February 2021 Ponzi Scheme Roundup
Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for February 2021. The reported stories reflect at least 3 new Ponzi schemes worldwide, 1 guilty plea, over 62 years of prison sentences, and an average age of…
RealtyTrac: There’s a Greater Chance Landlords Will Default | Paper Source Online
Originally published by Florida Realtors | February 17, 2021
4 Florida counties made the top 25 for increased risk of landlord default, mostly due to an eviction ban that made it harder for some owners to pay the property’s mortgage.…
TX Federal Judge Rules That National Eviction Moratorium is Unconstitutional | Paper Source Online
A federal judge has ruled that the national moratorium on evictions instituted by the Centers for Disease Control and Prevention is unconstitutional.
U.S. District Judge John Barker did not issue an injunction; however, the Donald Trump…
Selected States’ Sales Taxes as Percentage of Total Revenue
We have had a lot of posts about taxes and the various tax rates & collection methods across the country. Today’s infographic from the U.S. Census Bureau takes a look at selected state sales taxes to show how the…
S&P CoreLogic Case-Shiller Index Up 10.4% – Real Estate Investing Today
According to the latest S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, the rate of home price increases reported a 10.4% annual gain in December, 2020. Their 10-City Composite annual…
FHFA House Price Index Up 10.8% Year-Over-Year – Real Estate Investing Today
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.1% in December and up 10.8% from one year ago. The FHFA produces the nation’s only public, freely…
Like Home Buyers, Renters Are Favoring Smaller Markets | Paper Source Online
“Although rents across the U.S. have been growing at a slower pace since the onset of COVID-19 and the major tech hubs continue to see declines, some markets are seeing rents grow by double digits,” says Danielle Hale, Realtor.com®’s chief…
Cities Where Homes Are Selling the Fastest – Real Estate Investing Today
Last spring, the Covid-19 pandemic brought America’s real estate market to a virtual standstill. Roofstock reminds us that location still matters and that despite record-low inventory, demand is extremely strong in areas of…
Treasury Publishes Details About the Emergency Rental Assistance Program – Real Estate…
With the goal of “keeping families in their homes,” the U.S. Department of the Treasury says the Emergency Rental Assistance program makes available $25 billion to assist households that are unable to pay rent and utilities…
“Cheap Old Houses” Attracts Millennials Escaping the Cities – Real Estate Investing Today
We’ve posted a lot of stories about the exodus from our nation’s urban cores to the suburbs. With that in mind a recent story from Reuters about millennials searching for homes in “far-flung places” should have flippers…