Courts, regulators tackle whether ‘sale-leaseback’ deals are actually loans
Randee Noggle bought her house in Michigan for $151,000 in 2018. She paid cash, with inheritance left by her grandmother. During the pandemic, her family fell on hard times. Her husband’s income working in the restaurant industry dropped, and Noggle was dealing with health issues. Her disability benefits and leftover inheritance weren’t enough to cover […]
Apartments Could Be the Next Real Estate Business to Struggle
Owners of some rental buildings are starting to struggle because of rising interest rates and waning demand in some once booming Sun Belt cities. It might seem like a great time to own apartment buildings. For many landlords, it is. Rents have soared in recent years because of housing shortages across much of the country […]
Renowned housing analyst who predicted the 2008 home price crash weighs in on the current market
To better understand Bill McBride’s perspective on the current housing and economic cycle, ResiClub reached out and conducted a Q&A with him. Years before the housing bubble burst in 2008, housing analyst Bill McBride began chronicling the troubles in the U.S. housing market in his blog Calculated Risk. Not only did he predict the crash, but […]
