Weely Real Estate News

Home prices keep rising amid a seller’s housing market. So why has new homebuilding hit a crawl?

  Source: USA Today —  By many accounts, we are still in a seller’s market. Home prices continue to rise in nearly all of the U.S. even as mortgage rates climb ever higher. Inventory levels – typically used by housing economists to gauge whether […]

Weely Real Estate News

Redfin Reports A Record Share of Homebuyers Relocate, Driven By Moves Away From Expensive Coastal Areas

  Source: Redfin —  SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — A record 33.9% of Redfin.com users nationwide looked to move from one metro to another in July and August, according to a new report from Redfin (www.redfin.com), the […]

Weely Real Estate News

Don’t Get Burned Claiming Real Estate Professional Status (REPS) You Don’t Deserve

  Source: White Coat Investor —  Lots of high-income professionals involved in direct real estate investing get really excited when they learn about qualifying themselves or their spouse as a real estate professional. The general presumption by […]