Posts Tagged ‘# FixandFlip’
Why Investing in Real Estate in 2023 Could Be A Good Decision
If you’ve had thoughts about investing in a property anytime soon, now may be the best time to do it! Keep reading to find out why. Strong rental demand One of the most compelling reasons to invest in real estate is the potential for steady rental income. With more and more people opting to rent…
Read MoreHow the Chicagoland market is balancing out
As suburban inventory remains low, detached and attached homes are moving at different paces, according to new data from the Mainstreet Organization of REALTORS®. In October 2022, the time on market for detached homes in the Chicago suburbs rose 20% to 42. Meanwhile, for attached homes, the time on the market decreased 3% year over…
Read MoreATTOM: Foreclosure rates returning to pre-pandemic levels
ATTOM’s 2022 U.S. Foreclosure Market Report shows that foreclosure filings are up 118% compared to this time last year. In August alone, lenders in the United States began the foreclosure process on 23,952 properties. Numbers that high haven’t been seen since before the COVID-19 pandemic. “Two years after the onset of the COVID-19 pandemic, and after…
Read MoreChicago – a top 10 city for real estate investment in 2022/23
by Patrick Regan September 15, 2022 Norada Real Estate Investments recently revealed its 21 best cities for real estate investment in 2022 and 2023, and Chicago made the list. The firm looked at data and trends across the U.S. to determine its rankings, noting each city has its “own set of qualities and disadvantages, but many of them…
Read MoreWhat Does a Recession Do To The Housing Market?
A major concern plaguing the country right now is around the possibility of a recession. We haven’t seen a recession since the 2008 financial crisis, and now we could be headed for one. For real estate investors, we answer a pertinent question, what does a recession do to the housing market? While the US housing market took…
Read MoreHow Multifamily Borrowers are Adjusting to Rising Interest Rates
Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries. Bendix Anderson | Jul 14, 2022 With the recent rate hikes from the Federal Reserve, borrowing costs for multifamily assets are rising as well. This is disrupting sales…
Read MoreHome Appreciation vs. Inflation Since the ’70s
Home Appreciation vs. Inflation Keeping Current Matters says that rising inflation puts a pinch on the wallet and makes you reevaluate any big purchases you may have planned. They point out that potential homebuyers are probably wondering if they should continue down that path or if it makes more sense to wait. While the answer depends…
Read More3 Reasons to Invest in Real Estate During a Recession
This is a reprint of a Bigger Pockets Article By: Remen Okoruwa Remen Okoruwa is the co-founder of RentDrop, a payment app making rent payments more convenient and rewarding for lan… Investing is a game of winning or losing, defined, most of all, by economics. Of course, we never truly know what direction the economy…
Read MoreWhy Is Inflation So High? Why Was 2008 Different?
This is a reprint of a Bigger Pocket Article J Scott J Scott (he goes by “J”) is an entrepreneur, investor, advisor, and author. There’s a lot of uncertainty surrounding the economy, real estate market, and the role of inflation in the economic environment. When it comes to inflation, it’s important to identify how we…
Read MoreFHFA Says Home Prices Up 18.7% from One Year Ago
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 18.7% from Q1 2021 to the first Q2 2022. The seasonally adjusted monthly index for March was up 1.5% from February. The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in…
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