The Volatility of Manufactured Home Prices
BY BRAD BECKETT ON JULY 30, 2020
The St. Louis Federal Reserve's FRED site is a virtual treasure trove of data - especially housing data. Recently, FRED announced that there were adding a new real estate data component, manufactured homes. Click here to read more.
Read moreExtended Eviction Moratoriums Do More Harm than Good
BY BRAD BECKETT ON JULY 27, 2020
The National Multifamily Housing Council recently put together some important facts about the adverse effects of extending the current eviction moratoriums. They recognize that the Coronavirus pandemic has caused serious economic pain for millions of American families. However, they point out that without long-term solutions that support renters affected by COVID-19, the economic crisis could become a housing crisis rivaling 2008. Click here to read more.
Yardi Says Economic Recovery Likely Further Out
BY BRAD BECKETT ON JULY 28, 2020
According to the latest Yardi Matrix Multifamily Report, the average U.S. rent in June was $1,457, down $2 from May. Click here to read more.
Read moreTop 10 Metros with Highest Foreclosure Rates in Q2
BY BRAD BECKETT ON JULY 28, 2020
According to ATTOM Data Solutions' recently released U.S. Foreclosure Market Report, the number of properties with foreclosure filings hit an all-time low with 165,530 filings reported. Click here to read more.
Read moreBlack Knight Says Delinquencies Hit 8.5-Year High
BY BRAD BECKETT ON JULY 8, 2020
According to Black Knight's latest Mortgage Monitor, May saw the overall delinquency rate hit its highest level in 8.5 years, with serious delinquencies on the rise as well as the number of homeowners 90+ days past due increasing by more than 50% over the past two months. Click here to read more.
Read moreForeign U.S. Home Buyers Drying Up
BY BRAD BECKETT ON JULY 7, 2020
Just three years ago we posted about how foreign buyers spent a record $153 billion on homes in the U.S. Now, along comes a report from the Wall Street Journal that says foreign buying of U.S. homes is drying up. Click here to read more.
Read moreJobs in Construction Rise By 158k
BY BRAD BECKETT ON JULY 7, 2020
According to recent data from the Associated General Contractors of America, construction employment increased by 158k jobs in June, with most of the gain concentrated in home-building. Click here to read more.
Read moreInvesting in Self-Storage on a Massive Scale
BY BRAD BECKETT ON JULY 6, 2020
On a recent issue of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Kris Benson, the chief investment officer for Reliant Investments, about one of the asset classes that's expected to hold up well during the Coronavirus Pandemic, self-storage. Click here to read more.
Read moreZumper Says Pandemic Pricing Continues to Affect Top Markets
BY BRAD BECKETT ON JULY 2, 2020
Rental information site Zumper recently released their National Rent Report for July, 2020 showing that the median national rent for 1-bedroom apartment was $1,229 (up 1%) and the median two-bedroom rent was $1,485 (up 0.8%). Click here to read more.
Read moreTop 10 Affordable Beach Towns for Retirement
BY BRAD BECKETT ON JULY 1, 2020
With all of us trying to stay focused on the positive, the folks over at Realtor.com crunched the numbers to came up with the top 10 affordable beach towns for retirement. Click here to read more.
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