El Paso Investors Club

BY BRAD BECKETT ON DECEMBER 15, 2022

On a recent episode of CNBC’s Exchange, Andy Walden, Black Knight’s VP of Enterprise Research, discussed what he thinks are keeping homebuyers away from purchasing, what pent-up housing demand means for the market in 2023 and other housing-related issues. Click here to read more.

BY SCOT AUBREY ON DECEMBER 14, 2022

Scot Aubrey says if you’ve spent more than 30 seconds in the last year watching cable news, you are more than familiar with something called “the blame game.” Regardless of political party affiliation, age, race, gender, sexual preference or any of a host of other categories, it appears that our society has become a place of great divide. As a landlord you are not immune to this growing epidemic of blame and in fact, you’re likely to take more than your fair share of blame when it comes to tenants and their problems. Click here to read more.

BY BRAD BECKETT ON DECEMBER 13, 2022

A recent analysis from Zillow says as the share of buyers purchasing a home for the first time rebounds to pre-pandemic levels, Wichita, Kansas tops the list for for potential first-time home buyers. Click here to read more.

BY BRAD BECKETT ON DECEMBER 12, 2022

According to Black Knight’s latest Mortgage Monitor, 8% of all homes purchased with a mortgage in 2022 are now at least marginally underwater and nearly 40% have less than 10% equity stakes in their home, a situation most concentrated among FHA/VA loans. Click here to read more.

BY BRAD BECKETT ON DECEMBER 12, 2022

Recently we posted about the record number of delistings. Now, a recent report form Realtor.com says that in several U.S. metros, as many as half of the homes on the market have cut their listing prices. Click here to read more.

The National Multifamily Housing Council says “Econ 101” is the real reason rental rates have been rising in recent months and not price gouging, as many have been quick to say. Click here to read more.

Prices for Building materials have been decreasing the past few months, according to recent data analyzed by the NAHB’s Eye on Housing. Click here to read more.

Last week, we posted about how Airbnb rolled out new software to screen & prevent parties. Now, CNBC’s Diana Olick reports that Airbnb has a new program allowing tenants to host their apartments on the Airbnb platform. The Wall Street Journal says some of the biggest landlords & property managers in the country have partnered with them as well. Click here to read more.

BY BRAD BECKETT ON NOVEMBER 18, 2022

Infographic: We’ve had many posts about how real estate is the best investment, time and time again. Today’s infographic from Keeping Current Matters reminds us that homeownership is in fact a form of building wealth. Click here to read more.

BY JEFFERY S. WATSON ON NOVEMBER 16, 2022

Jeff Watson says not long ago, he did a short series on trusts being used by real estate investors. Recently, a memo came across his desk recently from a highly-respected eviction attorney in Cleveland, Ohio. The Cleveland Municipal Housing Court is now doing something that will probably spread to other states and cities. They are now requiring additional documentation when the owner of the property is a trust and the trustee is doing the eviction. Click here to read more.