Markets > Sale

Why it's a seller's market in real estate

4 days ago   |   By Business Insider

Sellers are cashing in on the coronavirus pandemic's impact on the US real estate market.
Asking prices are up 13% from last year, profits are up 36%, and Zillow says homes are selling at the fastest rate ever recorded.
The typical asking price for a home hit an all-time high in June, and again in July, per Redfin.
Visit Business Insider's homepage for more stories .
It's a record-breaking time to sell your home: Asking prices are up 13% from last year, profits are up 36%, and homes are selling at the fastest rate ever recorded by Zillow.
Though sellers in the top 5% took a hit this...
Read more ...

 

Seth Klarman says he was a 'significant' seller during the market's second-quarter comeback

Seth Klarman says he was a 'significant' seller during the market's second-quarter comeback

4 days ago   |   By CNBC

"For the second quarter, we were significant net sellers as prices rallied strongly," Klarman said
Read more ...

 


Search by Tags

   Sale      Rate      Real Estate      Marketing      Business      Real Estate Market      Luxury      Market  


A Singaporean tech stock has skyrocketed a world-beating 1,100% since the...

A Singaporean tech stock has skyrocketed a world-beating 1,100% since the start of 2019

Singaporean tech giant Sea's stock has ballooned more than 1,100% since the start of 2019. The astounding gain has raised its market capitalization from about $5 billion to $64... Read more ...

ISM Services Index increased to 58.1% in July, Employment Index Declined

ISM Services Index increased to 58.1% in July, Employment Index Declined

The July ISM Services index was at 58.1%, up from 57.1% in June. The employment index decreased to 42.1%, from 43.1%. Note: Above 50 indicates expansion, below 50... Read more ...

A JPMorgan-backed personal finance app catering to children has doubled...

A JPMorgan-backed personal finance app catering to children has doubled users this year. Now it's eyeing ways to let kids play the stock market

Greenlight, the personal financial management app for kids and parents, has seen its user base double since the start of the year. With this growth, Greenlight is building an... Read more ...

Exxon axed retirement and education benefits for US workers to cut costs...

Exxon axed retirement and education benefits for US workers to cut costs amid the oil market meltdown, leaked documents reveal

Challenged by the oil-price downturn, Exxon is taking a number of steps to cut costs. The oil giant is suspending several benefits for US workers, including its matching... Read more ...

Gumroad CEO Sahil Lavingia just debuted a $5 million rolling VC fund with...

Gumroad CEO Sahil Lavingia just debuted a $5 million rolling VC fund with investors including Backstage Capital founder Arlan Hamilton and AngelList founder Naval Ravikant

Sahil Lavingia, CEO of Gumroad, announced Wednesday a new $5 million VC fund for pre-seed and seed companies, and it has a notable list of backers. Investors in the fund... Read more ...

Wall Street rallies again; S&P 500 pulls within 2% of record

Wall Street rallies again; S&P 500 pulls within 2% of record

NEW YORK - Stocks are rising again in early Wednesday trading on Wall Street, and the S&P 500 is ticking closer to its record high as it tries for a fourth straight gain. Read more ...

Grab has rolled out new products in Southeast Asia to expand into financial...

Grab has rolled out new products in Southeast Asia to expand into financial services

Grab has rolled out an array of new products in Southeast Asia to further expand into financial services. Grab's deep customer base in the underserved market will likely help... Read more ...

Big Tech's record rally is being boosted by coronavirus - and growth rates...

Big Tech's record rally is being boosted by coronavirus - and growth rates are just getting started, BofA investment banker says

Rick Sherlund, Bank of America Merrill Lynch vice chairman of technology investment banking, said COVID-19 has accelerated a digital revolution and has boosted big tech. He... Read more ...

3 ultra-growth fund managers who are crushing the market during a chaotic...

3 ultra-growth fund managers who are crushing the market during a chaotic year told us how they're doing it - including their biggest themes and top picks for the future

Business Insider recently spoke with three growth-focused investment pros who are delivering very strong returns in 2020. Fund managers James Callinan and Chris Retzler, and... Read more ...

MBA: Mortgage Applications Decrease in Latest Weekly Survey

MBA: Mortgage Applications Decrease in Latest Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 5.1 percent from one week earlier, according to data from the Mortgage... Read more ...