NY nightly rentals plummet 90%, rents skyrocket

NY nightly rentals plummet 90%, rents skyrocket

  In every nightly rental discussion throughout the country, there is this theory that nightly rentals are increasing rents and pricing out locals.  How true is this statement?  What happened in NY when nightly rental were severely restricted?  What has happened in...
Will Buy now pay later derail real estate?

Will Buy now pay later derail real estate?

Last week I asked all of you what impact does Phantom Debt (like buy now pay later) have on the economy and real estate?  The real estate pros have spoken and as you can see from the chart above, the majority (58%) think that phantom debt is increasing credit scores...
Phantom debt soars, what does this mean for real estate?

Phantom debt soars, what does this mean for real estate?

  Consumer spending in the world’s largest economy has been so resilient in the face of stubbornly high inflation that economists and traders have had to repeatedly rip up their forecasts for slowing growth and interest-rate cuts. How are consumers still spending...
Foreclosures on the rise, is this a blip or trend?

Foreclosures on the rise, is this a blip or trend?

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity Has continues to ramp up throughout the year. According to real estate data provider Attom, homebuyers may face more challenges heading into 2025.  Why are foreclosure...