Top 10 Metros with Largest Increase in HELOCs
BY BRAD BECKETT ON MARCH 8, 2023
According to a recent report from ATTOM Data, HELOCs comprised 20.7% of all mortgages in Q4 2022 - nearly five times the 4.6% level from Q1 2021. The data, from their Q4 2022 U.S. Residential Property Mortgage Origination Report, also found that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the quarter. Click here to read more.
Read moreBlack Knight Says Sellers are Retreating from the Market
BY BRAD BECKETT ON MARCH 8, 2023
According to Black Knight’s latest Mortgage Monitor, both supply & demand in the housing market are being impacted by a volatile interest rate environment. Click here to read more.
Read moreUnderstanding the Tax Laws and Regulations is Crucial for Real Estate Investors
BY TIFFANY & MELANIE ON MARCH 7, 2023
Tiffany McBroom and Melanie Sikma remind us that real estate investment is a popular and profitable venture for many individuals, but navigating the tax implications can be overwhelming. It is crucial for real estate investors to understand the tax laws and regulations specific to real estate to minimize their tax liabilities and maximize their returns. Click here to read more.
Read moreThe Feasibility of Converting Commercial Real Estate to Multifamily
BY BRAD BECKETT ON MARCH 7, 2023
A recent joint report from the NMHC & Urban Land Institute examines the feasibility and potential of repurposing unused and underutilized commercial real estate (offices, hotels, retail, etc.) into viable housing that could help with the nation’s housing crisis. Click here to read more.
Read moreInvesting Couple Explains How They Treat Their Real Estate Flipping & Renting as a Business
BY BRAD BECKETT ON MARCH 1, 2023
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Glenn and Amber Schworm, who together have weathered the ups & downs of real estate investing through good and difficult markets. Click here to read more.
Read moreCities Where Home Sales Are Down the Most
BY BRAD BECKETT ON FEBRUARY 28, 2023
Realtor.com says recent higher mortgage rates have made buying a home even more expensive. In fact, their data shows that home sales have declined by a third across the country, but where are they down the most? Click here to read more.
Read moreThe Rise of Corporate Landlords in the U.S.
BY BRAD BECKETT ON FEBRUARY 28, 2023
A recent report from CNBC discusses the rise of corporate landlords in America and how some in Congress want to limit their influence in the single-family housing market. Lobbyists for the industry say the proposals from Washington would worsen the U.S. housing supply. Click here to read more.
Read moreMortgage Delinquencies Increase in Q4 2022
BY BRAD BECKETT ON FEBRUARY 27, 2023
According to the Mortgage Bankers Association’s recent National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.96 percent of all loans outstanding at the end of Q4 2022. Click here to read more.
Read moreThe U.S. Cities that are Drowning in Debt
BY BRAD BECKETT ON FEBRUARY 24, 2023
Statista says 50 out of the 75 largest cities in the U.S. are currently running a deficit and, in some cases, a pretty hefty one. Click here to read more.
Read moreSECURE Act 2.0: What it Means for Americans’ Retirement Saving
BY JOHN BOWENS ON FEBRUARY 23, 2023
John Bowens says President Biden signed the 2023 Consolidated Appropriations Act, an Omnibus Bill, on December 29, 2022. Included in this bill is the SECURE 2.0 Act (SECURE Act 2.0), a set of provisions related to retirement savings accounts. What’s in SECURE Act 2.0, and what does this mean for Americans and their retirement savings accounts? Click here to read more.
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