Redfin Says Investors Buying Half as Many Homes as They Were a Year Ago
BY BRAD BECKETT ON FEBRUARY 21, 2023
A new report from Redfin says that investor purchases of U.S. homes fell a record 45.8% year over year in Q4 2022. They said the high cost of borrowing money and the prospect of substantial home-price declines have made real estate investing less attractive. Click here to read more.
Read moreApartment List 2023 Renter Migration Report
BY BRAD BECKETT ON FEBRUARY 21, 2023
Surprise – A recent report from Apartment List says 40% of their users were searching for their next home in a different metro from where they currently reside, and 27% were searching in a new state entirely. Click here to read more.
Read moreCoreLogic: Home Prices Up 6.9% Year-Over-Year
BY BRAD BECKETT ON FEBRUARY 20, 2023
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 6.9% in December 2022. Click here to read more.
Read moreSingle-Family Built-for-Rent Growth Was Strong in 2022
Recent data crunched by the NAHB’s Eye on Housing says single-family built-for-rent construction ended 2022 strong with a rising total market share. Click here to read more.
Read moreWhat’s Ahead for Single-Family Rentals and Build-to-Rent Homes
BY BRAD BECKETT ON FEBRUARY 16, 2023
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what’s ahead for single-family rentals and build-to-rent homes, the economy and a look at why Los Angeles landlords may be fuming right now, over a new law. Click here to read more.
Read moreHow Airbnb & Expedia Turn Customer Cash Into Profit
BY BRAD BECKETT ON FEBRUARY 14, 2023
A recent report by the Wall Street Journal says travel booking companies such as Airbnb and Expedia have become “unlikely beneficiaries” of the Federal Reserve’s fight against inflation. Huh? Apparently, Airbnb & Expedia have been investing billions of dollars of their customers’ money for their own profit and, thanks to rising interest rates, the returns on these investments are higher than ever. Click here to read more.
Read moreVRBO Fights Party House Bookings Ahead of Super Bowl
BY BRAD BECKETT ON FEBRUARY 13, 2023
With all the recent issues & problems involving parties in short-term rentals, VRBO is taking steps to mitigate this by deploying what it calls a “new unauthorized event prevention technology.” FOX News is reporting that this new program was responsible for blocking over 500 event-related bookings in the first 12 months of being piloted in the U.S. Click here to read more.
Read moreGrowth Through Procrastination
BY MARK FAUST ON FEBRUARY 9, 2023
Mark Faust asks, have you put off implementing an effort—one that could significantly impact your business or life? We all procrastinate, but how we react to this alarm bell makes the difference. When there are initiatives that are painful but important for you to do, you can use a few insights and steps to help to unlock the chains of procrastination. Click here to read more.
Read moreWall Street Is Losing Out to Amateur Buyers in the Housing Slump
BY BRAD BECKETT ON FEBRUARY 8, 2023
A recent report on Bloomberg says “Wall Street is losing out” to mom & pop buyers in the current housing slump after they say “big money” spent a fortune snapping up homes. Click here to read more.
Read moreLA County California Extends Eviction Moratorium
BY BRAD BECKETT ON FEBRUARY 8, 2023
Last summer we posted about how, despite pleas from frustrated landlords, the Los Angeles City Council voted to extend the city’s emergency declaration allowing their eviction moratorium. Now, KTTV is reporting that Los Angeles County recently voted to extend eviction protections through March, 2023. Click here to read more.
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