RSS News & Updates

  • U.S. Cities That Are Gentrifying the Fastest February 23, 2017
    For some the word gentrification conjures up images of displacement and for most it’s what happens when rundown neighborhoods get a massive upgrade.  Either way, you cannot deny that when a neighborhood that’s in severe decay is transformed into something vibrant & dynamic it is a good thing.  To that end, recently put together […]
  • Survey Finds More Than Half of Homebuyers Surprised by Closing Costs February 22, 2017
    A recent survey by closing cost data & technology provider ClosingCorp found that over half of homebuyers are still surprised by closing costs, in spite of the year-old TRID rules that were supposed to help consumers better understand costs when buying a home.  The survey interviewed 1,000 first-time and repeat homebuyers who had purchased a […]
  • U-Haul’s 2016 U.S. Growth Cities February 22, 2017
    In their recently released report of the top 2016 U.S. Growth Cities, U-Haul reports that Madison, Wisconsin is the number one growth city for locations with a population more than 50k, with arrivals accounted for 53% of one-way U-Haul traffic. U-Haul Growth Cities are calculated by the net gain of one-way U-Haul truck arrivals over […]
  • Apartment Sector Remains Healthy, But May Be Nearing Slowdown February 21, 2017
    Online real estate marketplace, Ten-X recently released their latest U.S. Apartment Market Outlook which included their top five Buy and ‘Sell U.S. markets for multifamily real estate.  The report also says that the “apartment sector remains strong after years of booming growth, but may now be primed for a slowdown after far surpassing its prior […]
  • US Household Debt at Highest Levels Since 2008 February 21, 2017
    The NY Fed’s Center for Microeconomic Data is reporting that total household debt increased by 1.8% in the fourth quarter of 2016, rising $226 billion to reach $12.58 trillion, only $99 billion short of its peak in Q3 of 2008.  The CMD’s latest Quarterly Report on Household Debt and Credit provides unique data and insight into […]
  • Home Buyers Profile Says Affordability is Hurdle February 20, 2017
    The National Association of Realtors recently released a new Aspiring Home Buyers Profile that said affordability was the main hurdle for potential buyers.  According to the report, non-owners said that affordability of homes was the number one reason they don’t currently own.  Specifically, half of those surveyed said that they could not afford to buy, […]
  • Fix-and-Flip Mortgage Bonds February 20, 2017
    Are the big boys on Wall Street taking notice of home flippers?  That appears to be the case as Inman is reporting that Wall Street and some online lenders are bundling loans for home flippers into “fix-and-flip” mortgage bonds, which offer a new avenue for hedge funds, private equity firms and big players to invest […]
  • Perceptions of Real Estate Investment February 17, 2017
    We’ve seen similar survey results in many different forms and they always point to the same thing;  people know that real estate is one of the best investments for their money!   The folks over at put together this handy infographic to remind us that 27% of Americans believe that real estate is the best […]
  • Housing Starts Down, Permits Rocket Up February 16, 2017
    The U.S. government is reporting that privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,246,000.  This figure is 2.6% below December’s rate, but is 10.5% higher than one year ago.  Single-family housing starts in January were at a rate of 823k and the rate for units in buildings with five […]