Exit Planning and Adjusting Your Expectations in a Hot Market
BY BRAD BECKETT ON JUNE 1, 2021
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with Allison Koetsier about why it’s important to have a clear investment strategy & goal, the biggest mistake she sees first-time investors make, and why you need to build a great team. Click here to read more.
Read moreDemand for Second Homes Has More Than Doubled
BY BRAD BECKETT ON MAY 20, 2021
Redfin says the rise in demand for second homes is more than twice the increase for primary homes, with the number of buyers who locked in mortgage rates for primary homes rising a whopping 178% from one year ago. Click here to read more.
Read moreBlack Knight Says Forbearance Volume Up Slightly in May
BY BRAD BECKETT ON MAY 25, 2021
Black Knight says forbearance volumes rose by 16k (+0.74%), in May, which they say is only the second increase over the past 12 weeks. As of mid-May there were 2.18 million (4.1% of homeowners) mortgages remaining in COVID-19-related forbearance plans. Click here to read more.
Read moreExisting Home Sales See Third Straight Month of Declines
BY BRAD BECKETT ON MAY 24, 2021
The National Association of Realtors is reporting that existing home sales were down 2.7% in April to a seasonally-adjusted annual rate of 5.851 million (up 33.9% from one year ago). Total housing inventory at the end of April was 1.16 million units, down 20.5% from one year ago. Click here to read more.
Read moreEven More Americans Now Say Real Estate is the Best Investment
BY BRAD BECKETT ON MAY 24, 2021
Winning…..For the 8th 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 moreWhy Finding a Tenant That Loves Your Property is Critical
BY BRAD BECKETT ON MAY 18, 2021
On a recent episode of the Rent Perfect Podcast, David Pickron says being a successful landlord is more about managing your tenants than it is about managing your property. Click here to read more.
Read moreRegulatory Costs Add $93k to New Home Prices
BY BRAD BECKETT ON MAY 17, 2021
Just when you thought lumber prices were jacking up home prices, along comes a new study from the NAHB that says government regulations (imposed by all levels of gov’t) account for $93,870, or 23.8% of the current average sales price of a new single-family home (currently ($397,300). Click here to read more.
Read moreYardi Says Multifamily Market Continues to Show Strength
BY BRAD BECKETT ON MAY 13, 2021
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in April increased $10 to $1,417 - the largest increase that they have seen since the beginning of the pandemic. Click here to read more.
Read moreBest Cities for First-Time Home Buyers
BY BRAD BECKETT ON MAY 11, 2021
What are the best cities for first-time home buyers? Realtor.com says homes across the country are selling within days (with multiple offers) pricing out buyers of all ages—especially millennials. Click here to read more.
Read moreAnother Federal Judge Rules Against the CDC’s Eviction Moratorium
BY BRAD BECKETT ON MAY 5, 2021
Another federal judge has ruled against the CDC’s nationwide eviction moratorium. According to The Hill, U.S. District Court Judge Dabney Friedrich vacated a nationwide freeze on evictions that was put in place by the federal government last year and recently extended to June 30th. Click here to read more.
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