Author: josh
Dave:We have made it to the end of 2025, but the housing market continues to change and shift and confuse as it has all year. But today, we are going to make sense of it. This is our December 2025 housing market update. Hey, everyone. It’s Dave Meyer. I’m a housing market analyst and I’ve been a real estate investor for 15 years and I am the head of real estate investing here at BiggerPockets. And it’s hard to believe last housing market update of the year. It has been a truly wild year in the economy and the housing…
Tesla Inc.’s door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain Model 3 vehicles. The National Highway Traffic Safety Administration said it’s evaluating claims that the mechanical door release “is hidden, unlabeled, and not intuitive to locate during an emergency,” according to a filing on the agency’s website. The move stems from a petition filed by Kevin Clouse, a Tesla owner in Georgia who says he was trapped in his vehicle in 2023 and requested a defect investigation. NHTSA said it hasn’t decided whether to grant or deny…
Redfin just called it. The housing market will “reset” in 2026…or at least it’ll be the start of it.Chen Zhao, Redfin’s head of economics research, has 11 predictions she and her team have formulated for the 2026 housing market. A long, slow period of progress could be upon us, as buyers get what they’ve been asking for: better affordability, a more normal market, and the chance to own where there’s work.But what does this really mean? Will mortgage rates fall? Will home prices drop? We’re going through each of the 11 predictions with Chen, discussing prices, rates, rents, refinances, transaction…
A financier has been extradited from the United Kingdom to the United States to face allegations that he cheated investors who were promised monthly 10% gains in what was actually a Ponzi scheme, authorities said. Matthew Melton, 61, of Boulder, Colorado, has remained jailed at a federal lockup in Brooklyn after appearing in court Saturday to face securities fraud and wire fraud charges. His lawyer did not immediately respond to a message seeking comment. Authorities said Melton falsely told at least 20 investors that his investment fund, Price Physics, used a proprietary trading algorithm to invest in futures contracts and…
Key takeaways– When “time is of the essence” is included, contract deadlines become legally binding, not flexible targets.– Missing a deadline can be a material breach of contract.– Buyers and sellers both face real financial and legal consequences.– The clause is optional and negotiable, but powerful once included. In real estate, deadlines matter but not all deadlines carry the same legal weight. When a contract includes the phrase “time is of the essence,” ordinary dates turn into strict, enforceable deadlines. Missing even one can put you in breach of contract, cost you money, or derail the deal altogether. This language…
Key takeaways A Public Improvement District (PID) is a designated area where homeowners pay an additional assessment to fund public amenities and infrastructure. PID assessments are separate from property taxes and may last 20 to 40 years. Several states besides Texas — Arizona, Colorado, California, Florida, New Mexico, Nevada, Utah, North Carolina, and Georgia — use similar special assessment districts. PIDs differ from PUDs and MUDs, and each affects your homeownership costs and community amenities in distinct ways. Buyers should review PID disclosures, assessment schedules, improvement plans, and district maps before purchasing. What is a PID in real estate? A…
Key takeaways A Municipal Utility District, or MUD, provides water, sewer, drainage, and infrastructure in areas that lack city utilities. Homes in a MUD include a MUD tax that helps repay bonds issued to build public infrastructure. MUD tax appears on your property tax bill; however, it is separate from county, school district, and city tax rates. Homestead exemption generally does not reduce MUD tax. Before making an offer on a home in a MUD, Texas buyers should review the MUD disclosure, understand the current tax rate, and confirm whether the rate may decrease. Buying a home in Texas? You…
Dave:2026 is almost here and that means we are still in the swing of prediction season and we got good predictions for you here today. I’m Dave Meyer joined by Kathy Fettke and Henry Washington. And today we’re sharing our boldest predictions and our hottest takes for 2026. We’ve each brought our own ideas about what could surprise investors in the year ahead, what might finally break, and where the biggest opportunities could emerge. Buckle up, this is On the Market. Let’s jump in. Henry, how’s it going, man? How are you? Henry:Fantastic. Good to see you. Good to be…
Seller concessions are closing costs or fees that a seller agrees to cover to help reduce a buyer’s upfront expenses. These costs are negotiated during the offer process, and seller concessions can make a home purchase more affordable without lowering the home’s sale price. In the first quarter of 2025, 44.4% of U.S. home sale transactions included seller concessions — the highest share in several years. Buyer demand and market conditions determine how likely you are to receive seller concessions, but knowing how they work gives you an advantage when you’re preparing an offer. Instead of focusing only on price,…
Bank of America Corp. Chief Executive Officer Brian Moynihan said that artificial intelligence is starting to have a bigger impact on the US economy. “The AI investment’s been building during the year and is probably a bigger contributor next year and the years beyond,” Moynihan said Monday in a Bloomberg Television interview. “AI is kicking in more and more, and so it’s not all attributable to AI, but that’s having a marginal impact that’s pretty strong.” Moynihan, who has led the bank for nearly 15 years, said the firm is predicting a strong economy for the US next year, with…