Barbara Corcoran Says Housing Prices ‘Are Going To Go Through the Roof’ — But When? lolita, 01/09/2025 Kathy Hutchins / Shutterstock.com If you’ve been in the market to buy a home, you’re likely in a tough spot. While you may be tempted to wait for interest rates to drop, if you wait too long, you could be dealing with a surge in home prices. Check Out: Housing Market 2024: Avoid Buying a Home in These 25 Texas CitiesRead Next: 8 States To Move To If You Don’t Want To Pay Taxes on Social Security During a Fox Business interview, real estate entrepreneur and “Shark Tank” star Barbara Corcoran shared her prediction for when home prices will rise, how much she expects them to increase and more. Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity. Lower Interest Rates Will Mean Higher Home Prices We’re currently experiencing a “bottleneck” in the real estate market, Corcoran said, but this won’t last forever. “Sellers don’t want to move from their apartment or their home because they don’t want to take on higher interest rates,” she said, “and buyers are too afraid [to buy] because they are getting less house [for the price]. So you’ve … Continue Reading
Longtime Virginia Dragstrip Hits The Real Estate Market lolita, 23/08/2025 The Custom T’s Motorsports Park, formerly known as Colonial Beach Dragway in Northern Virginia, was listed this week with agent Exit Realty Expertise, for an asking price of $4 million. The 1/8-mile dragstrip, which has been in operation since 1960, is owned by veteran grudge racing promoter Larry Thompson, who took over the facility in 2018. The track carries the name of Thompson’s successful custom screen printing business, Custom T’s, which he founded in 1987 in Washington, DC The 50-acre facility in Colonial Beach, population 3,900, is located less than two miles from the Maryland state line and the Potomac River, and is a short drive from DC Richmond, and Virginia Beach. Your traditional small-town track, it features all of the essentials without the frills: new scoreboards, freshly paved return road, some limited paved parking, an office and concession building plus other storage outbuildings, covered dining tables, and of course the timing tower , timing system, concrete barrier walls, and simple grandstand seating. At about 26-grand a month over 30 years before taxes and insurance, whether this Virginia dragstrip is worth the $4 million asking price is up to the discretion of an interested buyer. But we certainly join the … Continue Reading
Engaging Agriculture: UNL releases preliminary farm real estate market survey results lolita, 16/08/2025 According to the preliminary results of the 2024 Nebraska Farm Real Estate Market Survey, the market value of agricultural land in Nebraska increased by 5 percent over the previous year to an average of $4,015 per acre. This marks the third consecutive year of increases in the market value of agricultural land in Nebraska, setting another high in the non-inflation-adjusted statewide land value in the survey’s 46-year history. The University of Nebraska-Lincoln’s Department of Agricultural Economics annually surveys land industry professionals across Nebraska, including appraisers, farm and ranch managers, agricultural bankers, and related industry professionals. Results from the survey are divided by land class and summarized by the eight Agricultural Statistical Districts of Nebraska. The 2024 preliminary results revealed that most of Northwest Nebraska’s agricultural land values were higher for the February. 1, 2024, reporting year. The northwest region includes Banner, Box Butte, Cheyenne, Dawes, Deuel, Garden, Kimball, Morrill, Scotts Bluff, Sheridan and Sioux counties. The average farmland value in the region is estimated to be $960 per acre, which is 3 percent higher than the previous year. Table 1 reports the eight major types of land reported in the survey and the average value of each type for the … Continue Reading
Real estate agent defends ‘parasitic’ listing lolita, 01/08/2025 A rental property raised eyebrows last week when it was listed at a modest $375 per week for a large family sized home with two bathrooms. Upon closer inspection, the listing was advertising individual rooms for the low price — with larger rooms on offer for $450 with a total of five rooms available. The listing sparked controversy with the real estate agent forced to defend what some have labeled a “parasitic” listing in a desperate rental environment. “She’s basically clickbaiting people,” director of Perth-based Contessi Properties Paulette Contessi said in a TikTok video. She said a five bedroom, two bathroom home in that suburb should probably rent for about $900. “There is nothing illegal about it, but it is extremely unethical,” Ms Contessi told news.com.au. She said renting individual rooms was “very unusual and it is not the job of a property manager”. “We don’t run boarding houses,” she said. She said a “desperate” rental situation in Perth resulted in these “parasitic and unethical” rental listings, and referenced other extreme examples including a woman leasing out her veranda and a man putting his shed up for rent. The property in the family friendly suburb of Gwelup, Perth was listed … Continue Reading
Tara on Queensland’s Western Downs a drawcard for affordable housing and mortgage-free living lolita, 29/03/2025 As a full-time kitchen hand paying $500 a week in rent, Donna Burn was struggling to make ends meet. She and her husband, Peter Burn, were “working their guts out” just to afford living costs at their Beenleigh rental, south of Brisbane. “Rents were getting astronomical — we were just struggling with the rents with both of us working and paying bills as well,” Ms Burn said. But after a compensation payout, the pair looked at life differently. They found a three-bedroom house for sale at Tara, 300 kilometers west of Brisbane, which they bought outright for $150,000 in September 2023. The town is still recovering from last year’s bushfires which destroyed 57 homes. Tara also made international headlines with the deaths of police constables Rachel McCrow and Matthew Arnold, who were killed in an ambush at a property at Wieambilla, just outside of Tara in 2022. Donna Burn … Continue Reading