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Being a Landlord Can Be Exhilarating and Scary At the Same Time!

Today’s News Synopsis: New to the RE investing game?  Forbes shares some tips.  Housing demand decreased 1.7% to 134 in October according to Redfin’s latest Housing Demand Index.   Bitcoin is now officially an accepted method of payment for rent. In The News: Forbes – “Practical Tips For First-Time Landlords” (11-30-2017) “Purchasing your first rental property is both …

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Attom Data: Homes in Higher Risk Areas Have More Equity and Longer Tenures.

Today’s News Synopsis: Home prices are rising faster in high natural disaster risk areas.  According to the latest home equity analysis from CoreLogic, the number of homes with a mortgage that is still in negative equity is 2.8 million.  The Federal Reserve has plans to start shrinking their bond portfolio by selling off bonds, although …

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Millennials Believe Technology Makes the Real Estate Investment Process Easier

Today’s News Synopsis: What is spurring Millennial home ownership?  According to Forbes, it’s real estate investing.  Despite previous plans to increase interest rates again this month, the Federal Reserve has decided to postpone it once again.  The Mortgage Bankers Association reported mortgage applications increased 0.4% from last week. In The News: CoreLogic – “CoreLogic Reports Second …

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ATTOM Data Solutions’ Latest Report Shows Which Neighborhoods Received the Best Returns on Real Estate

Today’s News Synopsis: Freddie Mac reported an increase in mortgage rates for the second week in a row with 30-year rates now at 4.03% and 15-year rates at 3.29%.  ATTOM Data Solutions’ latest report shows which neighborhoods were the strongest and received the best returns on their real estate.  Janet Yellen’s had her final day …

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More Startup Companies Hope To Help Landlords By Converting Empty Apartment Units into Hotel Rooms

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased drastically by 7.4% with the increase in interest rates.  JPMorgan Chase just had over 1 million home equity and private banking loans converted by Black Knight Financial into their LoanSphere system.  More startup companies are hoping to help apartment landlords by converting empty apartment …

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Mortgage Performance Continues to Improve According to CoreLogic

Today’s News Synopsis: Mortgage performances are improving with only 4.8% being delinquent in April according to the latest Loan Performance Insights Report.  Janet Yellen is heading up to testify before Congress, all in the midst of a market with increased job growth and not-increasing wages.  Consumers can now have easier access to CoreLogic data through …

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Job Market Bouncing Back with 222,000 New Jobs Added

Sources: CoreLogic US Home Price Report Shows Prices Up 6.6 Percent in May 2017 Mortgage Rates Jump Mortgage Applications Increase in Latest MBA Weekly Survey Home-Price Growth Sizzles in May, Driving a Wedge in the Market These U.S. States Still Haven’t Fully Recovered From Recession The Siege on Communities: NMSA Calls for Actions Two major …

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