VA Updates Home Loan Benefits Allowing for Paying of Brokerage Fees
By Brad Beckett on June 26, 2024
In response to the National Association of Realtors reaching a settlement in a class-action lawsuit requiring them to change its brokerage fee rules, the U.S. Department of Veterans Affairs recently announced an update to help ensure that Veterans using the VA-guaranteed home loan benefit remain competitive buyers. Click here to read more.
Read moreFastest Growing Cities in America
By Brad Beckett on June 20, 2024
New data from the U.S. Census Bureau show that large cities in the Northeast & Midwest grew in 2023, reversing earlier population declines. Click here to read more.
Read moreWalletHub’s Best & Worst Places To Raise a Family – 2024
By Brad Beckett on June 19, 2024
WalletHub says the average American can expect to move an estimated 12 times in a lifetime. They say moving can be a sign of opportunity, prompted by a new job or long-term wealth accumulation, but people may also move because of instability such as foreclosure or job loss. Click here to read more.
Read moreHow Established Timelines Protect Your Investment
By David Pickron on June 19, 2024
David Pickron says maybe nowhere does the saying “time is money” apply greater than it does in our industry. For each of us, we are well aware of the expense of having a property sit empty for a month or more, painfully knowing the impact it has on our bottom line. Click here to read more.
Read moreSquatting in Louisiana Will be Harder After New Law
By Brad Beckett on June 17, 2024
Louisiana recently joined the ranks of several states attacking the growing problem of squatters. According to KALB-TV, the Louisiana Squatter Prevention Act could make the process for adverse possession more difficult. Click here to read more.
Read moreAvailability of Lots for New Homes Drops Year-Over-Year
BY BRAD BECKETT ON MAY 23, 2024
The latest New Home Lot Supply report from Zonda says in Q1 2024 lot supply tightened year-over-year across the U.S. They say lot inventory was still categorized as “significantly undersupplied” in most markets. Click here to read more.
Read moreFed Officials on Rate Cuts, How Much Income to Buy a Home, and Homebuyer Compromises
BY BRAD BECKETT ON MAY 22, 2024
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what Fed officials are now saying about rate cuts in 2024, how much income you need to buy a home, and the kinds of compromises buyers are willing to make for a more affordable home. Click here to read more.
Read moreSurvey Says Building Codes Are Driving Challenges to the Building of New Housing
BY BRAD BECKETT ON MAY 21, 2024
A recent report from the National Multifamily Housing Council (NMHC) says building codes can raise concerns about construction costs and make it increasingly difficult to develop much needed housing. Click here to read more.
Read moreThe Importance of Cash Reserves
BY JEFFERY S. WATSON ON MAY 16, 2024
Jeff Watson says recently, I spoke to a group of real estate investors about buying properties using a creative financing method. Some of the questions asked reminded me how crucial it is that real estate investors have cash reserves to deal with the unexpected. I consider cash reserves to be “Murphy’s Law repellant” (anything that can go wrong will go wrong). Those who have cash reserves won’t be nearly as stressed as those who have no cash reserves. Click here to read more.
Read moreStudy Finds 78% Consider Homeownership Key Component of the American Dream
BY BRAD BECKETT ON MAY 15, 2024
A new study from Bankrate.com says homeownership remains a centerpiece of Americans’ financial aspirations. However, they say with record-high home prices high mortgage rates, would-be homeowners are struggling to achieve their piece of the American dream. Click here to read more.
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