Foreign U.S. Home Buyers Drying Up
BY BRAD BECKETT ON JULY 7, 2020
Just three years ago we posted about how foreign buyers spent a record $153 billion on homes in the U.S. Now, along comes a report from the Wall Street Journal that says foreign buying of U.S. homes is drying up. Click here to read more.
Read moreJobs in Construction Rise By 158k
BY BRAD BECKETT ON JULY 7, 2020
According to recent data from the Associated General Contractors of America, construction employment increased by 158k jobs in June, with most of the gain concentrated in home-building. Click here to read more.
Read moreInvesting in Self-Storage on a Massive Scale
BY BRAD BECKETT ON JULY 6, 2020
On a recent issue of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Kris Benson, the chief investment officer for Reliant Investments, about one of the asset classes that's expected to hold up well during the Coronavirus Pandemic, self-storage. Click here to read more.
Read moreZumper Says Pandemic Pricing Continues to Affect Top Markets
BY BRAD BECKETT ON JULY 2, 2020
Rental information site Zumper recently released their National Rent Report for July, 2020 showing that the median national rent for 1-bedroom apartment was $1,229 (up 1%) and the median two-bedroom rent was $1,485 (up 0.8%). Click here to read more.
Read moreTop 10 Affordable Beach Towns for Retirement
BY BRAD BECKETT ON JULY 1, 2020
With all of us trying to stay focused on the positive, the folks over at Realtor.com crunched the numbers to came up with the top 10 affordable beach towns for retirement. Click here to read more.
Read moreHome Affordability Increasing Across Majority of U.S. in Q2
BY BRAD BECKETT ON JUNE 29, 2020
According to the ATTOM Data's latest U.S. Home Affordability Report median home prices of single-family homes and condos in Q2 are more affordable than historical averages in 49% of U.S. counties (with enough data to analyze), up 31% from one year ago. Click here to read more.
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Searches for Single-Family Homes on the Rise
BY BRAD BECKETT ON JUNE 25, 2020
A new report from Redfin shows that web searches for single-family homes has risen to its highest level in 4 years. They suggest that the Coronavirus pandemic is driving buyers to seek out larger houses located farther away from dense urban areas. Click here to read more.
Nearly 3 Million Adults Have Moved Back Home
HUD & FHFA Extend Foreclosure & Eviction Moratoriums through August
BY BRAD BECKETT ON JUNE 18, 2020
The U.S. Department of Housing & Urban Development (HUD) as well as the Federal Housing Finance Agency announced in mid-June that they were extending their moratorium on foreclosures and evictions through August 31, 2020. Click here to read more.
Read moreZillow is Buying Homes Again
BY BRAD BECKETT ON JUNE 15, 2020
Back in March we posted about Zillow pausing its Zillow Offers program due to market uncertainty from the Coronavirus pandemic. Well, fast-forward to the present with HousingWire reporting that they have resumed homebuying in at least 15 (out of 24) markets where they operate. Click here to read more.
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