May 16, 2025 - 20:55
In a recent interview, Don Peebles, the founder and CEO of Peebles Corporation, shared insights on the pressing challenges facing real estate investors today. He emphasized that rising interest rates have become a significant concern, impacting investment decisions and market dynamics. Peebles highlighted that these increased rates create a ripple effect, making financing more expensive and potentially cooling off demand in various segments of the market.
During the conversation, Peebles also examined the performance of different income brackets within the real estate sector. He noted that while some areas are thriving, others are struggling to keep pace due to economic fluctuations and changing consumer behaviors. The discussion underscored the importance of adaptability and strategic planning for investors navigating this complex landscape. As the real estate market continues to evolve, Peebles' insights provide valuable guidance for those looking to make informed decisions in an ever-changing environment.
June 16, 2025 - 00:37
Understanding Mortgage Closing Costs Across StatesThe amount needed to pay at closing will vary by state, significantly impacting homebuyers` overall expenses. As mortgage rates hover near 7%, potential homeowners are increasingly focused on...
June 15, 2025 - 01:59
Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...