Posted by Lacy O'Leary · November 23, 2018 10:01 AM
As any landlord can tell you, bed bugs are no stranger to a real estate investor’s world. Pest fighters Terminix remind us that with one of the busiest travel days of the year approaching travelers need to be mindful about the risks of picking up bed bugs while out and about. To that end they put together their top 25 cities where “bed bugs are crawling.” To come up with their list, they looked at service data from over 300 Terminix branches across the country with the highest number of bed-bug control services.
‘Contrary to their name, these bloodsucking insects can be found in many household objects, including curtain rods and even behind baseboards or switch plates. The bugs are also expert hitchhikers and can spread by being on or in consumers’ belongings as they go about their daily activities using mass transit, staying in hotels and moving around the country through airports.’
Investors across America know that early detection is the key to stopping an infestation. And, the best way to detect bed bugs is with Clearvue traps. Their simple to use devices provide the most effective detection & protection against the growing threat of bed bugs on the market today.
Click here to read the full report at Terminix.com.
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Posted by Lacy O'Leary · November 23, 2018 9:59 AM
According to the Wall Street Journal (reposted on Realtor.com), rising construction costs and a tight labor market are slowing a nearly decade long apartment boom, which analysts say is easing a burgeoning glut at the top end of the market that has been forming across the country. Data show that multifamily building permits have fallen each month since March, which experts suggest is a sign that there could be less new apartment construction over the next two years – which is the normal time to build an apartment property.
“It appears we’re beginning to see some early signs of relief in supply, as both permits and starts have been declining in our markets for most of the year,” Timothy Naughton, chief executive of apartment developer AvalonBay Communities Inc., told analysts on a conference call last month.
wsj.com
Click here to read the full story on Realtor.com.
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Posted by Lacy O'Leary · November 23, 2018 9:58 AM
According to ATTOM Data’s latest Vacant Property and Zombie Foreclosure Report, nearly 1.5 million (1,447,906) single family homes & condos were vacant at the end of Q3 2018, representing 1.52% of all homes nationwide. This number is down from 1.58% in 2017. In addition the report found that there were over 10k vacant “zombie” foreclosures nationwide at the end of Q3 2018, which represent 3.38% of all homes actively in the foreclosure process. They also report that the zombie foreclosure rate was down from 4.18% one year ago.
“The number of vacant foreclosures is now less than one-fourth of the more than 44,000 in 2013 when we first began tracking these zombie homes,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
click on the map for more detail
Click here to read the full report on attomdata.com.
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Posted by Abdul Rehman · November 21, 2018 10:28 AM
BY BRAD BECKETT ON NOVEMBER 16, 2018
There are a lot of creative financing plans provided by real estate investors that can help folks get into housing and achieve their piece of the American Dream. Often, it’s the only way a family can afford to buy a home of their own and real estate investors are proud to provide these vital solutions. In light of the recent Veterans’ day holiday, today’s infographic is about a homeownership benefit that is only available to America’s military veterans, the VA Home Loan. In 2017, $189 billion was loaned to veterans and their families through this program. The first step in getting a VA home loan is to apply for a Certificate of Eligibility (COE). Click here for more information and how apply……Happy Friday!!!
Hat tip to Keeping Current Matters.
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Posted by Abdul Rehman · November 21, 2018 10:26 AM
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Posted by Abdul Rehman · November 21, 2018 10:24 AM
BY BRAD BECKETT ON NOVEMBER 15, 2018
It used to be cool to get that awesome “dot com” or “dot org” address but now there’s a new domain in town for real estate professionals; “dot realestate.” The domain is being launched by none other than the National Association of Realtors and will be available for purchase by the general public through GoDaddy starting November 26, however NAR members can buy it as early as November 16 in a special pre-sale. According to the Realtors the “dot realestate” domain “is free of restrictions and will allow real estate entities and professionals to creatively market properties and geographic areas served, along with personal brands and specialties.”
Click here to read more at get.realestate.
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Posted by Abdul Rehman · November 21, 2018 10:21 AM
BY BRAD BECKETT ON NOVEMBER 14, 2018
Many older homes lack sufficient attic insulation to retain heat, however it is also one of the easiest places in a home to properly insulate. As shown in the map below, different regions of the country have different R-Values for the types of insulation required in their particular climates. The folks over at The Home Depot have put together a handy attic insulation calculator to help determine your area’s recommended R-value and estimate how much insulation is needed to help keep your property warm in the winter. Simply enter your information for a quick estimate of the attic insulation you’ll need.
Click here to determine your attic insulation requirements.
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Posted by Abdul Rehman · November 21, 2018 10:17 AM
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Posted by Abdul Rehman · November 21, 2018 10:12 AM
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Posted by Abdul Rehman · November 21, 2018 10:10 AM
BY BRAD BECKETT ON NOVEMBER 12, 2018
After failing to secure more funding, real estate crowdfunding platform RealtyShares will soon be laying off staff and, as reported by The Real Deal, faces an uncertain future. According to the report, RealtyShares’ last-ditch efforts to find a buyer for the company were unsuccessful and they will ensure that customers who invested in real estate projects through its platform will get their money back. The company was founded in 2013 and raised over $870 million that was invested over 1,160 projects.
“Over the past six months, RealtyShares aggressively pursued a number of financing options to continue growing the business,” RealtyShares wrote in an email to customers on Wednesday. “Unfortunately, despite our best efforts, we were unable to secure additional capital. As a result, we will not offer new investments or accept new investors on the RealtyShares platform.”
Click here to read the full story on The Real Deal.
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