As winter arrives, particularly in the northern regions of the country, today’s visuals from Weather.gov serve as a valuable reminder on how to handle snowy conditions. It is essential to share these graphics and prioritize safety. Have a wonderful and safe Friday! Additionally, credit goes to Weather.gov for providing this information. Visit their website for […]
The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest
Despite profits continuing to rise, the activity of flipping has seen a decline. Read More »
According to Black Knight’s latest Mortgage First Look, the national delinquency rate decreased by 3 basis points to 3.26% in October. This represents a 9 basis point improvement compared to the same time last year. However, foreclosure starts increased to 33,000 in October, reaching their highest levels in 18 months. Meanwhile, the number of foreclosure
Foreclosure initiations surged in October – Real Estate Investing Today Read More »
According to Statista, a free press is crucial for holding governments accountable and informing the public, allowing voters to engage in political discussions and make informed decisions. However, Gallup data cited by Statista shows that an increasing number of Americans no longer trust the media. This situation reminds us of the saying “trust, but verify.”
A Unique Perspective: Thanksgiving is a holiday holds a special place in the hearts of many, as it brings families together to celebrate and give thanks for the blessings in their lives. However, Thanksgiving is not only about delicious meals and quality time with loved ones; it also provides an interesting lens through which we
According to a recent analysis from Zillow, more couples are using wedding registries to seek financial assistance in purchasing their first home. The data reveals that the number of couples including “home funds” in their wedding registry has increased by 55%. Approximately 20% of couples registered on The Knot, a popular bridal registry site, are
More Couples are Using Wedding Registries for Help Buying First Home Read More »
According to a report by the U.S. government, total construction spending in September 2023 reached a seasonally adjusted annual rate of $1,996.5 billion. This represents a 0.4% increase compared to the revised estimate for August and an 8.7% increase compared to the same period last year. Residential construction also saw growth, with a seasonally adjusted
According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around
The fourth quarter sees an increase in zombie foreclosures Read More »
Apartment List recently released their latest National Rent Report for November 2023, providing key insights into the current state of the rental market. This report offers valuable information for those interested in real estate investing. The National Rent Report from Apartment List, a trusted source in the industry, is a reliable resource for real estate
Apartment List recently released their latest National Rent Report Read More »
According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes