Real Estate Investing

The U.S. Government is reporting that sales of new single-family houses in February, 2021 were at a seasonally adjusted annual rate of 775k which is 18.2% lower than January’s revised rate and is 8.2% higher than one year ago.  The median…

As of March 16th, 2021, thirteen states have lifted almost all of their coronavirus restrictions. Today’s infographic from Statista says that in places like Texas, Florida, and Georgia there are no mask mandates, stay-at-home…

(New York Post) The landlord bought this two-story, semi-detached home for about $477,000 and exhausted her savings to renovate it.Back in January we posted about a New York City landlord who was himself facing eviction after…

Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic OutlookBy…

There is a new report from Zillow’s economic research team that attempts to put some understanding into the pandemics effect on the housing market. The 32-page slideshow report, “Using Census and Zillow Data to Understand…

The National Association of Realtors is reporting that existing home sales were down 6.6% in February to a seasonally-adjusted annual rate of 6.22 million (up 9.1% from one year ago).  Total housing inventory at the end of…

Litigation To Successfully Challenge The CDC Eviction MoratoriumBy Jeffery S. Watson There are two important legal concepts that apply to every lawsuit:  standing and jurisdiction.  For a person to be a party to a lawsuit, such…

According to ATTOM Data’s latest U.S. Foreclosure Market Report, there were a total of 11,281 properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) across the nation.  This figure is up…

Just last month we saw a report about building materials surging 5.4% in 2020.  In fact, in September alone softwood lumber soared by a record 29%! Now comes a report on HousingWire that says increased costs for lumber and other building…

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,421,000, which is 10.3% below January’s revised number.  February’s rate for units in buildings with…