Evictions and Trusts
BY JEFFERY S. WATSON ON NOVEMBER 16, 2022
Jeff Watson says not long ago, he did a short series on trusts being used by real estate investors. Recently, a memo came across his desk recently from a highly-respected eviction attorney in Cleveland, Ohio. The Cleveland Municipal Housing Court is now doing something that will probably spread to other states and cities. They are now requiring additional documentation when the owner of the property is a trust and the trustee is doing the eviction. Click here to read more.
Read moreYardi Says Rents Rising Modestly as Rate Hikes Take Center Stage
BY BRAD BECKETT ON NOVEMBER 16, 2022
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,727 in October, up $3 from September. Click here to read more.
Read moreSquare Footage Is Now Worth Slightly More in the Suburbs Than Cities
BY BRAD BECKETT ON OCTOBER 25, 2022
Redfin says space in suburban homes was worth more than space in urban areas for the first time since they started tracking this data in 2018. Click here to read more.
Read moreRecord Number of Buyers Migrate from One Metro to Another
BY BRAD BECKETT ON NOVEMBER 10, 2022
A new report from Redfin says surging mortgage rates and persistently high home prices are motivating many of the home buyers to relocate to more affordable areas, but they say migration may slow as the economy continues to soften. Click here to read more.
Read moreBold Predictions on How Supply-Chain Challenges Will Affect Real Estate Investing & Material Prices
BY BRAD BECKETT ON NOVEMBER 9, 2022
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Jeff Davis, managing partner of Bridgestone Capital, who solves complex supply chain issues for clients all over the globe. Click here to read more.
Read moreTop 10 Emerging Real Estate Markets in Q3 2022
BY BRAD BECKETT ON NOVEMBER 9, 2022
As we’re rounding third and heading for home to close out this year, Realtor.com says “forget simple curb appeal” there are affordable real estate markets that offer some much-needed relief from soaring prices and punishing inflation that are attracting homebuyers. Click here to read more.
Read moreMobile Home Values Rising Nearly As Fast As Single-Family Homes
BY BRAD BECKETT ON OCTOBER 19, 2022
A new report form LendingTree found that while mobile homes are generally far less expensive than their single-family counterparts, their values appreciated as quickly as single-family homes. Click here to read more.
Read moreForeclosure Activity Continues to Increase
BY BRAD BECKETT ON OCTOBER 17, 2022
According to ATTOM Data’s Q3 2022 U.S. Foreclosure Market Report, showing there were 92,634 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions). Click here to read more.
Read moreMortgage Interest Rates & Purchasing Power
BY BRAD BECKETT ON OCTOBER 13, 2022
Recently, the news has been full of headlines about rising interest rates and how they will affect potential home buyers. The folks over at Keeping Current Matters reminds us that rising rates impact purchasing power by raising the buying costs as well as limiting how much a buyer can comfortably afford. Click here to read more.
Read moreStock of Occupied Homes in the U.S. by Decade Built and Building Type
BY BRAD BECKETT ON OCTOBER 12, 2022
A recent “chart of the week” from the Mortgage Bankers Association illustrates the current stock of occupied homes in the U.S. by the decade built and by building type. Click here to read more.
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