FHFA Extends Foreclosure & Eviction Moratoriums through January
BY BRAD BECKETT ON DECEMBER 3, 2020
The Federal Housing Finance Agency (FHFA) announced they are extending their moratorium on foreclosures and evictions from single-family foreclosures and real estate owned (REO) through January 31, 2021. Click here to read more.
Read moreAirbnb Bookings More Than Quadrupled Since 2015
BY BRAD BECKETT ON NOVEMBER 27, 2020
Infographic: What started back in 2007 has grown into a global phenomenon. Statista reminds us that Airbnb hosts have welcomed guests in more than 220 countries and regions around the world and earned over $110 billion in the process. And, in the last 5 years alone their bookings have more than quadrupled. Click here to read more.
Read moreSerious Delinquency Rate by State for Q3
BY BRAD BECKETT ON NOVEMBER 24, 2020
According to the latest Mortgage Bankers Association's National Delinquency Survey, the delinquency rate for mortgage loans on 1-4-unit residential properties at the end of Q3 decreased 57 basis points to a seasonally adjusted rate of 7.65% of all loans outstanding. Click here to read more.
Read moreAre your Properties ready for Winter?
BY CHRISTIAN BRYANT ON NOVEMBER 23, 2020
Even though the current legislative climate for landlords is very distracting, don't let it keep you from protecting your property and preparing for winter. If they take the proper steps before winter comes, many landlords will avoid damage, unnecessary after-hours repair expenses, and lawsuits. If you manage your own properties, you really can't afford to skip these steps. And if you have a professional manager, you need to verify that their weatherization policies and procedures mimic these guidelines. Click here to read more.
Read moreRenters are Majority in 23 Big Cities
BY BRAD BECKETT ON NOVEMBER 18, 2020
A new report from RENTCafé says that renters have become the majority 23 big cities (with >100k residents) over the past decade. Click here to read more.
Read moreRace for Space Pushing Up Suburban Rents
BY BRAD BECKETT ON NOVEMBER 18, 2020
The Wall Street Journal says big companies that own single-family homes are raising rent at the fastest rate since they emerged from the foreclosure crisis, capitalizing on high demand for suburban housing.Click here to read more.
Read moreGetting into the GUTS of Rental Property
BY BRAD BECKETT ON NOVEMBER 11, 2020
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Mike Bonadies, a landlord and co-owner of a New Jersey-based property management company about the dirty and gritty side of investing in real estate. Click here to read more.
Read moreExperts Share What Rental Property Owners Need to Keep in Mind if they're Planning to Sell
BY BRAD BECKETT ON NOVEMBER 4, 2020
The Business Insider says some apartment owners have been able to collect rents as usual, despite the pandemic, shaky economy, and rising unemployment. Other owners have been working with tenants who can't pay their rent. Click here to read more.
Read moreZumper's National Rent Report for November 2020
BY BRAD BECKETT ON NOVEMBER 2, 2020
Rental information site Zumper recently released their National Rent Report for November, 2020 showing that their median national rent for 1-bedroom apartment was $1,225 (down 0.5%) and the median two-bedroom rent was $1,483 (down 0.4%). Click here to read more.
Read moreTop 15 Hottest Cities for Millennial Renters
BY BRAD BECKETT ON OCTOBER 19, 2020
We love posting about millennials, if for no other reason than just like every other generation they, too need a place to live. In fact, they have now taken over from the Baby Boomers as the largest generation to date and make up a majority of our nation's workforce. Click here to read more.
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