Boston Real Estate Investors Association

Author name: Boston REIA

The Federal Government Wants to Micromanage the Nation’s Housing

[ad_1] A recent and quite prescient essay by Ethan Blevins with the Pacific Legal Foundation says the federal government wants to micromanage the nation’s housing.  It was published over at the Hill, a mainstream media outlet focused on the U.S. government and can be read in its entirety by clicking here. Here are some excerpts: […]

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Real GDP by U.S. State

[ad_1] The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased in 46 states (and D.C) in Q4 of 2022.  The percent change in real GDP ranged from 7% in Texas to –4.3 percent in South Dakota. Click here to read the full report at the Bureau of Economic

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Black Knight Says Inventory Levels Continue to Deteriorate

[ad_1] According to Black Knight’s latest Mortgage Monitor, home prices saw their first monthly increase after 7 straight monthly declines as sales picked up on lower interest rates.  However, they point out that available inventory levels continue to deteriorate.  Indeed… “The unfortunate reality is that the scarce supply of inventory that’s the source of so

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Say GOODBYE! Real Estate Agents QUITTING In Droves

The housing market slowdown is starting to cause more and more real estate agents to leave the business for greener pastures. Home sale transaction volume has nearly been sliced in half, and many agents, especially new ones are not making any money. Need a Realtor? https://homeandmoney.com/michael/ ====== Like My Sunglasses? Get a Pair https://ebay.us/PhTVOG ======

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US Mortgage Delinquencies Fall for 22nd Straight Month

[ad_1] According to the latest CoreLogic Loan Performance Insights Report, in January 2023, 2.8% of mortgages were delinquent by at least 30 days or more including those in foreclosure.  This figure represents a 0.5-percentage point decrease in the overall delinquency rate compared with January 2022.  CoreLogic says measuring early-stage delinquency rates is important for analyzing

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