RSS News & Updates

  • Mortgage Delinquency Rates by Loan Type May 21, 2019
    According to recent data from the Mortgage Bankers Association’s National Delinquency Survey (NDS), the overall delinquency rate for all types of loans rose to 4.42%, after previously being at an 18-year low.  Breaking it down, the delinquency rate for conventional loans increased 27 basis points to 3.46%, the FHA delinquency rate increased 28 basis points […]
  • Puerto Rico Wants to Use Federal Aid to Juice Opportunity Zone Projects May 21, 2019
    A recent report by Bloomberg says that Puerto Rico wants to shift $400 million of its federal aid toward Opportunity Zone projects.  According to the report, PR’s Governor, Ricardo Rossello, is currently seeking federal approval to create a fund to invest community development block grant funds into such projects.  In addition, the governor signed a […]
  • Housing Affordability Rose in Q1 May 20, 2019
    According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in Q1 of 2019.  The report says that 61.4% of new and existing homes sold between the first of January to end of […]
  • Housing Starts and Building Permits Up in April May 20, 2019
    The U.S. government is reporting that privately‐owned housing starts in April were at a seasonally adjusted annual rate of 1,235,000.  This figure is 5.7% above March’s revised estimate but is 2.5% lower than April, 2018. Single‐family housing starts in April were at a rate of 854k, which is 6.2% higher than March.  The April rate […]
  • What’s Behind Phantom Traffic Jams? May 17, 2019
    We’ve all experienced them….they know no social bounds….we all hate them……and they seemingly pop up out of nowhere with no logical explanation and then disappear almost as quickly as they arrived….we’re talking about “Phantom Traffic Jams.”  Brilliantly, the folks over at say these phantom jams are a “disruption in the flow of traffic caused […]
  • Top Home Technology Features that Buyers Want May 16, 2019
    What home technology features are buyers looking for? According to data from the latest issue of the NAHB’s, What Home Buyers Really Want, 46% said security camera was at the top of their list, followed closely by a video doorbell.  The study is based on a survey that asked recent and prospective home buyers about […]
  • Electricity Rates in Each State May 15, 2019
    The folks at remind us that electricity is one of the absolute necessities of modern life – powering everything from computers to refrigerators and even charging up our mobile phones and tablets.  Using data from the U.S. Energy Information Administration, they crunched the numbers to see how much Americans pay for electricity across the […]
  • Local Market Monitor’s National Economic Outlook for May May 15, 2019
    Local Market Monitor, a National REIA preferred vendor, recently released their National Economic Outlook for May, 2019 where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook – May 2019 May 13, 2019 By: Ingo Winzer Measured by Gross Domestic Product, the economy grew at a 3.3 percent annual rate […]
  • The Power of the Vacation Rental Marketing Machine May 14, 2019
    Short-term vacation rentals like Airbnb have become very lucrative for real estate investors.  On a recent Rental Property Owner & Real Estate Investor podcast, Brian Hamrick interviews Beth Carson, a well-known expert on the subject of of Short-Term & Vacation Rentals.  She has been in the hospitality industry for 18 years working with mini-resorts and […]