TV Still the Top Medium for Advertising
BY BRAD BECKETT ON NOVEMBER 3, 2023
Infographic: Statista reminds us that advertisers are always looking for more eyeballs and their data shows that most of them are in front of TV sets. However, as you can see, digital ad formats are not far behind. Click here to read more.
Read more2024 State Business Tax Climate Index
BY BRAD BECKETT ON NOVEMBER 2, 2023
The Tax Foundation recently released their 2024 State Business Tax Climate Index to enable business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems compare. Click here to read more.
Read moreNAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages
BY BRAD BECKETT ON NOVEMBER 1, 2023
Reuters is reporting that a federal court in Kansas City Missouri has returned a verdict in a class action lawsuit against the National Association of Realtors, awarding the plaintiffs $1.78 billion in damages. Click here to read more.
Read moreNew California Law Encourages Sale of ADUs as Condos
BY BRAD BECKETT ON NOVEMBER 1, 2023
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses a new law in California is building on the ADU movement by allowing homeowners to “sell” their ADUs as condos. Click here to read more.
Read moreAmerica’s Top 50 Rattiest Cities
BY BRAD BECKETT ON OCTOBER 26, 2023
The pest control & rodent removers over at Orkin say for the 9th year in a row Chicago continues its first-place spot on their Top 50 Rattiest Cities List. Los Angeles moves up to #2 with New York dropping to #3 position. Click here to read more.
Read moreProceed with Caution
BY TONY YOUNGS ON OCTOBER 25, 2023
Tony Youngs says as I go to various states pursuing distressed property acquisitions, I am finding an uptick in the number of sellers that are willing to sell their off-market properties. These include probate situations, tired landlords, elderly moving to assisted living, vacant properties, bankruptcies, and pre-foreclosures. The problem is, sellers still have the impression their homes are worth a lot more than is often the case. Click here to read more.
Read more50 Best Places to Buy a Home for Under $250k
BY BRAD BECKETT ON OCTOBER 25, 2023
GOBankingRates rightly says that a home is one of the key elements for many Americans, providing a long-term solution to their housing and a real estate investment for their portfolio. However, as they point out, many have been priced out of the market – especially when home prices translate into a super-high down payment. Click here to read more.
Read moreMortgage Applications Plummet to Lowest Since 1995
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.
Read moreAirbnb Users Driven to Underground Listings after NYC Crackdown
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.
Read moreThe Mortgage Rate Surge
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.
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