Mindblown: a blog about philosophy.
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Interest in Rental-Property Investment Rising Among the Wealthy, Survey Finds
Ultra-wealthy individuals are increasingly investing in real estate to diversify their portfolios, with 36% of those with over $5 million in assets now investing in residential rental properties, a rise from previous surveys. Optimism about the economy is growing, with 24% expecting improvement in the next year. Concerns about inflation have decreased, while recession fears…
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Priciest to Buy a House by 2030: Washington
Projected home value: ~$783,000 by 2030. Strong tech sector drives demand.
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The Commercial Real Estate Outlook for 2025
The commercial real estate (CRE) sector has faced significant challenges over the past four years, particularly due to the pandemic, high inflation, and rising interest rates. However, there is cautious optimism for 2025, with expectations of stabilization and growth. Key trends include the rise of e-commerce, hybrid work models, and demand for sustainable buildings. Investment…
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Tips for Turning a Fixer-Upper Into Dream Home
Evaluate the fixer-upper's potential by considering the location and identifying any hidden structural issues through inspection.Ensure the existing layout and foundation align with your vision, focusing on homes that need mainly cosmetic changes.
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Washington: Among the Priciest States by 2023
Arizona’s average home price is projected to reach around $557,853 by 2030. The state’s warm climate and relatively low taxes make it an appealing destination for people relocating from colder states. Population growth is focused in areas like Phoenix and its surrounding suburbs, where housing demand remains high. Arizona’s lower cost of living compared to…
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Can Fed’s Rate Cuts Jumpstart The Struggling Commercial Real Estate Market?
In September, the Federal Reserve cut the Fed funds rate by 50 basis points, potentially benefiting interest rate-sensitive sectors like commercial real estate. Lower borrowing costs could revive deal activity, which had slowed. Analysts suggest that while lower rates aren't a "magic bullet," they could aid recovery in the commercial real estate market. Multifamily properties…
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Whatcom County Market Update
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Should You Buy a House Now or Wait Until 2025?
Homes are selling fast, indicating it’s still competitive.Buy now if you're ready.Buyers are hesitant now, so waiting might be wise if you're cautious.
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Early-Q4: Best Time for Homebuyers
The first week of October 2024 offers homebuyers potential savings of over $14K on median-priced homes. This week may see up to 37% more for-sale inventory compared to the start of 2024.
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Commercial Real Estate Market Enters Normalization Period
The commercial Real Estate market is experiencing a normalization period with stable prices but rising vacancies.Migration to the Sun Belt has slowed, while the Snowbelt is showing improved performance.
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