The Business of Airbnb
BY BRAD BECKETT ON JANUARY 22, 2021
Infographic: Airbnb has a market cap close to $90 billion, making them one of the largest businesses in travel & tourism. They point out that nights & experiences booked by customers have shot up from 72 million in 2015 to 326 million in 2019. Click here to read more.
Read moreDue Diligence on the Legal End
BY JANE GARVEY ON JANUARY 21, 2021
One of the things that really concerns me in today's world is the amount of advice being casually asked for and given on the internet about legal matters. Currently, we are in a period where the number of new regulations, laws, ordinances, mandates, and rules coming at us is overwhelming. Click here to read more.
Read moreCDC to Extend Eviction Moratorium Through March
BY BRAD BECKETT ON JANUARY 21, 2021
Among the many executive orders signed by President Joe Biden on his first day in office was one ordering the CDC to extend their eviction moratorium though March 31, 2021. Click here to read more.
Read moreFHFA Extends Foreclosure & Eviction Moratoriums through February
BY BRAD BECKETT ON JANUARY 20, 2021
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 February 28, 2021. Click here to read more.
Read moreLocal Market Monitor's National Economic Outlook for January
BY BRAD BECKETT ON JANUARY 19, 2021
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more.
Read moreSerious Delinquencies Three Times Higher than in 2019
BY BRAD BECKETT ON JANUARY 19, 2021
According to CoreLogic's latest Loan Performance Insights Report, serious delinquencies (defined as 90 days or more past due, including loans in foreclosure) was 4.1% in October. Click here to read more.
Read moreYardi Says Rents Declined 0.8% in December
BY BRAD BECKETT ON JANUARY 18, 2021
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.8% year-over-year in December. Click here to read more.
Read moreConsumer Price Index Up 0.4% in December
BY BRAD BECKETT ON JANUARY 18, 2021
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.4% in December. Click here to read more.
Read moreThe Number of "Million-Dollar Cities" spiked sharply in 2020
BY BRAD BECKETT ON JANUARY 14, 2021
Zillow says that the typical home value in the U.S. is about $263k, however the number of "million-dollar cities" spiked sharply in 2020. According to their analysis, million-dollar cities are those with a typical home value of at least $1 million. Click here to read more.
Read moreInventory Sinks as New Home Prices See Continued Growth
BY BRAD BECKETT ON JANUARY 14, 2021
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how inventory has hit a new low while home prices are continuing to rise as well as other recent news affecting the real estate market. Click here to read more.
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