What is your opinion on the iBuyer business? Doomed to fail? Or great idea?
We were told the insanity of the housing boom and bust was over. We learned our lesson. Pay down debt. Try to put as much as possible on the down payment. Don’t take risk. That didn’t seem to last very long! The newest multi-billion dollar craze is the iBuyer. No, this has nothing to do with Apple and Steve Jobs. Let’s break it down right now.
Council Post: iBuyers: Is The Convenience Worth The Cost?
The Ever-expanding iBuyer Footprint | ATTOM Data Solutions
https://www.attomdata.com/news/market-trends/the-ever-expanding-ibuyer-footprint/
iBuyer-Infographic-768×1924.jpg (768×1924)
https://www.attomdata.com/wp-content/uploads/2019/05/iBuyer-Infographic-768×1924.jpg
China trade war leads to lower mortgage rates for Americans
https://www.cnbc.com/2019/05/23/china-trade-war-leads-to-lower-mortgage-rates-for-americans.html
The Average Rent Reaches $1,436 in April, with Apartments in Two-Thirds of Cities Renting for Less than the National Average – RENTCafé rental blog
https://www.rentcafe.com/blog/rental-market/national-average-rent-reaches-1436-rental-season-starts/
America’s Largest Cities Are Shrinking
https://finance.yahoo.com/news/america-largest-cities-shrinking-040101410.html
Blackstone, Brookfield among bidders for Anbang’s U.S. luxury hotels portfolio: Financial Times – Reuters