Redfin: Home Sales Getting Canceled at Highest Rate Since Start of the Pandemic
New data from Redfin shows that home sales are getting canceled at the highest rate since the start of the pandemic.
They say some buyers are backing out of deals as the slowing housing market gives them more room to negotiate –
with some being forced to renege on contracts because of higher rates. Click here to read more.
#epicreia
Who Will Buy Baby Boomers’ Homes When They Leave?
A new report form the Mortgage Bankers Association says aging Baby Boomers number an estimated 32+ million people and represent nearly 41% of all homeowners.
Their report asks a critical question; Who will buy the Baby Boomers homes when they leave them? Click here to read more.
#epicreia
Construction Delays in the Apartment Industry Ongoing as Costs Rise
From a Three-Unit House Hack to Three Startup Businesses
BY BRAD BECKETT ON JULY 13, 2022
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with Jon Frantz, an expert in business finance and development, capital raising, property management and operations, who is also transforming a neighborhood with several businesses. Click here to read more.
#epicreia
Fed’s Supersized Rate Hike, Mortgage Rate Sticker Shock, and the Home Equity Bonanza
By Brad Beckett on June 28, 2022
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses the Fed’s biggest rate hike in three decades, mortgage rate sticker shock, inflation hitting an annual rate of 8.6%, and the home equity bonanza. Click here to read more.
#epicreia
I like to Overpay for Rental Properties. That’s Not a Typo. Hear Me Out.
By Daniel Hart
Daniel Hart says All too often we fixate on one metric alone; sales price. It’s the measurement that we’ve been conditioned to use as an indicator of our success or failure. We all want a great deal, and for many of us a discounted sales price is our goal, but should it be? Sometimes, yes, but “it depends”. Click here to read more.
It’s All About Curb Appeal
Infographic: When it comes time to sell that recent, or even just maintaining value and appearance, good curb appeal is essential. Today’s infographic from Keeping Current Matters reminds us that landscaping and small updates can go a long way in boosting your property’s curb appeal. Click here to read more.
You Don’t Need a Massive Pile of Cash to Successfully Invest in Real Estate
On a recent episode of Connecticut REIA’s Real Estate Underground host Ed Matthews talks with Brendan Chisholm about his successful journey into real estate investing and how you don’t need a massive pile of cash to successfully invest in real estate. Click here to read more.
For 9 years in a Row Americans Choose Real Estate as Best Investment
This might seem like a broken record, but for the 9th year in a row, Gallup is reporting that more Americans prefer real estate over other long-term investment vehicles for growing wealth. Click here to read more.
Redfin Says Homebuyer Migration is at an All-Time High
By Brad Beckett on June 22, 2022
A new report from Redfin says a record number of homebuyers are relocating, many in search of affordability as prices and mortgage rates soar. Click here to read more.
