New Rules from NAR Change the Game of Buying a Home
By Brad Beckett on August 28, 2024
We’ve had several posts about the lawsuit affecting realtor commissions. On a recent episode of Real Estate News for Investors, Kathy Fettke says gone are the days of a casual home tour with a real estate agent you’ve just met. Click here to read more.
Read moreHousehold Debt Rises to $17.8 Trillion
By Brad Beckett on August 27, 2024
A new report from the New York Fed says household debt has risen to $17.80 trillion (up 1.3%) in Q2 2024, according to their latest Quarterly Report on Household Debt and Credit. Click here to read more.
Read moreNREIA Statement on the CFPB’s Recent Actions Regrading Contracts for Deed
By Charles Tassell on August 26, 2024
Last week we posted about the Consumer Protection Finance Bureau’s (CFPB) efforts to go after contracts for deed. National REIA released the following statement as a response to their effort. Click here to read more.
Read moreAmerica’s Stock of Second Homes
According to recent data from the NAHB’s Eye on Housing, there are 6.5 million second homes in America, representing 4.6% of the total housing stock. The state with the largest number of second homes was Florida with 1 million homes. Click here to read more.
Read moreReal Estate is Still the Best Long-Term Investment
By Brad Beckett on August 23, 2024
Infographic: Today’s graphic perfectly illustrates it (again!); For the 12th year in a row, more Americans prefer real estate over other long-term investment vehicles for growing wealth. Click here to read more.
Read moreCFPB Goes After Contract for Deed Agreements
By Brad Beckett on August 22, 2024
The Consumer Financial Protection Bureau (CFPB) recently released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed. The CFPB says their advisory opinion and report are part of their efforts to rid the market of what they say are predatory & exclusionary home lending practices. Click here to read more.
Read moreRV & Boat Storage Rents Outperform Traditional Storage
By Brad Beckett on August 22, 2024
Yardi recently started a new report about the RV & boat storage sector, drawing on their database of nearly 2k, dedicated RV & boat storage properties and more than 15k traditional self-storage properties that offer parking for rent. Click here to read more.
Read moreMore Young Adults Now Live with their Parents Since 1940
By Brad Beckett on August 21, 2024
We have has several posts about the growing trend of more and more young people “staying in the nest” and not striking out on their own. A recent report from Apartment List says more young adults are now living with their parents since 1940. Click here to read more.
Read moreIdentifying & Combating Seller Impersonation Fraud
By Brad Beckett on August 20, 2024
The American Land Title Association says seller impersonation fraud attempts continue to increase as 28% of title companies experienced at least one of these incidents in 2023, according to their recent study. Click here to read more.
Read moreGrocery Store Location’s Impact on Housing
By Brad Beckett on August 16, 2024
Did you know that a Trader Joe’s or an ALDI near your property might increase its ROI? This is according to ATTOM Data’s recent report “8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions.” Click here to read more.
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