FHA Reverses Foreclosure Rule Implemented During Biden Administration
Kathy Fettke Discusses HUD and FHA Policy Rollback on Foreclosures On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how HUD and the FHA are walking back a Biden-era policy on foreclosures that gave nonprofits and government agencies first access to buy distressed properties. She breaks down what this rollback means […]
Record High Number of House Sharing Households Reported
The Rise of House-Sharing: A Growing Trend Among All Age Groups According to recent research from the NAHB’s Eye on Housing, a record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023. Interestingly, they point out that the number of households sharing housing with nonrelatives had been rising steadily since […]
The Most Desired Airbnb Homes in Every State
Airbnb’s Top Wishlisted Homes in all 50 States Airbnb says with the summer travel season just around the corner, data shows that spontaneous trips and nearby travel are on the rise. Interestingly, their data show that trips booked less than a week before travel has been the fastest growing segment over the last three years […]
My First Experience at a Real Estate Investors Association Meeting – The Night That Changed My Real Estate Gameplan
Experience the Power of Connections at a REIA Meeting On a recent episode of the Rent Perfect podcast, David Pickron flips the script and invites longtime behind-the-scenes team member Kent to share his very first experience attending a REIA (Real Estate Investor Association) meeting. This is a must-listen for new investors, REIA members, and anyone […]
HUD is seeking new offices due to over $500 million in deferred maintenance costs.
HUD Headquarters Building Faces $500 Million in Maintenance Needs According to a recent release, the U.S. Department of Housing and Urban Development’s headquarters building in Washington, D.C., is facing over $500 million in deferred maintenance and modernization needs. In response, they have added the HUD headquarters building to the accelerated disposition list to explore relocation […]
The appeal of McMansions to Americans
Why Do Americans Love McMansions? A recent report on CNBC delves into the question of why Americans are so drawn to McMansions. These large homes first gained popularity in the 1980s and have continued to be in demand as buyers seek spacious residences with various amenities. Despite criticisms of their construction quality and design, McMansions […]
The changes in state income taxes since 2000.
State Income Tax Changes Over the Past 5 Years How have state income taxes changed over the past 5 years? Today’s graphic from the Visual Capitalist compares how state income taxes have changed between 2000 and 2025. Stay safe, watch your wallet and have a Happy Friday!!! Hat tip to the Visual Capitalist. How […]
Rocket acquires Redfin in a $1.75 billion agreement
CNBC Reports Rocket Companies Acquisition of Redfin CNBC is reporting that Rocket Companies is acquiring Redfin in an all-stock deal worth $1.75 billion. The deal is expected to close in 2nd or 3rd quarter of this year. Comparing the two companies, CNBC says Redfin operates a home search platform with more than 1 million for-sale […]
The way in which Americans allocate their finances
The Impact of Consumer Spending on U.S. GDP The Visual Capitalist says consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs. Today’s graphic shows the average annual expenditures of Americans, based on data from the Consumer Expenditures Survey 2023 by the Bureau of Labor Statistics. Stay safe […]
Wealthy home buyers are increasingly embracing the concept of rent-to-own.
Affluent Home Buyers Using Rent-to-Own Deals A recent report in the Wall Street Journal (reposted on Realtor.com) says real-estate agents are reporting that affluent home buyers are using rent-to-own deals to finance their homes. Interestingly, they say rent-to-own transactions offer well-to-do buyers substantial benefits such as (in new construction) the ability to discover construction defects […]