New Home Sales by Financing Source
BY BRAD BECKETT ON AUGUST 16, 2023
Recent analysis of mortgage data by the NAHB’s Eye on Housing reveals that the share of new home sales backed by FHA loans climbed from 12.1% to 14.0% in Q2 of 2023. Click here to read more.
Read moreREIA Member Fights County Assessments on Duplexes and Won
BY BRAD BECKETT ON AUGUST 15, 2023
Kansas City’s KCTV reports that a member of the Mid-America Association of Real Estate Investors (MAREI) recently challenged the property tax assessments on his investment properties, and won! Click here to read more.
Read moreYardi Says Rents Inched Up in July on the Back of Strong Demand
BY BRAD BECKETT ON AUGUST 15, 2023
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,729 in July (up $2). Yardi says the multifamily market exhibited strength in July, as the economy continues to outperform expectations. Click here to read more.
Read moreAmerica’s Most Affordable Lake Towns
BY BRAD BECKETT ON AUGUST 14, 2023
Realtor.com says that while some of America’s more famous lake towns are pricey, there are actually many that are surprisingly affordable, offering lakeside living for bargain-basement prices. Click here to read more.
Read moreNumber of Converted Apartments Drops Following Start of Pandemic Hype
BY BRAD BECKETT ON AUGUST 9, 2023
A recent report from RentCafe says interest in converting older buildings into residences remains high and that adaptive reuse apartments are poised for impressive growth in the upcoming years. Click here to read more.
Read moreForeign Buyers of U.S. Homes Falls to Lowest Level on Record
BY BRAD BECKETT ON AUGUST 3, 2023
CNBC’s Diana Olick says a new report from the National Association of Realtors shows foreign buyers are pulling back from the U.S. housing market reaching a new record low. Click here to read more.
Read moreThe Infinite Banking Concept: A Safe Haven for Real Estate Investors
BY JASON K. POWERS ON AUGUST 3, 2023
Jason K. Powers says the recent banking crisis, marked by the collapse of several major financial institutions, has been a wake-up call for investors worldwide. This crisis has unveiled a hard truth: the traditional banking system, often perceived as a bedrock of financial stability, can be incredibly fragile. Click here to read more.
Read moreHomeownership Across US Counties
BY BRAD BECKETT ON JULY 26, 2023
The NAHB’s Eye on housing says that while US homeownership rates have been rising since 2015 (even receiving an extra boost during the post-pandemic housing boom) they remain below the levels reached during the housing boom of the mid-2000s. Click here to read more.
Read moreNAR’s Housing Affordability Index Continues to Decline
BY BRAD BECKETT ON JULY 26, 2023
The NAR says higher home prices and mortgage rates have made it difficult for buyers to buy a home, according to their latest housing affordability index. Click here to read more.
Read moreYardi Says Multifamily Remains Stable, Despite Some Softening
BY BRAD BECKETT ON JULY 25, 2023
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,726 in June (up $7). Click here to read more.
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