NAR’s Yun Says Mom & Pop Investors Need Capital Gains Cut
BY BRAD BECKETT ON OCTOBER 5, 2023
On a recent episode of CNBC’s Squawk Box, Lawrence Yun, National Association of Realtors chief economist, discussed the impact of skyrocketing mortgage rates on the housing sector and other issues facing the market – including advocating for a capital gains tax rate reduction for “mom & pop” real estate investors. Click here to read more.
Read moreTop Cities Where Renting Makes More Sense Than Buying
BY BRAD BECKETT ON OCTOBER 4, 2023
We’ve seen a number of these rent vs. buy stories over the years. Realtor.com says that making the leap to buying has gotten a lot harder as home prices and mortgage rates have skyrocketed. Click here to read more.
Read moreThe Challenges of Converting Vacant Office Space into Apartments
BY BRAD BECKETT ON OCTOBER 4, 2023
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Andrew Hinton, who is nearing completion of an office to apartment conversion, about his experiences, both good & bad. Click here to read more.
Read moreWhere Gas is the Cheapest & Most Expensive
BY BRAD BECKETT ON SEPTEMBER 29, 2023
Infographic: Statista says gas prices vary widely across the United States. State-specific costs for transportation and distribution can drive up prices, like in Alaska & Hawaii. However, state taxes also play a large role, for example explaining the price of gasoline in a high-tax state like California. Click here to read more.
Read moreAttitude Adjustment
BY JANE GARVEY ON SEPTEMBER 27, 2023
Jane Garvey says attitude can make or break you. We all have times in our lives where it is tempting to doubt ourselves and our abilities. Many of us also fall into the trap of externalizing control. It may be tempting to think we are a victim when people do something, intentional or not, that harms us. When others, or even circumstances, force a change to our routine our immediate reaction is sometimes to feel angry or put upon. No matter what is happening, you have the choice of your attitude. You have the ability to do better. Click here to red more.
Read moreBlack 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.
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