Household Debt Hits New High – Real Estate Investing Today
“…the high volume of refinances from super-prime borrowers has also contributed to historically low delinquency rates. With 96.8 percent of total household debt non-delinquent, the current situation is in sharp contrast to the end of 2009,…
Senate Confirms Marcia Fudge as HUD Secretary – Real Estate Investing Today
Hon. Marcia FudgeA former Congresswoman from NE Ohio, Marcia Fudge, was confirmed during the second week of March by the U.S. Senate to lead the U.S. Department of Housing and Urban Development. According to The Hill, she will…
Jobs in Construction Drop By 61k in February – Real Estate Investing Today
According to recent data from the Associated General Contractors of America, construction employment decreased by 61k jobs in February, with the sector’s unemployment rate soaring to 9.6% amid severe winter weather and…
Top Markets Where It Makes the Most Sense To Rent vs. Buy | Paper Source Online
Published by REALTOR.com | March 2, 2021
In more than 15 of the 50 largest metros, buying a home was as—or more—affordable than renting in January 2021, according to a recent Realtor.com report.
Since the coronavirus pandemic took…
Home Selling Might Get Cheaper Thanks to Antitrust Lawsuit – Real Estate Investing Today
On a recent episode of Real Estate News for Investors, Kathy Fettke says selling a home is about to get cheaper thanks to the settlement of a recent antitrust lawsuit between the National Association of Realtors and the U.S. Department of…
NMHC Says 80.4% of Apartment Households Paid Rent by March 6th – Real Estate Investing Today
The National Multifamily Housing Council (NMHC) says that 80.4% of apartment households made a full or partial rent payment by March 6th, 2021. This figure is 4.1% lower than those who paid rent through March 6, 2020 and higher than the…
Zombie Foreclosures Represent 1 in every 14k Homes – Real Estate Investing Today
According to ATTOM Data’s latest Vacant Property and Zombie Foreclosure Report, zombie foreclosures represent only one of every 14,825 homes in Q1, 2021, which they say are just a minuscule portion of the nation’s 99 million…
Which States’ Real Estate Markets are Doing the Best and Worst? – Real Estate Investing Today
A recent report from Bankrate.com says that before the Coronavirus-indiced recession, states like Utah were already “on fire,” however residents from high-tax states like California & Washington emigrating and added fuel to…
Mortgage Rates Tick Up Over 3 Percent, Dealing Home Buyers Another Blow | Paper Source Online
Published by REALTOR.com | March 4, 2021
It looks like the era of cheap loans may be coming to an end.
For the better part of a year, one bright spot for home buyers in this hypercompetitive market of record-high prices and a…
The first 3D-Printed Home for Sale – Real Estate Investing Today
A few years ago we shared a story about a prototype house that was being built by a mobile 3D printer, now fast forward to a new report from CNBC’s Diana Olick about the first ever 3D-printed homes for sale here in the U.S. Olick…