Home Flipping Declines Across in Q3, Profits Lowest Since 2009
BY BRAD BECKETT ON DECEMBER 27, 2022
According to the latest U.S. Home Flipping Report from ATTOM, 92,422 single-family houses and condominiums were flipped in Q3, 2022 representing 7.5% of all home sales in Q3. Click here to read more.
Read moreMarital Status of One-Parent Family Groups in America
BY BRAD BECKETT ON DECEMBER 27, 2022
Let’s face it, the U.S. Census Bureau publishes a lot of interesting data and charts. Likewise, when you’re working hard to ensure that there’s an adequate supply of housing for all income groups and familial situations, data like the chart below can be very useful. Click here to read more.
Read more2023 Housing Market Forecast Comparisons
BY BRAD BECKETT ON DECEMBER 23, 2022
Infographic: We love looking at predictions and try to feature as many as we can. That being said Today’s infographic form Keeping Current Matters takes a look at housing market predictions from 8 different notable sources – covering quite a few proverbial bases. Click here to read more.
Read moreRenters More Likely Than Homeowners to Spend >30% of Income on Housing
BY BRAD BECKETT ON DECEMBER 22, 2022
Citing data from the most recent American Community Survey, the U.S. Census Bureau says over 19 million U.S. renter households spent more than 30% of their income on housing costs in 2021. Click here to read more.
Read moreNAR Forecasts 4.78 Million Existing-Home Sales and Stable Prices in 2023
BY BRAD BECKETT ON DECEMBER 22, 2022
The National Association of Realtors predicts that in 2023, 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the top real estate market to watch. Click here to read more.
Read moreRentCafe’s 2022 Year-End Report
BY BRAD BECKETT ON DECEMBER 21, 2022
In their 2022 Year-End Report, Rentcafe reminds us that 44 million American households live in rental homes across the fruited-plain – the highest level in half a century. So, what were the hottest rental markets in 2022? Click here to read more.
Read moreYardi Says Multifamily Rents Turn Negative
BY BRAD BECKETT ON DECEMBER 20, 2022
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,719 in November, down $9 from October. Yardi says housing is facing a variety of economic headwinds and deteriorating demand, multifamily rents finally turned negative in November. Click here to read more.
Read moreRealtor.com: Will 2023 be the Year of the Homebuyer?
BY BRAD BECKETT ON DECEMBER 19, 2022
As we approach 2023, it’s time for the prognostications and predictions for what the housing market will bring in the coming year. Just like clockwork, Realtor.com has come out with their annual forecast where they say that, while homebuyers & renters hoping for some financial relief in 2023 will likely be disappointed, they won’t get whiplash either. Click here to read more.
Read moreHousing Market “Extremely Unaffordable” Right Now Says Black Knight VP
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.
Read moreThe Blame Game is a No-Win for Landlords
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.
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