The Tax Benefits of Buying a Condo for For Your Child’ College Housing

 Tax Tips The Tax Benefits of Buying a Condo for For Your Child’s College Housing With real estate prices recovering in many markets, it might make sense to buy a condo where your child can live during college. He or she can live there while attending school, and you can avoid “throwing away” money on dormContinue reading “The Tax Benefits of Buying a Condo for For Your Child’ College Housing”

Consumer confidence in housing market hits lowest in over a decade

Consumer confidence in the housing market dropped to the lowest level since 2011, as both prospective buyers and sellers have become more pessimistic. — Read on http://www.cnbc.com/2022/08/08/consumer-confidence-in-housing-market-hits-lowest-in-over-a-decade.html

In the last decade, a surge in home prices has built considerable wealth for the middle class.

Carmen Reinicke@CSREINICKE Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value to homes. But unless people plan to sell their houses — which can be a difficult feat in a hot housing market — thereContinue reading “In the last decade, a surge in home prices has built considerable wealth for the middle class.”

REAL ESTATE

Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling PUBLISHED MON, JUN 6 20223:03 PM EDTUPDATED MON, JUN 6 20224:24 PM EDT Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK The amount of money mortgage holders could pull out of their homes while still keeping a 20% equity cushion rose by an unprecedented $1.2 trillion inContinue reading REAL ESTATE

Bank Over Draft Fees

There’s one ‘surprising similarity’ between those who pay bank overdraft fees and those who avoid them Published: Jan. 11, 2022 at 5:20 p.m. ETBy Andrew Keshner1 Bank of America plans to end its $35 ‘non-sufficient funds’ fees next month, and will drop overdraft fees to $10 from $35 Are you still paying overdraft fees? Bank ofContinue reading “Bank Over Draft Fees”

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

NationalEmployerAugust 30, 2021 Matthew Rothstein, Jarred Schenke, and Bianca Barragan The commercial real estate industry is aware of its lack of racial diversity, and many of its biggest companies say they are working to grow the pipeline of people of color into the business. But one oft-cited source of potential employees doesn’t have the infrastructure to support that pipeline at present —Continue reading “The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System”

The Importance of Understanding Interest

The Importance of Understanding Interest It’s one thing to know what interest is. It’s another to truly understand how interest works. Understanding interest is so important because it can have a considerable impact on your entire financial picture. The most important thing to know about interest is that not all types are created equal. The way youContinue reading “The Importance of Understanding Interest”

Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”