NAR’s Housing Affordability Index Continues to Decline
BY BRAD BECKETT ON JULY 26, 2023
The NAR says higher home prices and mortgage rates have made it difficult for buyers to buy a home, according to their latest housing affordability index. Click here to read more.
Read moreYardi Says Multifamily Remains Stable, Despite Some Softening
BY BRAD BECKETT ON JULY 25, 2023
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,726 in June (up $7). Click here to read more.
Read moreMost Hospitable Airbnb Host in Every U.S. State
BY BRAD BECKETT ON JULY 25, 2023
Airbnb says hospitality can be defined as the friendly and generous reception and entertainment of guests, visitors, or strangers as well as a spotless listing, a quick response to a guest need, a seamless and straightforward check-in process and going above and beyond to prioritize health and safety. Click here to read more.
Read moreDemographic Change Accelerates in the U.S.
BY BRAD BECKETT ON JULY 21, 2023
Infographic: Citing Census data, Statista says demographic change has accelerated in the United States over the past 10 years – especially among those in the 65+ category. Click here to read more.
Read moreBiden Administration to Take on So-Called “Junk Fees” in Rental Housing
BY BRAD BECKETT ON JULY 20, 2023
The Biden Administration announced that it has enlisted the help of several real estate platforms in taking on so-called “junk fees” in rental housing in order to “lower costs for renters.” These partnerships include Zillow, Apartments.com, and Affordablehousing.com. Click here to read more.
Read moreBuying Foreclosures Directly from the Owner
BY TONY YOUNGS ON JULY 19, 2023
Tony Youngs says there are some important things to consider today when making an offer to a homeowner in foreclosure. If and when their home goes up for auction, the opening bid is calculated by the balance of the loan, court fees, attorney fees, and advertising costs for the legal ad. Click here to read more.
Read moreForeclosure Activity in First Half of 2023 Shows Uptick
BY BRAD BECKETT ON JULY 18, 2023
According to the ATTOM Data’s Midyear 2023 U.S. Foreclosure Market Report, here were a total of 185,580 U.S. properties with foreclosure filings in the first six months of 2023. Click here to read more.
Read moreAnnual Home Price Growth Drops to the Lowest Rate in 11 Years
BY BRAD BECKETT ON JULY 18, 2023
According to the latest CoreLogic Home Price Insights (HPI) report, home price growth slowed for the 12th straight month in May, falling to a 1.4% increase year over year. Click here to read more.
Read moreFHA to Require Lenders to ask for Applicant’s Language Preference
BY BRAD BECKETT ON JULY 17, 2023
The Scotsman Guide is reporting that the Federal Housing Administration (FHA) will now require lenders that make FHA loans to ask for a mortgage applicant’s language preference. Click here to read more.
Read moreAll Things Law & Legislation Related to Landlord-Tenant and Real Estate Matters
BY BRAD BECKETT ON JUNE 29, 2023
On a recent episode of the AZREIA Show podcast, Marcus Maloney & Michael Del Prete talk with guest Mark Zinman, an attorney from Zona Law Group, to discuss all things law and legislation related to landlord-tenant and real estate matters. Click here to read more.
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