An Increasing Number of Homeowners Are at Risk of Selling at a Loss
In This Article There’s no need to pull the emergency parachute and sell all your real estate before prices fall further—at least in most parts of the country. According to a new report from real estate brokerage and listing site Redfin, almost 6% of today’s homeowners are at risk of losing money if they put […]
Can I Hit Financial Independence by 50 with THIS FI Number? (Finance Friday)
Is your FI number TOO high? Whether you are ultra-conservative with your finances or want a lavish retirement lifestyle, setting a high bar could make your financial independence journey much harder…but not impossible. Today, we’ll provide a roadmap for building massive wealth! Welcome back to the BiggerPockets Money podcast! With a six-figure income and a […]
Top 10 Counties with the Highest Number of Foreclosure Initiations
According to the April 2024 U.S. Foreclosure Market Report by ATTOM, there were a total of 31,649 U.S. properties with foreclosure filings, which is a 4% decrease from March and a 4% decrease from the previous year. This means that one out of every 4,453 housing units had a foreclosure filing during this period. The […]
The number of available lots for new homes has decreased compared to the previous year.
According to the most recent New Home Lot Supply report from Zonda, in Q1 2024, there was a tightening of lot supply year-over-year across the U.S. The report notes that lot inventory remains “significantly undersupplied” in most markets, and this trend reflects the increased construction activity in recent quarters. Ali Wolf, the chief economist at […]
IRS predicts a significant increase in the number of audits.
According to a report from CBS News, the IRS is gearing up to increase audits in an effort to crack down on tax evasion and generate more revenue for the U.S. Treasury. This initiative follows the passing of the Inflation Reduction Act (IRA) which allocated $80 billion in new funding. The plan outlined by the […]
An increase in equity investment has led to a rise in the number of Americans investing in Real Estate Investment Trusts (REITs), with nearly 170 million individuals now involved in the market.
A recent study by Nareit suggests that approximately 168 million Americans, representing about 50% of American households, were invested in REIT stocks in 2023. This number reflects a 12% increase from 2022, with more Americans getting involved in equity investing through various financial vehicles like mutual funds, ETFs, and target date funds. The analysis is […]
Thanksgiving by the Numbers
A Unique Perspective: Thanksgiving is a holiday holds a special place in the hearts of many, as it brings families together to celebrate and give thanks for the blessings in their lives. However, Thanksgiving is not only about delicious meals and quality time with loved ones; it also provides an interesting lens through which we […]
More Couples are Using Wedding Registries for Help Buying First Home
According to a recent analysis from Zillow, more couples are using wedding registries to seek financial assistance in purchasing their first home. The data reveals that the number of couples including “home funds” in their wedding registry has increased by 55%. Approximately 20% of couples registered on The Knot, a popular bridal registry site, are […]