Mother-daughter real estate powerhouses Dolly and Jenny Lenz give a negative market outlook as homebuyers and sellers are 'plagued' by 'everything becoming so expensive.'
Dolly Lenz Real Estate founder Dolly Lenz and managing director Jenny Lenz talk to Fox News Digital about challenges facing today’s housing market.alike across America, there’s a massive "struggle" being felt to close deals or make any money.
"Which struggle am I willing to take on? And every family has to sit down at the dining room table and decide that," she continued. "It is a struggle and people really are suffering. So it's not a good time for real estate overall." Lenz’ daughter and managing director of the brokerage painted the current housing landscape as "a tale of two cities," joining the warning calls around a sticky real estate market with people who are "plagued" with high prices."We're still doing deals because [clients] have cash. And like they say, cash is king," Jenny Lenz also told Fox News Digital. "But other than the very, very high-end, we are seeing people who are pretty skittish.
A mix of constantly changing insurance coverage and the Federal Reserve's latest rate hike pushing 30-year fixed mortgage rates above 7.6% come at a time when Americans are "plagued" with high food and gas prices, according to
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Livewire: 14 Concerts to Catch in Cleveland in AugustOutlaw Fest, LL Cool J and more real music in the real world
Baca lebih lajut »
Live Music in San Antonio This Week: Jenny and the Mexicats, The Queers, Kicksie and moreLos Cogelones, a Mexican punk band that sings in the indigenous Nahuatl language, is also performing. Jenny and the Mexicats have grown into a borderless fusion of music drawing inspiration from flamenco, jazz, reggae and rockabilly. Fans of Latin music taken in adventurous directions have a couple of reasons to mark their calendars.
Baca lebih lajut »
Mother carjacked, 3 kids briefly kidnapped at Taco Bell drive-thruA mother in Ohio was in line at a Taco Bell drive-thru with her kids when a man opened her passenger-side door and climbed inside the car. What should have been a routine trip through a Taco Bell drive-thru in Green, Ohio, instead turned into a terrifying carjacking and kidnapping ordeal for a mother and her three young boys. Thirty-eight-year-old Danielle (Scripps News is not reporting her last name) struggled with the carjacker inside her minivan on Thursday evening. 'I just wanted to kill him. I was shoving at him.'
Baca lebih lajut »
US Navy Sailor's Mother Encouraged Him to Pass Military Details to China, Prosecutor SaysProsecutors claim that the mother of a U.S. Navy sailor charged with providing sensitive military information to China urged him to cooperate with a Chinese intelligence officer. The sailor from Monterey Park is accused of taking bribes in exchange for sending the information.
Baca lebih lajut »