Property Management News
In January there was a seven-fold increase in foreclosure starts, new data shows. In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics company Black Knight. What’s more, data from real estate data analytics firm ATTOM Data Solutions revealed that lenders repossessed 2,634 U.S. properties through completed foreclosures in February 2022, which is an increase of 70% from last year (though it’s still down 45% from last month). What do these foreclosures say about the housing market? Realtor.com senior economist George Ratiu says the uptick in... Read more
Understand what the problems are before you buy. Buying a house in foreclosure is often touted as a way for both owner-occupants and investors to get a great deal on a...
And how to avoid them. During the Great Recession, the U.S. economy took a major hit because of mortgage foreclosures. Borrowers all over the nation had trouble paying...
Those under the age of about 36 or 37 probably haven’t worked in real estate at a time when interest rates were higher than 1% in the UK, or maybe 3% in the U.S. Now...
After 100 deals, I have “5 Rules” to buying rental property. You are not going to like them, because they are difficult, but they are necessary to thrive. These...
There’s now a crypto-backed mortgage product out there. But is it a smart use of your crypto holdings? If you haven’t heard the news, a company called Milo is now offering the world’s first crypto-backed mortgage loan. It’s a 30-year product that lets you leverage your cryptocurrency holdings (just Bitcoin at this time) to purchase a home. You then repay the loan monthly, plus interest, in USD, Bitcoin, or stablecoin. During the course of the loan, Milo holds your crypto in a secure location, and once the balance is repaid in full, it’s released and returned to you. For crypto investors, it can certainly be a tempting premise — especially when you... Read more
Supply-chain issues and resulting inflation may soon prompt rate hikes from the Federal Reserve. Here’s what savvy property investors can do in response. In...
It’s tough to keep moving forward if you don’t consider what is waiting to trip you up. There are usually multiple ways to look at anything. In the case of the...
More than $1.1 billion will be made available through the two programs. Federal Housing Finance Agency (FHFA) acting director Sandra L. Thompson announced that the...
Multifamily rent regulation has picked up steam across the country over the past few years, and the pandemic has expanded the public’s desire and political will for...
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