. 21, 2012, photo,a home is for sale in Oklahoma City. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve’s stimulus efforts may be having an impact on mortgage rates. Mortgage buyer Freddie Mac said Thursday, Sept. 27, 2012, the rate on the
A view of East London from an aerial view. As the sun sets its glow is captured on the skyscrapers of Canary Wharf – the second business district of London. Ray Wise | Moment | Getty Images Opportunity abounds for investors looking to seize on distressed real estate assets in the wake of the coronavirus
Getty Images Can’t save a lot? Don’t worry — as little as $100 in savings can be a huge help. Families with more than $100 in savings are better able to avoid high-cost borrowing such as predatory lending and payday loans, and keep utilities on, and they are more financially satisfied than those with less
The CEO of real estate firm CBRE told CNBC on Friday he expects the coronavirus pandemic to have created a lasting impact on offices — but he’s hardly envisioning a doomsday outcome. “You’ll see a hybrid scenario. Lots of returning to the office. We think 80%-plus of that occupancy, if not more, will come back,”