New Rules from NAR Impact Home Buying Process Recent posts have highlighted the impact of a lawsuit on realtor commissions. On a Real Estate News for Investors episode, Kathy Fettke discusses the changing landscape of home buying. Gone are the days of casual home tours with newly met real estate agents. The National Association of […]
NAR’s revised guidelines are revolutionizing the home buying experience. Read More »
Americans Choose Real Estate as Best Investment for the 12th Year in a Row As we mentioned last month, Keeping Current Matters has once again highlighted the fact that for the 12th consecutive year, more Americans prefer real estate as a long-term investment over other options. This trend underscores the enduring appeal and reliability of
Real estate remains a top choice for long-term investments. Read More »
American Land Title Association Reports Increase in Seller Impersonation Fraud Attempts The American Land Title Association reveals that seller impersonation fraud attempts are on the rise, with 28% of title companies encountering at least one such incident in 2023, according to their recent study. According to the study, seller impersonation fraud is often detected before
Detecting and preventing seller impersonation fraud Read More »
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,753 (up $4) in July, 2024. Year-over-year growth was unchanged at 0.8%. Yardi says multifamily growth is weak, but there is some strength. Indeed… “Multifamily rent growth is weak nationally compared to long-term levels, but the
Yardi Matrix reports that the growth of multifamily rents is currently sluggish. Read More »
The U.S. Bureau of Labor Statistics has recently released a report stating that the Consumer Price Index for All Urban Consumers (CPI-U) saw a 0.2% increase in July 2024. Over the past 12 months leading up to July, the index has risen by 2.9%. One significant contributor to this increase was the 0.4% rise in
Inflation has increased by 2.9% compared to the previous year. Read More »
The U.S. government has reported that total construction spending in June 2024 was at a seasonally adjusted annual rate of $2,148.4 billion, which is 0.3% lower than May’s revised number. However, June’s revised estimate is 6.2% higher than one year ago. Residential construction was at a seasonally adjusted annual rate of $928 billion in June,
Construction spending in the U.S. experienced a slight decrease once again in June. Read More »
According to the most recent CoreLogic Home Price Insights (HPI) report, home prices in the U.S. saw a year-over-year increase of 4.7% in June 2024 compared to June 2023. Month-over-month, there was a 0.3% growth in home prices in June 2024 compared to May 2024. This marks the 149th consecutive month of year-over-year home price
Did you know that having a Trader Joe’s or an ALDI near your property could potentially increase its ROI? This information comes from ATTOM Data’s recent report “8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions.” Keep that in mind when stocking your pantry! Stay safe and have a Happy Friday! [Link to
The Influence of the Location of a Grocery Store on Housing Prices Read More »
The Pacific Legal Foundation recently announced that a Michigan mother has appealed to the Michigan Supreme Court to uphold her constitutional right to fair compensation after her home was foreclosed on by Manistee County, sold, and the county kept $102,636 more than she owed. Chelsea Koetter, a single mother of two, fell behind on her
According to the most recent ICE Mortgage Monitor (formerly Black Knight), mortgage delinquencies saw a significant spike in June, increasing by 14.5% (+45 basis points) to 3.49%, the second highest level in 18 months. However, the number of loans in active foreclosure reached the lowest point since the end of COVID-era moratoria. The ICE Mortgage