Foreclosure Activity Up 94% from One Year Ago
BY BRAD BECKETT ON DECEMBER 22, 2021
According to ATTOM Data’s November U.S. Foreclosure Market Report, there were 19,479 properties in the U.S. with foreclosure filings. This figure is down 5% from the previous month, but it is up 94% from a year ago. In addition, November marks the 7th consecutive month of annual increases. Click here to read more.
Read moreIt’s More Expensive to Own a Home than Rent in Most Metro Areas
BY BRAD BECKETT ON DECEMBER 20, 2021
We have seen stories like this before; is it cheaper to rent or own your home? A recent report from the National Association of Realtors says that in 101 out of 178 metro areas (56%), it is indeed more expensive to own a single-family existing home than to rent. Click here to read more.
Read moreYou Won’t Believe How Much $$$ Short-Term Rentals Can Generate
BY BRAD BECKETT ON DECEMBER 15, 2021
On a recent episode of the Rent Perfect podcast David Pickron says landlords everywhere have been converting their long-term rentals into short-term rentals because the returns are so amazing. Click here to read more.
Read moreMobile Home Values Are Rising Faster Than Single-Family Homes
BY BRAD BECKETT ON DECEMBER 15, 2021
Lending Tree says that high home prices have many Americans looking to alternatives to the traditional single-family home such as mobile homes. However, to fully understand the issue, they crunched the numbers to find out if mobile homes are actually less expensive than single-family homes, and do they appreciate the same way. Click here to read more.
Read more10 Hottest Real Estate Markets for 2022
BY BRAD BECKETT ON DECEMBER 14, 2021
Realtor.com says 2021 has been wildly turbulent for just about everyone, but the waters have been particularly choppy for those who decided to buy or sell a house. With that in mind, and an eye towards 2022, Realtor.com recently came up with what they believe will be the hottest real estate markets for 2022. Click here to read more.
Read moreTime is Running Out to Use Qualified Opportunity Zones to Help Defer Taxes on a Windfall Profit
BY BETTY FRIANT ON DECEMBER 9, 2021
Whether you’re selling appreciated stock, real estate or even a business, December 31st is the Deadline for Investing in a Qualified Opportunity Zone. Click here to read more.
Read moreForbearance Sees Steady Declines
BY BRAD BECKETT ON DECEMBER 8, 2021
New data from Black Knight shows that the number of forbearance plans at the end of November was down by 214k (-17%) from last month. Click here to read more.
Read moreFor Sale Housing Inventory Hits All-Time Low
BY BRAD BECKETT ON DECEMBER 7, 2021
We’ve been seeing record-high home prices for quite some time being attributed to low inventory and now a recent report from Redfin confirms it; the number of homes for sale hit an all-time low at the end of November. Click here to read more.
Read moreJudge Strikes Down Boston’s Eviction Moratorium
BY BRAD BECKETT ON DECEMBER 7, 2021
In late November a housing court in Boston, Massachusetts struck down Boston’s citywide eviction moratorium calling the ban an “overreach of power.” According to reports, a Housing Court judge sided with a landlord and a constable who challenged the moratorium that the former Acting Mayor imposed in August. Click here to read more.
Read moreRedfin Says Rent & Mortgage Payments Rising Sharply in 2021
BY BRAD BECKETT ON DECEMBER 2, 2021
Redfin says both rent and mortgage payments have risen sharply in 2021. In fact, they point out that rent alone has seen its highest growth rate in at least two years. Their report says average monthly rent has increased 13% nationwide while mortgage payments have grown 17% over the same period. Click here to read more.
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