Real Estate: What's in it For Me?
BY BRAD BECKETT ON JUNE 17, 2020
Many people are interested in real estate, but don't really know much about it. They know that it seems that a lot of people have made a lot of money in real estate (or achieved other goals using it), and they wonder if maybe there could be something in it for them, too. Click here to read more.
Read moreTop 10 Zip Codes with Highest Home Flipping Profits
BY BRAD BECKETT ON JUNE 17, 2020
According to ATTOM Data's latest U.S. Home Flipping Report, home flipping nationwide increased to a 14-year high in Q1 of 2020, while returns dropped to a nine-year low. Click here to read more.
Read moreReal Estate is Still Seen as Best Investment
BY BRAD BECKETT ON JUNE 16, 2020
For the 7th year in a row, Gallup is reporting that more Americans prefer real estate over other long-term investment vehicles for growing wealth.Click here to read more.
Read moreLocal Market Monitor's National Economic Outlook - June 2020
BY BRAD BECKETT ON JUNE 11, 2020
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more.
Read moreBlack Knight Says Past-Due Mortgages Increased by 1.6 Million in April
BY BRAD BECKETT ON MAY 25, 2020
According to Black Knight's "first look" report for April, past-due mortgages increased by 1.6 Million, which was the largest single-month increase ever recorded. There were 3.6 million homeowners past due on their mortgages as of the end of April, the largest number since January 2015. Click here to read more.
Read moreMortgage Applications Up 54% Since Early April
BY BRAD BECKETT ON MAY 28, 2020
With interest rates at all-time lows, CNBC's Diana Olick is reporting that mortgage application numbers have risen 54% since early April, which she also says marks the first annual increase since the Coronavirus pandemic. Click here to read more.
Read moreWhy Requiring Renter's Insurance is a Pro Landlord Move
BY BRAD BECKETT ON MAY 12, 2020
In a recent episode of the Rent Perfect podcast, David Pickron talks about the importance of requiring renters insurance in rental leases. He says many landlords miss the mark by not requiring their tenants to have a Renters Insurance policy. Click here to read more.
Read moreFHFA Extends Foreclosure and Eviction Moratorium
BY BRAD BECKETT ON MAY 14, 2020
The Federal Housing Finance Agency (FHFA) announced in mid-May that they are extending their moratorium on foreclosures and evictions until at least June 30, 2020. The foreclosure moratorium applies to Enterprise-backed (Fannie Mae & Freddie mac), single-family mortgages only. Click here to read more.
Read moreForeclosure Activity Hits Historic Lows
BY BRAD BECKETT ON MAY 20, 2020
According to ATTOM Data, there were 4,148 U.S. properties with foreclosure filings in April, down 70% from March and down 75% from one year ago. That equates to one in every 9,639 properties receiving a foreclosure filing during April. Click here to read more.
Read moreMost Buyers Want a Home Office
BY BRAD BECKETT ON MAY 19, 2020
With the Coronavirus pandemic forcing people to work from home (if they're able) the number-crunchers over at the NAHB's Eye on Housing reexamined some data. They took another look at the 2018 NAHB's consumer preference study (the most recent available), What Home Buyers Really Want and discovered that 65% of home buyers wanted a home office. Click here to read more.
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