RSS News & Updates

  • Termite Facts to Chomp On August 18, 2017
    When it comes to pests, termites rank right up there with bed bugs when it comes to being a nuisance.  The folks over at Rentokil put together this fascinating infographic about termites, how they reproduce, their cost to the economy and ways to you can protect your property.  Who knew termites have been around over […]
  • Are Older Millennials Moving Out of the Inner Cities? August 17, 2017
    It seems like trying to figure out the millennial generation’s next move is akin to hitting a moving target – we just can pin them down.  Now we find that as millennials age, the oldest of the cohort have finally discovered the suburbs.  In a recent post over on John Burns Real Estate Consulting we […]
  • Investors Buy Tax-Delinquent Private Street from under HOA’s Nose August 16, 2017
    A pair of real estate investors in San Francisco may have hit a proverbial goldmine when they spotted an exclusive private neighborhood’s entire street, sidewalks and common areas listed on the city’s online auction site.  According to the San Francisco Chronicle, the couple paid $90k for the “block-long, private oval street lined by 35 megamillion-dollar […]
  • Local Market Monitor’s National Economic Outlook for August August 16, 2017
    Local Market Monitor (a National REIA preferred vendor) recently released their National Economic Outlook for August, 2017 where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook – August 2017 By: Ingo Winzer If the number of jobs in retail, instead of increasing 2 percent a year, will slowly […]
  • Where Are Retirees Moving? August 15, 2017
    We’ve had several posts on REI2Day about moving patterns and shifting demographics.  We recently came across this interesting report from smartasset.com looking at where retirees are moving.  They looked at migration data from the census bureau and then compared the number of people 60 and over who emigrated from a city or state (218 cities […]
  • New York City to Provide Lawyers for Evicted Tenants August 15, 2017
    HousingWire is reporting that New York City will provide legal counsel to low-income tenants facing eviction – for any reason.  Under legislation signed into law by Mayor Bill de Blasio earlier this month, NYC became the first city in the nation to provide such an entitlement when receiving an eviction notice.  The mayor expressed his […]
  • Turning Multi-Families Into “Pop-Up Hotels?” August 15, 2017
    Short-term rentals are hot right now – as well as controversial.  In her latest podcast, Kathy Fettke discusses several new startups that turn vacant apartment units into quasi-hotel rooms until they can be rented out.  In other words, making an empty unit contribute to the bottom-line (via Airbnb) until the next occupant moves in. “WhyHotel […]
  • Delinquency Rate Lowest in Nearly a Decade August 14, 2017
    According to the latest CoreLogic Loan Performance Insights Report, 4.5% of mortgages nationwide in May were in some stage of delinquency (30 days or more past due including those in foreclosure).  This represents a 0.8 percentage point decline in the overall delinquency rate compared with May 2016 when it was 5.3%.   In addition, May’s foreclosure […]
  • Surprise! Real Estate is America’s Top Investment Choice August 14, 2017
    We keep seeing this time and time again;  according to a recent Bankrate.com survey, for the 3rd year in a row real estate is American’s top investment choice.  Right behind real estate we find cash and rounding out 3rd place we find the stock market.  Want to get started in real estate investing?  Visit your […]

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