Mon.Feb 19, 2024

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How do you solve the California housing crisis?

Housing Wire

California looms large in any discussion of housing affordability. The largest state by population, one out of every eight Americans lives in the Golden State, but the homeownership rate is dismal. According to Ben Metcalf, managing director of the Terner Center for Housing Innovation at UC Berkeley, the homeownership rate for California is 50 percentage points lower than the rest of the nation at only 44% in 2021.

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In Focus: How the MLS drives innovation in real estate

Real Estate News

UtahRealEstate.com CEO Brad Bjelke believes the wealth of data provided by MLSs makes them “more important today than at any point in time.

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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years. The chronically distressed properties cycled in and out of foreclosure for an average of 475 days, resulting in a lost equity rate of more than $5,000 a year and nearly $450 a month.

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NAR shares ‘real story’ of leadership, strategic shifts

Real Estate News

New messages from Interim CEO Nykia Wright and President Kevin Sears lay out changes to “presidential initiatives,” NAR’s Leadership Team and culture work.

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Take the Inman Intel Index Survey for February

Inman

The Triple-I goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey.

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Strong Quarter for Single-Family Built-for-Rent Construction

Eyes on Housing

Single-family built-for-rent construction accelerated at the end of 2023, as builders sought to add additional rental housing in a market facing elevated mortgage interest rates. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 22,000 single-family built-for-rent (SFBFR) starts during the fourth quarter of 2023.

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11 Tips To Generate Cash Flow When Interest Rates Are High

BiggerPockets

Rental properties have been one of the largest real estate industry sectors to be hit by the increase in interest rates.

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Savvy tax strategies to see you through the 2023 tax season

Inman

As you gather your 1099s and W2s and reconcile your accounts, writes financial planner Jordan Curnutt, don’t sleep on these key tax planning strategies that can truly move the needle this tax season.

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Here’s How To Earn Modern and Traditional Passive Income in 2024

BiggerPockets

From stocks to real estate to crypto to advertising on your car, passive income is the core goal of any investor. So how can you make the most of your opportunities in 2024?

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Yardi predicts weak multifamily rental growth for 2024

Inman

As a result of the delivery of 540,000 new apartments during 2024, Yardi is predicting weak rental price growth in some markets.

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Multifamily Is Likely To Start Recovering in 2024—Here’s Why

BiggerPockets

In his recent article, BiggerPockets CEO Scott Trench did a great job enumerating all the reasons why multifamily is in the difficult position it’s in.

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4 common buyer objections and how to resolve them

Inman

When buyers express reluctance, they’re not necessarily telling you they don’t want to move forward, Luke Babich writes. Sometimes, they’re asking you to help them move forward.

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Early Retirement at 36 by Doing What EVERY Entrepreneur Should

BiggerPockets

If you want to reach early retirement, especially in your thirties, you’ll need to take some big risks.

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Many hoped a March rate cut would boost housing. Now, it’s not so clear

Inman

Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy.

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Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market

BiggerPockets

Want to know how to set your kids up for LIFE? The answer is pretty simple: rental properties.

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WATCH: OpenAI’s Adam Goldberg on developing AI clarity

Inman

A founding member of the company's go-to-market team, Goldberg outlines what it takes to make ChatGPT and other AI-based platforms work for you and your real estate business.

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What will be key to the commercial real estate sector’s performance this year?

Mortgagebroker News

Prospects appear to be improving after a bumpy few years

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Watch your back. Don’t sleep on these new agent safety hacks

Inman

From client screening to cybersecurity and more, it's essential for you to take care of yourself and stay safe in today's world. Security expert Tracey Hawkins offers a range of strategies to improve your odds.

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Lenders hold back on mortgage rate hikes amid high competition

Mortgagebroker News

Customers cushioned from widespread increases – for now

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Happy Presidents’ Day!

Empire Appraisal Group

Celebrate Washington and Lincoln’s Birthday with an appraisal! Nothing says Presidents’ Day like getting your home appraised. Call us today, 561-441-9298 The post Happy Presidents’ Day! appeared first on Empire Appraisal Group.

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How GoFormz Empowers Engineers

GoForrmz

Empowering engineers with the power of GoFormz mobile forms From building bridges to manufacturing technology , engineers play an important role in shaping our world. However, the demands of modern engineering require a lot more than technical expertise. They require effective and modern processes, which is where digital forms come into play. More and more engineering companies are making the switch from paper to digital, and it’s clear to see why.

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DLC Group unveils quarterly dividend

Mortgagebroker News

Dividend is set for March 15

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5 Things You Should Know Before Buying Your First Condo

Lamacchia Realty

5 THINGS YOU SHOULD KNOW BEFORE BUYING YOUR FIRST CONDO Buying your first home can be a fulfilling experience, and many people say reaching this milestone is their proudest financial achievement. It’s a process filled with excitement, anticipation, and perhaps some feelings of nervousness as you navigate the complexities of the real estate market.

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MCAN Financial Group launches digital GICs

Mortgagebroker News

The direct-to-client channel will fit under one of its key brands

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Unlock Your Sales Success: Join Our Team as an Inside Sales Agent

Houston Properties

Become a key player in the journey to excellence with Houston's #1 Boutique Real Estate Team.

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Federal government announces funding for senior housing in Ontario

Mortgagebroker News

Two projects to deliver over 50 senior housing units in Woolwich and Oxford

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Paige Martin: Award- Winning Houston Real Estate Expert

Houston Properties

The Houston Properties Team is the #1 boutique real estate team in Houston, Texas. Learn more about the best realtor in Houston.

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Mortgage payments hit consumer stocks

Mortgagebroker News

Indebted Canadians are prioritizing mortgages over their essentials

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Hostaway Reviews: What Sets the Platform Apart?

Mashvisor

The rental market’s growth required efficient property management tools. Let’s look at Hostaway reviews to see how the platform fares. Hostaway was created to simplify rental property management.

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Guesty PMS Overview: Features, Pricing, and Reviews

Mashvisor

Guesty PMS is one of the most popular vacation rental property management software platforms, used equally well by investors, hosts, and professional property managers.