Financial Markets - Real Estate Investor Pulse

Real Estate Investor Sues Broker For $3.35 Million Invested in GHOST THE MUSICAL

February 25, 2023 Allen Santos Comments Off

A real estate investor is suing a Wells Fargo Advisors broker for $3.35 million, claiming he was encouraged to invest that money into a musical revival of the 1990 film “Ghost”, and now the money […]

Fundhomes appoints Ryan Feit as Strategic Advisor

February 25, 2023 Allen Santos Comments Off

Fundhomes announced that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that […]

Three New England Markets Experience Sharp Increase in Rents

February 25, 2023 Allen Santos Comments Off

Three housing markets in the U.S. Northeast are dealing with rent spikes even as the nation’s rental crisis showed signs of moderation in January. Renters in Springfield, Massachusetts paid an average of about $1,615, […]

Dow drops more than 400 points as a hot inflation report rattles Wall Street: Live updates

February 24, 2023 Mark Paul Cervantes Comments Off

U.S. stocks fell sharply Friday after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in prices last month. The Dow Jones Industrial Average fell by 472 points, or 1.4%. The S&P 500 and Nasdaq Composite slid 1.6% and 2.0%, […]

Stock market news today: Stocks gain after back-to-back losses for S&P 500, Dow

February 23, 2023 Mark Paul Cervantes Comments Off

U.S. stocks scrambled firmly higher Thursday as Wall Street looked to rebound from four consecutive days of declines for the S&P 500 (^GSPC). The benchmark U.S. equity index climbed 0.8%, while the Dow Jones Industrial […]

The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble

February 23, 2023 Mark Paul Cervantes Comments Off

The Federal Reserve’s own economists have just warned the US could suffer a recession this year. They’ve raised the alarm about stocks and real-estate prices — which they say are aggressively valued and could plummet […]

Biden admin cuts some mortgage fees amid housing affordability crisis

February 23, 2023 Mark Paul Cervantes Comments Off

Washington, DCCNN — The Biden administration announced Wednesday a change that will save an estimated 850,000 home buyers — primarily low- and middle-income and first-time buyers — an average of $800 on home financing costs this […]

With inflation still the focus, Fed minutes show openness to higher rates endgame

February 23, 2023 Mark Paul Cervantes Comments Off

WASHINGTON, Feb 22 (Reuters) – Nearly all Federal Reserve policymakers rallied behind a decision to further slow the pace of interest rate hikes at the U.S. central bank’s last policy meeting, but also indicated that […]

Stock futures are slightly higher as investors brace for Fed minutes: Live updates

February 22, 2023 Mark Paul Cervantes Comments Off

Stock futures ticked up slightly on Wednesday as Wall Street braced for the Federal Reserve’s latest meeting minutes and more insight on the central bank’s future hiking agenda. Futures tied to the Dow Jones Industrial Average added […]

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

February 22, 2023 Mark Paul Cervantes Comments Off

On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the […]