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Added on the 17/05/2019 11:07:23 - Copyright : Wochit
Donald Trump Jr. had considered running for an open Senate seat in Wyoming last year--but decided against it. Instead, Business Insider reports the eldest son of President Donald Trump and girlfriend Kimberly Guilfoyle are looking at real estate in Florida. The eldest son of President Donald Trump has sparred with Rep. Liz Cheney (R-WY) over his father's foreign policy agenda in the past. But while Wyoming strongly leans Republican, he lacked roots in the Western state, which is also the least populated state in the US. White House advisor Ivanka Trump is thought of as a potential Republican challenger to GOP Sen. Marco Rubio of Florida in 2022. Ivanka Trump and husband Jared Kushner are also house-hunting in Florida, where her father and stepmother plan to relocate shortly.
Ending a six-month run of spiraling demand, sales of existing homes in the US contracted in November. It's being read as a signal that rising prices and historically low supply is finally slowing the housing market's rally. According to Business Insider, the National Association of Realtors says home sales fell 2.5% last month to a seasonally adjusted annual rate of 6.69 million. The median price for existing homes fell to a six-month low as well, dipping month-over-month to $310,800 from $313,100. Even so, the pace is still up 25.8% from the year-ago period.
Beijing, Dec 14 (EFE/EPA).-Housing prices in China remained stable in November, with slower month-on-month growth in home prices in major cities, according to data from the National Bureau of Statistics (NBS) on Monday. New home prices in four first-tier cities, which are Beijing, Shanghai, Guangzhou and Shenzhen, rose 0.2 percent month-on-month in November, 0.1 percentage points slower from October. (Camera: WU HONG).B-ROLL OF BUILDINGS IN BEIJING, CHINA.
If you think actively investing in real estate is all about money in the mailbox, think again. Business Insider reports seasoned real estate investors say the business is anything but passive. In fact, sometimes it can be as demanding as a job. I think one of the biggest misnomers about real estate investing is that it's passive investing. People think that they're just going to get mailbox money, and real estate is not that. Becky Nova Investor and landlord Also, real estate is about the long haul--sometimes decades, rather than months. If you want faster returns, don't become a landlord or a house flipper. Finally, dabblers beware. Learning about real estate takes time, effort, money, commitment, and experience. Good luck!
The price of US housing in the third quarter of 2020 saw the biggest year-over-year jump since 2013. Markets Insider reports the median price for a single-family home rose 12%, mainly fueled by record-low mortgage interest rates. But there's a downside: Not every American is benefitting from the rally. In fact, Q3 saw the proportion of first-time homebuyers drop to just 31%. That's the lowest share in over 30 years. As home prices significantly outpace median family income growth, more Americans have been pushed out of the housing market and have had to delay homeownership.
For investors looking for a stable stream of income, CDs and bonds are a good place to start. According to Business Insider, although the two financial instruments have much in common, they are distinctly different in several key areas. For example, CDs are insured by banks--bonds are not. Bonds are traded on the open market--CDs are not. Bonds can be liquidated quickly, but CDs tie up your money. Government-issued bond yields aren't taxed. But if you are in, say, the 24% tax bracket, you'll be taxed $24 for every $100 you earn in interest on your CD. Also, bonds have long-term maturity dates, from at least 10 to as long as 30 years. However, CDs usually mature within five years.
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