Anti-squatting legislation is growing among various states, starting with Florida and Alamaba. According to Charles Creitz of Fox News, a rare bipartisan bill was recently passed that significantly reduces the…
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Tips, tools, and news for rental investors.
Housing supply surges in Spring 2024
New data from the National Association of Realtors (NAR) revealed that home sales in February spiked. Sales of existing homes jumped 9.5% in February to 4.38 million units. Although sales…
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Spring 2024: Rents continue to rise
As expected, the Federal Reserve held rates steady at its meeting last week, according to Jeff Cox of CNBC. After its two-day policy meeting, the Fed announced it would maintain…
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Rates fall, listings surge in spring 2024
The National Association of Realtors (NAR) has settled the commissions lawsuit, according to David Goldman and Anna Bahney of CNN. NAR settled landmark antitrust lawsuits by paying $418 million in…
Biden calls for housing tax credits
President Joe Biden delivered the State of the Union address last week, and there were some interesting takeaways for real estate watchers. Chris Clow of HousingWire reports that the White…
Home prices expected to continue to rise in 2024
According to a new report from Redfin, investors purchased 18% of all homes sold in Q4 2023, an 11% drop since last year. “Investor purchases of U.S. homes fell 10.5%…
2024 spring market starting early?
ATTOM Data Solutions recently released a report on commercial real estate highlighting a significant increase in foreclosures from a low of 141 in May 2020 to 635 in January 2024.…
Foreclosures are increasing as interest rates rise
Last week, we received the inflation data showing that the consumer price index (CPI) rose 0.3% in January month-over-month, according to Jeff Cox of CNBC. The year-over-year inflation rate was…
Rate cut expectations dampen on strong economy
Robert Dietz of the National Association of Home Builders (NAHB) reports that although the Federal Reserve held the federal funds rate steady at 5.5%, markets expect a rate cut. That…