Rental Concessions Increasing in Today’s Multifamily Market
Rental rates keep rising nationally, but renters are getting more bang for their buck these days due to an increase in rental concessions. According to a report from CoStar, an increasing number of...
View ArticlePhoenix Area Flipping Data Illuminates National Trends
A recent report from ATTOM Data Solutions about national flipping trends stated that about one in every 10 homes in Phoenix, Arizona metro area market is a flip. Only five markets posted higher...
View ArticleConsumer Reports Releases Top Exterior Paint Colors for 2018
Consumer Reports released it’s “Hottest Exterior Paint Colors of 2018” which outlines this year’s most attractive exterior colors as well as which brand carries them and which sheen works best for the...
View Article3 New Rental Housing Laws Landlords Should Know
Three legislative bills passed during Q2 2018 that will impact rental property owners. These three bills either directly affect landlords because they are national policy or may affect landlords in the...
View ArticleTop 3 Reasons Closings Were Delayed in April 2018
About one in every five closings were delayed or terminated in April 2018, according to findings from the Realtors Confidence Index, released by the National Association of Realtors (NAR) this week. 17...
View Article“Cluster Mailboxes” Affect Developments, Demand
To reduce or even eliminate sidewalk and curbside delivery, the U.S. Post Office has begun encouraging a new form of mass mail delivery. Nearly two-thirds of single-family builders report they have had...
View ArticleReal Estate Agent Sets World Record: $1.9 Billion Sold
Let the “everything’s bigger in Texas” jokes begin. Ben Caballero will laugh all the way to the bank. Caballero, who already held the world record for selling $1.444 billion worth of homes in 2016,...
View ArticleU.S. Homeowner Equity Passes $1 Trillion Mark
Just under two-thirds of homeowners saw double-digit increases in their home equity between March 2017 and March 2018 according to CoreLogic. That increase equated to a total gain of $1.01 trillion,...
View ArticleFed Raises Interest Rates for the Second Time This Year
Citing information indicating “the labor market has continued to strengthen and that economic activity has been rising at a solid rate,” the Federal Open Market Committee of the Federal Reserve opted...
View ArticleReal Estate Professionals Increasingly Reliant on Mobile Devices
According to a new survey from Realtors Property Resource (RPR), and the National Association of Realtors (NAR), about a third of real estate professionals spend about seven hours of their workday on...
View ArticleLeading National Real Estate Investing Event Coming to SoCal
Think Realty will hold a Conference and Expo, July 14 and 15, at the Marriott Irvine Spectrum. The real estate investing event will focus on technology and innovation, while also featuring real estate...
View ArticleCity of Columbus Files Complaint Against Real Estate Investors for Alleged...
The city of Columbus, Ohio, has filed a complaint against a Nebraska-based corporation that owns 11 properties in the area. Alleging the corporation is a shield to protect the real estate investors who...
View ArticleChicago Condos Attract Owners with Car-Sharing Perks
Amenities and perks could be the difference between a condo investment that fills up quickly with paying residents and one that doesn’t. Vista Tower, which will open next year, is erring on the side of...
View ArticleGovernment Regulations Account for Nearly One-Third of Multifamily...
Government regulations make up about a third (32.1%) of the cost of multifamily development, reported the National Association of Home Builders (NAHB) and the National Multifamily Housing Council...
View Article5 Hardest-Hit Markets for Housing Inventory Shortages
In several major markets, a shortage of existing housing inventory is approaching crisis levels. For real estate investors, that could represent a great opportunity if they have access to off-market...
View ArticleMashvisor Names Top 5 Markets for Airbnb Investments for June
Airbnb rentals tend to flourish when tourist destinations heat up in the summer months, so it likely will come as little surprise that Mashvisor’s top five markets are all in attractive destination...
View ArticleSupreme Court Ruling Makes Way for Fair Housing Suits Against Lenders
A 2017 ruling from the Supreme Court says cities have the right to sue banks and lenders if they can prove violations of the Fair Housing Act caused the plaintiff city direct harm. The ruling, a result...
View ArticleFederal Flood Insurance Program to Expire July 31
The National Flood Insurance Program (NFIP), a federal program offering flood coverage to more than 5 million property owners nationwide, will lapse at midnight on July 31, 2018, if it is not extended....
View ArticleDriverless Car Fad Frees Up Garage Space
As driverless cars become more popular and the technology more advanced, real estate design and values are likely to adapt. According to Justin Thompson, a columnist at Forbes.com, driverless cars...
View ArticleEmerging SoCal Real Estate Factor Affecting Long and Short-Term Rentals
The Southern California market, like the entire California real estate market, is hot for investments at the moment. Both the traditional and the Airbnb rental strategies can be very lucrative because...
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