Articles
Ready to get your read on? Dive into the article archive to help you build wealth through real estate investing. We feature top subject matter experts exploring every facet of the industry.
Articles
Ready to get your read on? Dive into the article archive to help you build wealth through real estate investing. We feature top subject matter experts exploring every facet of the industry.
People in Illinois and other states want to move: What does that mean for real estate investors?
Gallup in a new poll has found that residents of some states would readily move if they could. This migration desire is something real estate investors should be aware of and plan for in their investments. While every state has at least some residents who are looking for greener pastures, ...
Who are the foreigners buying up American residential real estate?
All real estate may be local, but the buyers are not. Wonder why home prices are continue to be so high in California? Why are there so many cash buyers? The answer may be international buyers, with 55% of them buying in just four states: California, Florida, Texas and Arizona ...
Housing bubble inflating again mortgage bankers say
Mortgage bankers fear another real estate housing bubble, according to the latest quarterly survey of North American bank risk managers conducted for FICO, a leading predictive analytics and decision management software company, according to a release from PRNewswire. In the survey, 56 percent of respondents directly involved in mortgage lending ...
HomeVestors breaks growth record
Franchisee growth for HomeVestors is up for the first two quarters of 2014, breaking records set in previous quarters as the highest ever class enrollment of new franchisees, according to a release from PRNewswire. The Dallas-based company is the largest professional house buying network of independently owned and operated franchisees ...
Four convicted in $50 million North Carolina mortgage fraud case
A former government organized crime informant and a Ft. Lauderdale grandmother were convicted in federal court last week on conspiracy to commit bank fraud and wire fraud involving a $50 million luxury real estate deal in the North Carolina Mountains involving many Florida “straw buyers.” Domenico ‘Dom’ Rabuffo, 77, of ...
Home price appreciation cools as the weather warms
Home prices nationwide, including distressed sales, increased 8.8 percent in May 2014 compared to May 2013, according to a new report from CoreLogic. This change represents 27 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased 1.4 percent in ...
Mortgage rates continue to drift lower
Mortgage rates were down for the second week in a row, with the benchmark 30-year fixed mortgage rate sliding to 4.28 percent, according to Bankrate.com's weekly national survey releassed by PrNewswire. The average 30-year fixed mortgage has an average of 0.31 discount and origination points. To see mortgage rates in ...
Tenants prefer online ratings more than referrals in seeking rental housing
Prospective renters place higher importance on online reviews than referrals from friends and family, according to a Kingsley Associates' study June 19 at the National Apartment Association Education Conference & Exposition in Denver, and reported by PRNewswire. The first-ever multifamily study on ratings and reviews entitled Highly Recommended: The Influence ...
Two real estate investment schemes shut down
Two real estate investment companies in Missouri have been shut down after investigations by the secretary of state’s office showed schemes where investor money was converted for personal use. Investment Midwest, operated by Renee Goodman, and Herman Beck and Ozark Investor’s Group, LLC, were both told to stop doing business ...
Mortgage rates inched up this week, but still remain low
Bankrate reports that mortgage rates inched up this week, but they remain attractive as more homebuyers and refinancers jump at the opportunity to grab a low rate. The benchmark 30-year fixed-rate mortgage rose to 4.34 percent from 4.32 percent the previous week, according to the Bankrate.com national survey of large ...
Foreclosures down 5 percent in May, but some states still buck the trend
Foreclosure rates dropped 5 percent in May, the lowest monthly total since December 2006, but 21 states still posted monthly increases in foreclosure activity according to RealtyTrac® (www.realtytrac.com). In a release from Marketwired, the company said that foreclosure filings -- default notices, scheduled auctions and bank repossessions- were reported on ...
Mortgage rates reversed course this week, with the benchmark 30-year fixed mortgage rate jumping to 4.32 percent, according to Bankrate.com's weekly national survey released by PR Newswire. The average 30-year fixed mortgage has an average of 0.34 discount and origination points. To see mortgage rates in your area, go to ...
Housing crisis still real for many, as appeal for renting grows new research shows
A new research study shows that 70% of the public continues to believe we are still in the midst of the housing crisis. Also, of interest to real estate investors, is that people believe the country’s housing environment is changing and home ownership is not viewed as a vehicle to ...
Home prices continue slowing, but up year over year topped by Dallas and Denver
Dallas and Denver home prices reached new highs in the latest data through March, released by by S&P Dow Jones Indices for its S&P/Case-Shiller[1] Home Price Indices, according to a release from PRNewswire. The report shows the 10-City and 20-City Composite Indices gained 0.8% and 0.9% month-over-month. In the first ...
Mortgage rates drop for second week in a row
The benchmark 30-year fixed mortgage rate dropped to 4.37 percent in Bankrate's weekly national survey, the company said in a release. The average 30-year fixed mortgage has an average of 0.30 discount and origination points. SURVEY RESULTS 30-year fixed: 4.37% -- down from 4.44% last week (avg. points: 0.30) 15-year ...
American Homes 4 Rent announces another public offering
American Homes 4 Rent, the second largest owner of single-family rental homes in the country, announced another public offering of its series C preferred shares that will be made available as the company continues to buy single family rental homes across the country. The company announced in a release "investors ...
Poll says Americans believe real estate is the best long-term investment
Housing prices are improving in many parts of the country and a new Gallup Poll says Americans now say real estate is the best long-term investment ranking ahead of stocks and gold. The economy and personal finances poll in early April asked Americans to choose the best option for long-term ...
Mortgage rates continue to drop
The 30-year fixed mortgage rate fell to 4.43 this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.33 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/. The average 15-year fixed mortgage rate fell to 3.48 percent, while ...
Lowest total in two years, but 9 million residential properties are still underwater
RealtyTrac reports that 17 percent of U.S. residential properties with a mortgage are still seriously "underwater" meaning the combined loan amount on the property is 25 percent or more above the current market value on nine million homes. “U.S. homeowners are continuing to recover equity lost during the Great Recession, ...
Shadow housing inventory continues down hitting lowest level in three years
The number of distressed residential housing properties continues down as the value of the shadow inventory has dropped $70 billion in the past year reflecting the progress states are making on the foreclosure front, according to a new report from CoreLogic. Foreclosures are down 35% year over year. Shadow inventory ...
Housing shortage in key markets will boost prices
New quarterly data from Local Market Monitor identifies some key markets, including three Texas cities leading the list, that could be prime targets for investors in single family rental properties, according to a release. Topping the list are Fort Worth, Houston and Austin . “The economy has been growing quickly ...
Listhub.com to expand property listings to local MLS publishers starting in Texas
Property listings are going to get wider distribution starting in Texas as a result of an announcement that ListHub.com, a provider of property listings and performance metrics in real estate, is expanding. Move, Inc., owned by Realtor.com will expand their Real Estate Network (REN) syndication of property listings to consumer-facing ...
The largest landlords of single-family rental homes form trade group
The nation's largest group of landlords owing single-family rental homes has formed a new trade group called the National Rental Home Council. Colony American Homes, Invitation Homes, American Homes 4 Rent, and Starwood Waypoint Residential Trust are the founding members of the new group. While small real estate investors own ...
57% of boomers plan to move out of their current home
A new survey released today says 57 percent of boomers plan to move out of their current home and 70 percent believe the house they retire in will be the best home in which they have ever lived, according to a release from Better Homes and Gardens® Real Estate by ...
New survey: People feeling more confident about net worth and finances
People are feeling a little more confident about their personal financial situation, net worth and job security according to the latest survey from Bankrate.com which is good news for real estate investors. The Bankrate Financial Security Index was up three points in March to 102.2, from 99.3 last month. That ...
