Tornado Season
Tornado Season With Summer finally upon us, now is a good time to get up to speed with those deadly freaks of nature that no one wants to see firsthand, tornadoes. Today’s infographic from Weather.gov tells us about the types of tornadoes and how to identify them. In addition, Home Depot recently put together a […]
Transitioning to #UUtopia post-Pandemic
Transitioning to #UUtopia post-Pandemic As reflected in the juxtaposition of images above, the extended #StayAtHome has caused many to conclude they #DontFeelAtHome where they live so they’re ready to explore transitioning to a better place. For Sci-Fi or StarTrek fans, that might inspire fantasies of being beamed up to galaxy far away; for others who […]
Number of Mortgages in Active Forbearance Continues to Fall
Number of Mortgages in Active Forbearance Continues to Fall Black Knight is reporting that the number of mortgages in active forbearance fell for the third week in a row in mid-June. According to data, the number of active forbearance plans was down 158k from the peak during the week of May 22. In addition, as […]
Money-saving real estate business models — time for a mass movement?
Money-saving real estate business models — time for a mass movement? Few people in the real estate industry know this month marks the 16th anniversary of the first convention for fee-for-service real estate agents. For consumers, the agenda for that two-day event is less important than the availability of local money-savings options and the track […]
Understanding New PPP Rules Benefiting Sole Proprietors
Understanding New PPP Rules Benefiting Sole Proprietors On a recent episode of Real Estate News for Investors, Kathy Fettke reminds listeners that the deadline to sign up for the Paycheck Protection Program is June 30th and that there are some important recent changes that benefit independent contractors and sole proprietors. These changes include more lenient […]
Long-term US mortgage rates remain at historic lows
Long-term US mortgage rates remain at historic lows Economic uncertainty over spiking coronavirus cases may keep mortgage rates down a while, some experts said. The post Long-term US mortgage rates remain at historic lows appeared first on Boston.com Real Estate.
Yardi Says Rent Growth Trending Down
Yardi Says Rent Growth Trending Down According to the latest Yardi Matrix Multifmaily Report, the average U.S. rent in May was $ 1,460, down $ 5 from April. In addition, they point out that rents increased 0.8% year-over-year but were down $ 5 from April and $ 13 from March. Yardi says this rapid decline […]
Clauses that discriminate against races still exist on some Massachusetts home deeds
Clauses that discriminate against races still exist on some Massachusetts home deeds Some residents may be entirely unaware of a racial covenant’s existence on their deed, especially if their home is older. The post Clauses that discriminate against races still exist on some Massachusetts home deeds appeared first on Boston.com Real Estate.
June Mortgage Demand Spikes to 11-Year High
June Mortgage Demand Spikes to 11-Year High CNBC’s Diana Olick says buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like never before. Citing data from the Mortage Bankers Association she also reported that Mortgage applications rose 4% last week from the previous week […]
Top 10 Zip Codes with Highest Home Flipping Profits
Top 10 Zip Codes with Highest Home Flipping Profits According to ATTOM Data’s latest U.S. Home Flipping Report, home flipping nationwide increased to a 14-year high in Q1 of 2020, while returns dropped to a nine-year low. ATTOM says there were 53,705 single-family homes & condos flipped in Q1, representing 7.5% of all home sales […]