Record Number of Buyers Migrate from One Metro to Another
BY BRAD BECKETT ON NOVEMBER 10, 2022
A new report from Redfin says surging mortgage rates and persistently high home prices are motivating many of the home buyers to relocate to more affordable areas, but they say migration may slow as the economy continues to soften. Click here to read more.
Read moreBold Predictions on How Supply-Chain Challenges Will Affect Real Estate Investing & Material Prices
BY BRAD BECKETT ON NOVEMBER 9, 2022
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Jeff Davis, managing partner of Bridgestone Capital, who solves complex supply chain issues for clients all over the globe. Click here to read more.
Read moreTop 10 Emerging Real Estate Markets in Q3 2022
BY BRAD BECKETT ON NOVEMBER 9, 2022
As we’re rounding third and heading for home to close out this year, Realtor.com says “forget simple curb appeal” there are affordable real estate markets that offer some much-needed relief from soaring prices and punishing inflation that are attracting homebuyers. Click here to read more.
Read moreMobile Home Values Rising Nearly As Fast As Single-Family Homes
BY BRAD BECKETT ON OCTOBER 19, 2022
A new report form LendingTree found that while mobile homes are generally far less expensive than their single-family counterparts, their values appreciated as quickly as single-family homes. Click here to read more.
Read moreForeclosure Activity Continues to Increase
BY BRAD BECKETT ON OCTOBER 17, 2022
According to ATTOM Data’s Q3 2022 U.S. Foreclosure Market Report, showing there were 92,634 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions). Click here to read more.
Read moreMortgage Interest Rates & Purchasing Power
BY BRAD BECKETT ON OCTOBER 13, 2022
Recently, the news has been full of headlines about rising interest rates and how they will affect potential home buyers. The folks over at Keeping Current Matters reminds us that rising rates impact purchasing power by raising the buying costs as well as limiting how much a buyer can comfortably afford. Click here to read more.
Read moreStock of Occupied Homes in the U.S. by Decade Built and Building Type
BY BRAD BECKETT ON OCTOBER 12, 2022
A recent “chart of the week” from the Mortgage Bankers Association illustrates the current stock of occupied homes in the U.S. by the decade built and by building type. Click here to read more.
Read moreCities Where For Sale Inventory is Dropping Most
BY BRAD BECKETT ON OCTOBER 10, 2022
A recent report from Realtor.com says “there are still deals available” but you need to know where to look for them. Their report reveals the cities where homes are selling briskly, competition remains fierce, and available homes are scarcer than peak COVID-19-era toilet paper – in other words, metros where housing inventory is falling instead of piling up. Click here to read more.
Read moreLand for Housing is Short Because of Land-Use Restrictions & Lack of Infrastructure
BY BRAD BECKETT ON OCTOBER 6, 2022
A recent article in the Wall Street Journal says land for housing is in short supply because of land-use restrictions and lack of infrastructure. They say land-use restrictions and a lack of public investment in roads, rail and other infrastructure have made it harder than ever for developers to find sites near big population centers to build homes. Click here to read more.
Read moreIs Your Rental Applicant Hiding Behind an Alias?
BY BRAD BECKETT ON OCTOBER 6, 2022
On a recent episode of the Rent Perfect podcast David Pickron says one thing that is critical to being a successful landlord is knowing exactly who is applying as a tenant for your property. Click here to read more.
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