Serious Mortgage Delinquency Rate Drops to All-Time Low
BY BRAD BECKETT ON NOVEMBER 13, 2023
According to the CoreLogic’s latest Loan Performance Insight Report, the share of U.S. borrowers who were in serious mortgage delinquency (90 days+) dropped to 0.9% in August, the lowest recorded since January 1999. Click here to read more.
Read moreFHFA Says Home Prices Up 5.6% in Year Over Year
BY BRAD BECKETT ON NOVEMBER 7, 2023
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 0.6% in August, 2023. Click here to read more.
Read moreU.S. Homeownership & Rental Vacancy Rates for Q3 2023
BY BRAD BECKETT ON NOVEMBER 6, 2023
The U.S. government is reporting that the national vacancy rates for Q3, 2023 were 6.6% for rental housing and 0.8% for homeowner housing. The national homeownership rate for Q3, 2023 was 66%. Click here to read more.
Read moreTV Still the Top Medium for Advertising
BY BRAD BECKETT ON NOVEMBER 3, 2023
Infographic: Statista reminds us that advertisers are always looking for more eyeballs and their data shows that most of them are in front of TV sets. However, as you can see, digital ad formats are not far behind. Click here to read more.
Read more2024 State Business Tax Climate Index
BY BRAD BECKETT ON NOVEMBER 2, 2023
The Tax Foundation recently released their 2024 State Business Tax Climate Index to enable business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. Click here to read more.
Read moreNAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages
BY BRAD BECKETT ON NOVEMBER 1, 2023
Reuters is reporting that a federal court in Kansas City Missouri has returned a verdict in a class action lawsuit against the National Association of Realtors, awarding the plaintiffs $1.78 billion in damages. Click here to read more.
Read moreNew California Law Encourages Sale of ADUs as Condos
BY BRAD BECKETT ON NOVEMBER 1, 2023
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses a new law in California is building on the ADU movement by allowing homeowners to “sell” their ADUs as condos. Click here to read more.
Read moreAmerica’s Top 50 Rattiest Cities
BY BRAD BECKETT ON OCTOBER 26, 2023
The pest control & rodent removers over at Orkin say for the 9th year in a row Chicago continues its first-place spot on their Top 50 Rattiest Cities List. Los Angeles moves up to #2 with New York dropping to #3 position. Click here to read more.
Read moreProceed with Caution
BY TONY YOUNGS ON OCTOBER 25, 2023
Tony Youngs says as I go to various states pursuing distressed property acquisitions, I am finding an uptick in the number of sellers that are willing to sell their off-market properties. These include probate situations, tired landlords, elderly moving to assisted living, vacant properties, bankruptcies, and pre-foreclosures. The problem is, sellers still have the impression their homes are worth a lot more than is often the case. Click here to read more.
Read more50 Best Places to Buy a Home for Under $250k
BY BRAD BECKETT ON OCTOBER 25, 2023
GOBankingRates rightly says that a home is one of the key elements for many Americans, providing a long-term solution to their housing and a real estate investment for their portfolio. However, as they point out, many have been priced out of the market – especially when home prices translate into a super-high down payment. Click here to read more.
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