Posts Tagged ‘#smithcopropertyservices’

Inflation Rate at 40 Year High

The U.S. Bureau of Labor Statistics, who tracks the inflation Rate is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.6% in January, 2022.  However, the all items index was up 7.5% for the 12 months ending in January.  Inflation Rate Buckle up… Click here to read the full release at the Bureau…

Read More

Property Management, When Is it Time to Oursource

  Adding properties to your investment portfolio diversifies your risk and can certainly lead to more passive income, but with more properties comes more challenges (and more work). If you have the time and skills to manage multiple properties on your own, more power to you. But, if you’re getting to a point where you’re…

Read More

WHERE ARE THE BEST SUBURBS FOR CITY-LIKE LIVING?

The Dallas and Chicago metro markets offer some of the best suburbs for city-living and suburban atmosphere, according to StorageCafe. By Vincent Salandro Courtesy Adobe Stock While the suburbs have not always been able to compete with cities in terms of lifestyle offerings, shifting expectations in recent years have caused many suburban areas to offer more…

Read More

Fed sees three rate hikes next year

Fed sees three rate hikes next year Fed will aggressively dial back its bond buying, sees three rate hikes next year PUBLISHED WED, DEC 15 20212:01 PM EST UPDATED WED, DEC 15 20216:28 PM EST Jeff [email protected]@JEFFCOXCNBCCOM SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email KEY POINTS The Federal Reserve provided…

Read More

Black Knight Says 1.45 Million Mortgages Remain Seriously Past Due

The national delinquency rate saw a 5% reduction in July and at 4.14% is now down by nearly half since May of last year Delinquencies have now improved in 12 of the last 14 months, with the two monthly increases being calendar-related as opposed to being indicative of worsening performance While overall delinquency volumes continue…

Read More

Pending Home Sales Down 1.8% in July

Pending Home Sales Down 1.8% in July WASHINGTON (August 30, 2021) – Pending home sales dipped modestly in July, noting two consecutive months of declines, according to the National Association of Realtors®. Only the West region registered a month-over-month gain in contract activity, while the other three major U.S. regions reported drops. All four regions…

Read More

Should You Diversify Your Portfolio With Housing Stocks?

This is a reprint of a Bigger Pocket Post from Matt Mayre Finding a good deal in the current real estate market can be pretty difficult. Prices are maxed out in most markets and sellers are getting bombarded by offers, many of which are above asking. The science of investing tells us that buying near…

Read More

Home Sales Increased—But Will We Ever Meet Demand?

This is a reprint of a Bigger Pockets Article written by Matt Mayre The housing market has been tight on inventory since well before the pandemic. We’re nowhere near the end of the problem, unfortunately—but the effects of the pandemic finally appear to be tapering off. Home sales increased in July New data released by the…

Read More

I Need to build a team !!!!!! HELP

I Need to build a team !!!!!! [email protected] an Investor From London England on Bigger Pockets asks:  On a recent Bigger Pocket Post Jason from London England asked for help to build a team for his first investments. Here’s our response to his question. @Jaloan asked: How do I go about building my team of a Lender,…

Read More

What are the Security Deposit Changes in the new RTLO

Cook County Commissioners pass new RTLO for Rental Deposits Security Deposit- In January 2021, the Cook County Commissioners passed the new Residential Tenant Landlord Ordinance, also known as the new RTLO.  The RTLO will go into effect on June 1, 2021, and will bring many changes to owners in the 125 cities in Cook County.…

Read More