Investor
Weely Real Estate News

Q3 Investor Home Purchases at 7-Year Low

Investor purchases of residential properties plummeted by 29.7% year-over-year during the third quarter, according to new data from Redfin (NASDAQ:RDFN). Investors purchased 48,667 homes between July and September, or 15.9% of all homes sold during […]

Billionaire
Housing Bubble

Billionaire investor Jeff Greene made $800 million betting against the last housing bubble. He just rang the alarm on US real estate.

Property billionaire Jeff Greene has sounded the alarm on commercial real estate. Offices will be hit hard if recession strikes and AI eliminates some white-collar jobs, he said. Greene pocketed about $800 million by predicting […]

commercial real estate
Commercial Real Estate

Warren Buffett’s business partner warns of a credit crunch in commercial real estate – and says it’s a tough time to be an investor

A credit crunch has gripped America’s Commercial real estate (CRE) sector, and investors face a tricky combination of fierce competition and downward pressure on asset prices, Charlie Munger has warned. “Every bank in the country […]

Fed
Financial Markets

The Fed ‘screwed up’ by letting zero interest rates go on for too long, billionaire investor Sam Zell says

The Federal Reserve’s mistake when it came to fighting record-high inflation was not acting fast enough and letting zero interest rates linger for far too long, according to real estate investor Sam Zell. The billionaire […]

Michael Burry
Financial Markets

‘Big Short’ investor Michael Burry brushes off the latest US banking crisis: ‘I am not seeing true danger here’

Michael Burry, the legendary investor who called the 2008 housing market crash, dismissed concerns around the financial turmoil caused by Silicon Valley Bank’s demise. “This crisis could resolve very quickly. I’m not seeing true danger […]

Weely Real Estate News

Australians unleash on The Barefoot Investor over his brutal advice as they struggle to pay off their mortgages: ‘I’ve started lining up at food bank so our children can have fruit and bread’

The post Australians unleash on The Barefoot Investor over his brutal advice as they struggle to pay off their mortgages: ‘I’ve started lining up at food bank so our children can have fruit and bread’ […]