Black Knight Says Early-Stage Delinquencies Continue to Trend Up
BY BRAD BECKETT ON SEPTEMBER 26, 2023
According to Black Knight’s latest Mortgage Monitor, the total U.S. loan delinquency rate (loans 30 days+ past due but not in foreclosure) as at 3.17% in August, up by 4 basis points and is nearly a full percentage point below its 2015-2019 same-month average. Click here to read more.
Read moreFlipping Activity Drops but Profits Rise
BY BRAD BECKETT ON SEPTEMBER 26, 2023
According to the latest U.S. Home Flipping Report from ATTOM, 84,350 single-family houses and condominiums were flipped in Q2, 2023 representing 8% of all home sales in the first quarter. Click here to read more.
Read moreThe Rule of 72
BY BRAD BECKETT ON SEPTEMBER 22, 2023
Infographic: It’s one of the most basic investing principles and might have been the first one you learned – it’s the “Rule of 72.” The “rule” is the classic shortcut that estimates how long it takes to double your money. Click here to read more.
Read more1 in 5 Millennials Believe They’ll Never Own a Home
BY BRAD BECKETT ON SEPTEMBER 21, 2023
A recent survey from Redfin says nearly one of every five (18%) millennials and 12% of Gen Zers believe they will never own a home. Click here to read more.
Read moreHigh Mortgage Rates Weaken Builder Confidence
BY BRAD BECKETT ON SEPTEMBER 20, 2023
The NAHB says persistently high mortgage rates continue to erode builder confidence, as sentiment levels have dropped below the key break-even measure of 50 for the first time in five months. Click here to read more.
Read moreExploring the Role of Architects in Real Estate Investing
BY BRAD BECKETT ON SEPTEMBER 20, 2023
On a recent episode of the AZREIA Show podcast, Marcus Maloney & Michael Del Prete talk with architectural expert Nicholas Tsontakis about architectural design and the growing trend of additional dwelling units (ADUs) in Phoenix – and how they can increase cash flow for investors. Click here to read more.
Read moreInvestments in Student Housing See Increase
BY BRAD BECKETT ON SEPTEMBER 18, 2023
Recent data from the Bureau of Economic Analysis (BEA) says private fixed investment in student dormitories rose 1% to a seasonally adjusted annual rate of $3.6 billion in Q2 2022, after a 6.4% increase in Q1 2022. Click here to read more.
Read moreAmerican Cities with the Highest Airbnb Densities
BY BRAD BECKETT ON SEPTEMBER 15, 2023
Infographic: Short-term rentals are hot – as many of our members know. Today’s graphic from Statista breaks down which U.S. cities have the highest density of Airbnb rentals. Click here to read more.
Read moreHow are Homeowners Using their HELOCS?
BY BRAD BECKETT ON SEPTEMBER 14, 2023
Recently we saw where HELOC activity hit a 15-year high in 2022 (the highest level since mid-2007), but has since slowed – to a pace with pre-pandemic levels. A recent “Chart of the Week” from the Mortgage Bankers Association breaks down how these HELOC’s were utilized over the past several years. Click here to read more.
Read moreReserves are Important
BY JEFFERY S. WATSON ON SEPTEMBER 13, 2023
Jeff Watson says none of us knows what life will bring. All of a sudden, your ability to generate income may be severely restricted by an illness or injury. In the past few months, my office has worked with several individuals in the real estate investing arena who found themselves in that situation. Click here to read more.
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