Homeowners Are Fueling Record Home Prices, Economist Says: 'Only A Decline In Mortgage Rates' Will Help Improve Affordability [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
According to CoreLogic S&P Case-Shiller Index data, price increases are largely driven by existing homeowners leveraging their accumulated equity, worsening affordability challenges for first-time buyers. The index reported a 6.3% year-over-year increase in home prices nationally in April, following a peak of 6.5% in the previous two months. While the pace of growth has slowed slightly, prices are still at all-time highs, now 4% above their June 2022 peak. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." This high-yield real estate fund, offering an 8% yield , makes earning passive income easier than ever. "As witnessed over the last couple of years, home prices have been largely impervious to higher mortgage rates and soaring homeownership costs in many markets and particularly for
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AAPL
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- 5/17/24 - Form 4
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