El Paso Investors Club

BY BRAD BECKETT ON OCTOBER 24, 2023

Reuters is reporting that the Mortgage Bankers Association’s weekly index of mortgage application activity fell 6.9% in the week ending 10/13/23 to 166.9, the lowest since May, 1995. Click here to read more.

BY BRAD BECKETT ON OCTOBER 24, 2023

The New York Post is reporting that a recent crackdown on Airbnb listings by New York City has led to a black market for rentals that have now gone “underground.” The new rules imposed tougher regulations that restrict most short-term stays and limit reservations to only two guests. Click here to read more.

BY BRAD BECKETT ON OCTOBER 20, 2023

Infographic: Today’s graphic from the Visual Capitalist reminds us that the 30-year fixed-rate mortgage has reached its highest level since 2002. They say that with rising home prices and tight inventory, affordability is now at its lowest point in history. Click here to read more.

BY BRAD BECKETT ON OCTOBER 18, 2023

On a recent episode of the Rent Perfect podcast David Pickron says we’ve all been victims of fraud one way or another – even if we don’t know it. In this episode, Dave shares six simple ways to help protect you from fraud. Click here to read more.

BY BRAD BECKETT ON OCTOBER 18, 2023

As if it weren’t already hard enough to be a landlord in California; The LA Times is reporting that CA Governor Gavin Newsom recently signed several new laws to supposedly protect tenants against eviction, high rental costs, and one that caps security deposits to no more than one-month’s rent. Click here to read more.

BY BRAD BECKETT ON OCTOBER 17, 2023

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,722 in September, 2023. Click here to read more.

BY BRAD BECKETT ON OCTOBER 17, 2023

The Wall Street Journal says the latest amenity for homeowners is another, smaller home – aka an accessory dwelling unit, or ADU. Click here to read more.

BY BRAD BECKETT ON OCTOBER 16, 2023

The Scotsman Guide is reporting that three real estate industry groups have banded together to bring attention to the Federal Reserve about what they say is havoc being caused by rising interest rates on the housing market. Click here to read more.

BY BRAD BECKETT ON OCTOBER 12, 2023

Recent analysis from the Associated General Contractors said the construction industry added 11k jobs in September as unemployment rates for the sector remained at historically low levels, prompting contractors to raise pay faster than for other jobs. Click here to read more.

BY BRAD BECKETT ON OCTOBER 12, 2023

Recent analysis from the NAHB’s Eye on Housing says that $132 billion in taxes were paid by property owners in Q2 of 2023. Click here to read more.