It might be a little apropos considering the developing banking crisis as we post this;Â a recent report from Bankrate.com says an uncertain economy is affecting how Americans are able to save for emergencies. In fact, they say that nearly half (49%) of Americans have less savings (39%) or no savings (10%) compared to a […]
Bankrate’s 2023 Annual Emergency Savings Report Read More »
A new report from Realtor.com says a decade of under-building in America has led to a shortfall of 6.5 million single-family homes in the U.S. To come up with their conclusions, Realtor.com looked at household formation, housing starts, and home sales. They found that given how many households were formed between 2012 and 2022 the
Monday, March 20th, is the first day of Spring! That means now is a great time to start thinking about your property’s landscaping. Whether it’s a rental or a new flip, a good-looking lawn will certainly add value and improve its curb appeal! The folks over at The Home Depot put together this handy infographic
Spring Fertilization Tips – Real Estate Investing Today Read More »
A recent report from Zillow says the most pet-friendly city in the country for renters is Austin, Texas, with over 4 out of every 5 rental listings allowing pets. In fact, as of January, Zillow says more than half of their rental listings indicated they allow pets. Interestingly, 4 out of the top 10 cities
Zillow’s Most Friendly Pet Cities for Renters Read More »
Understanding The Tax Laws and Regulations is Crucial for Real Estate Investors By Tiffany McBroom and Melanie Sikma Real estate investment is a popular and profitable venture for many individuals, but navigating the tax implications can be overwhelming. It is crucial for real estate investors to understand the tax laws and regulations specific to real
Understanding the Tax Laws and Regulations is Crucial for Real Estate Investors Read More »
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in February, 2023 was $1,492 (unchanged from January) and the median two-bedroom rent was $1,824 (up 0.1% from January). Zumper says year-over-year rent-price increases continued to decelerate from post-pandemic-era increases in 2021 and 2022.Â
Zumper’s National Rent Report for February ’23 Read More »
According to the Mortgage Bankers Association’s recent National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.96 percent of all loans outstanding at the end of Q4 2022. The MBA says the delinquency rate was up 51 basis points from Q3 but still down
Statista says 50 out of the 75 largest cities in the U.S. are currently running a deficit and, in some cases, a pretty hefty one.  Today’s chart illustrates those cities with the highest municipal debts per taxpayer. Indeed….Stay safe and have a Happy Friday!! “…despite being obligated to pay employees’ pension and retiree health care
A new report from Redfin says that investor purchases of U.S. homes fell a record 45.8% year over year in Q4 2022. They said the high cost of borrowing money and the prospect of substantial home-price declines have made real estate investing less attractive. In addition, they point out that the 2nd biggest decline on
Redfin Says Investors Buying Half as Many Homes as They Were a Year Ago Read More »
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 6.9% in December 2022. On a month-over-month basis, home prices declined by 0.4% in December compared with November 2022. CoreLogic predicts that home prices will decrease on a month-over-month basis by 0.2% from December