Boston Real Estate Investors Association

US Mortgage Delinquencies Fall for 22nd Straight Month

According to the latest CoreLogic Loan Performance Insights Report, in January 2023, 2.8% of mortgages were delinquent by at least 30 days or more including those in foreclosure. This figure represents a 0.5-percentage point decrease in the overall delinquency rate compared with January 2022. CoreLogic says measuring early-stage delinquency rates is important for analyzing the […]

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Where are America’s New Home-Building Boomtowns?

News / Boston REIA

Realtor.com says not all corners of the U.S. are quite as “new-home parched” as others. They say there are many places across the nation where builders are putting up new homes to meet growing demand – especially in areas where the dollar stretches further. As you might have guessed, most of these locations are in

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Single-Family Market Share Continues to Shift Away from Large Metros

News / Boston REIA

The National Association of Home Builders says single-family market share continues to shift away from large metro areas. Citing data from their recent Q4 Home Building Geography Index (HBGI), they say the largest growth in single-family market share came in rural markets (micro counties and non-metro micro counties), rising from 9.4% in Q4 2019 to

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Cities Where a $100k Salary Goes the Furthest

News / Boston REIA

What are the 25 places in America where $100k goes the farthest? The folks over at SmartAsset remind us that a $100k salary just isn’t what it used to be. With factors such as inflation and varying cost of living in different parts of the country, there are places that give you more bang for

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Your Guide to the Renter’s Bill of Rights – Parts 1 & 2

News / Boston REIA

Recently, the Biden Administration released its Blueprint for the Renters Bill of Rights. On two recent episodes of the Rent Perfect Podcast, David Pickron and his General Counsel Denny Dobbins discuss how this blueprint can and will affect landlords today and in the future. You can download a copy of the White House’s document by

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U.S. Cities with the Highest GDP

News / Boston REIA

Today’s infographic from the Visual Capitalist ranks the economic output of the top 15 U.S. cities from New York City to Minneapolis, using data from the U.S. Bureau of Economic Analysis. Interestingly, America’s metropolitan areas account for roughly 90% of U.S. economic output, however, they do point out that the economic center of gravity within

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Zillow’s Most Friendly Pet Cities for Renters

News / Boston REIA

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

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Investing Couple Explains How They Treat Their Real Estate Flipping & Renting as a Business

News / Boston REIA

Brian Hamrick On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Glenn and Amber Schworm, who together have weathered the ups & downs of real estate investing through good and difficult markets. Back in 2007, Glenn and Amber Schworm owed $80,000 on their credit cards and

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The U.S. Cities that are Drowning in Debt

News / Boston REIA

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

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Redfin Says Investors Buying Half as Many Homes as They Were a Year Ago

News / Boston REIA

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

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