Real Estate News and Auction
16.0K views | +12 today
Your new post is loading...
Scooped by AZ Mountain Lake Realty
July 2, 2022 8:25 AM
Scoop.it!

Mapped: The Growth in U.S. House Prices by State

Mapped: The Growth in U.S. House Prices by State | Real Estate News and Auction | Scoop.it
On average, U.S. house prices grew by 18.7% from Q1 2021 to Q1 2022. How has price growth differed by state over various timeframes?
No comment yet.
Scooped by AZ Mountain Lake Realty
June 30, 2022 10:06 AM
Scoop.it!

Current Mortgage Interest Rates: June 27, 2022—Rates Rise Again –

Current Mortgage Interest Rates: June 27, 2022—Rates Rise Again – | Real Estate News and Auction | Scoop.it
30-year fixed mortgage rates rose today.

The average rate on a 30-year fixed mortgage is 5.90%, according to Bankrate.com. On a 15-year fixed mortgage, the average rate is 5.14%. The average rate on a 30-year jumbo mortgage is 5.79%, and the average rate on a 5/1 ARM is 4.29%.

Related: Compare
No comment yet.
Scooped by AZ Mountain Lake Realty
June 30, 2022 9:39 AM
Scoop.it!

Housing: ‘We’re at a tipping point’ for home prices, economist says

Higher mortgage rates are finally carving out early signs of a cooling housing market.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 12:01 PM
Scoop.it!

21 Tips To Read Before You Get Started Investing in Notes

21 Tips To Read Before You Get Started Investing in Notes | Real Estate News and Auction | Scoop.it
“How do I get started investing in notes?” That’s a question we hear daily from tired landlords, stressed out rehabbers, or the couple next door wanting to improve life for their family. Own The Re…
No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 10:01 AM
Scoop.it!

Housing correction is 'dead ahead,' warns economist Mark Zandi

Mark Zandi, Moody's Analytics chief economist, on whether the housing market is due for a coast-to-coast correction. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Dan Nathan, Courtney Garcia and Karen Finerman. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast 
 
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/ 

#CNBC
#CNBCTV
No comment yet.
Rescooped by AZ Mountain Lake Realty from In the Biz - Commercial Real Estate News
June 29, 2022 9:40 AM
Scoop.it!

Single-Tenant Net Lease Cap Rates Drop to Record Low | GlobeSt

Single-Tenant Net Lease Cap Rates Drop to Record Low | GlobeSt | Real Estate News and Auction | Scoop.it
A Boulder Group report cites cap rate compression in all retail, office and industrial assets.

Via CommerialREFL
No comment yet.
Rescooped by AZ Mountain Lake Realty from In the Biz - Commercial Real Estate News
June 29, 2022 9:39 AM
Scoop.it!

Is A Recession Coming? BFR Experts Are Divided And 'Everyone's So Nervous' | GlobeSt.com

Is A Recession Coming? BFR Experts Are Divided And 'Everyone's So Nervous' | GlobeSt.com | Real Estate News and Auction | Scoop.it
The scarcity of single-family rentals should propel the sector forward.

Via CommerialREFL
No comment yet.
Rescooped by AZ Mountain Lake Realty from Real Estate Plus+ Daily News
June 29, 2022 9:36 AM
Scoop.it!

Tiny spaces, big ideas: 2022 Shed of the Year finalists announced

Tiny spaces, big ideas: 2022 Shed of the Year finalists announced | Real Estate News and Auction | Scoop.it
A total of 21 finalists have been announced for this year's Cuprinol Shed of the Year competition. Packed full of interesting designs by passionate amateur "sheddies" working to a shoestring budget, highlights include an aircraft hangar-like build made using recycled materials and a light-filled creation that's inspired by historic buildings.

Via Russ Bergeron
No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 9:29 AM
Scoop.it!

'Big Short' Michael Burry Predicts Slower Inflation, Fed Rate Cuts

'Big Short' Michael Burry Predicts Slower Inflation, Fed Rate Cuts | Real Estate News and Auction | Scoop.it
Burry expects retailers to slash prices to get rid of their bulging inventories, slowing inflation and spurring the Fed to scrap further rate hikes.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 28, 2022 5:51 PM
Scoop.it!

Mr. Big Short: Fed May do a 180 on Interest Rates | TheStreet

The bullwhip effect refers to a small fluctuation at one end of a chain having a larger impact along the path to the end, just like a bullwhip. “Google it. Worth understanding for your investing endeavors,” Burry writes.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 27, 2022 5:28 PM
Scoop.it!

Fed’s Powell Faces Criticism For Causing Economic Crisis

Fed’s Powell Faces Criticism For Causing Economic Crisis | Real Estate News and Auction | Scoop.it
Federal Reserve Chair Jerome Powell faces rising criticism for mishandling inflation causing economic crisis. Click now to read more!
No comment yet.
Scooped by AZ Mountain Lake Realty
June 23, 2022 1:19 PM
Scoop.it!

Inflation and Note Investing

Inflation and Note Investing | Real Estate News and Auction | Scoop.it
Inflation and Note Investing
AZ Mountain Lake Realty's insight:
Inflation and Note Investing

June 9, 2022 

There is a lot of talk lately about inflation. But what about inflation and note investing?

It stands to reason inflation has people worried after we kicked off January and February 2022 with some unusually high numbers (7.5% and 7.9% respectively) — or so we thought.

Then March and April were even higher at 8.5% and 8.3% respectively.

NOTE: Keep in mind those are TRAILING 12-month periods (not a month over month). Source: US Inflation Calculator

Inflation and Note Investing – Should We Be Concerned?

We should not ignore inflation but use it as an opportunity to ‘check-in’ with our overall investment and wealth-growing strategies.

If we are buying our real estate notes at a fair market price, we should be staying ahead of inflation… but there are a few things to keep an eye on.

First off, let’s look at the history of inflation.

Log onto social media and ‘the end is near’ comments will pop up left and right. The fact is, we have been here before, particularly after a hard fall.

The economy handles a hard fall much differently than growing quickly – and there is a BIG difference between growing quickly and REBOUNDING. After two solid COVID-19 year, we are experiencing the later.

Tie that to supply chain issues as everyone gets back up to speed and we have a very unique (and rare) problem.

This Gives Us TWO Primary Types of Inflation Working at the Same Time…

Demand-Pull Inflation

Where demand for goods exceeds production capacity.

and

Cost-Push Inflation

Where increase in production costs push price increases.

These two together are a vicious yin and yang that just feed each other until one gets tired.

In looking at history, this is not the highest point we have hit — not even close. In the seventies we were over double digits, on two different years (’74 and ’79). In 1980 we were a whopping 13.5%! AND THOSE WERE THE ANNUAL PERCENTAGES.

Yes, the 2022 has started high but we have a long way to go for an annual average that causes note investor alarms to go off (2021 finished at 4.7% with three months over 6%).

Impact of Inflation and Mortgage Rates

The most obvious impact of inflation are increased prices. Just walk into a grocery store or fill up your gas tank and you feel the hit. The decreased purchasing power of a dollar means people have to get by with less or make more.

To curb inflation the government increases the federal funds rate to shrink the supply of money available. This leads to increased borrowing costs, including the average rate of a 30-year home mortgage.

These historical charts reflect the correlation between inflation and mortgage rates.

https://dashnotecash.com/

No comment yet.
Scooped by AZ Mountain Lake Realty
June 22, 2022 6:17 PM
Scoop.it!

Opendoor's Buy-to-List Premium Falls Back to Earth —

Opendoor's Buy-to-List Premium Falls Back to Earth — | Real Estate News and Auction | Scoop.it
After reaching record levels earlier this year, Opendoor's buy-to-list premium (the difference between the purchase price and current listing price of a home) has fallen dramatically -- a reflection of a rapidly changing market. Why it matters : The buy-to-list premium is the best leading indica
No comment yet.
Scooped by AZ Mountain Lake Realty
June 30, 2022 11:23 AM
Scoop.it!

Analysis: What the Fed’s largest interest rate hike in decades means for you

Analysis: What the Fed’s largest interest rate hike in decades means for you | Real Estate News and Auction | Scoop.it
The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 30, 2022 10:04 AM
Scoop.it!

How high can mortgage rates go? Likely higher

The days of record-low mortgage rates are fading into the rear view mirror. But how high they could still go remains uncertain.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 2:01 PM
Scoop.it!

10 Steps to Creating Owner Financed Notes

10 Steps to Creating Owner Financed Notes | Real Estate News and Auction | Scoop.it
  1. Identify Your Team Members & Keep Them Involved
  2. Determine Sales Price and Initial Terms
  3. Market Property with Owner Financing
  4. Prequalify (Obtain Application, Authorization & Income)
  5. Negotiate Terms
  6. Put Offer and Acceptance in Writing (with Earnest Money)
  7. Underwrite, Credit Review & Qualify (with RMLO on owner occupied homes)
  8. Request Title & Complete Contingencies
  9. Setup Closing, Obtain Settlement Statement & Review Docs
  10. Closing, Recording & Servicing
AZ Mountain Lake Realty's insight:

https://dashnotecash.com/

No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 11:59 AM
Scoop.it!

Building a Better Mousetrap: Zillow vs. Opendoor —

Building a Better Mousetrap: Zillow vs. Opendoor — | Real Estate News and Auction | Scoop.it
Opendoor made over two million offers to curious homeowners in 2021, exponentially more than ever before. Why it matters : This highlights the growing potential of Opendoor's "top of the funnel" customer appeal -- which is beginning to rival Zillow. Opendoor and Zillow are both in the
No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 9:44 AM
Scoop.it!

The Perks of Hard Money Loans In Real Estate Investment

The Perks of Hard Money Loans In Real Estate Investment | Real Estate News and Auction | Scoop.it
If you are a real estate investor looking to buy a house to flip or rent, getting a loan the conventional way can be challenging. You must undergo a rigorous assessment, and your odds are zero if your credit score is not where the lender wants it.
No comment yet.
Rescooped by AZ Mountain Lake Realty from In the Biz - Commercial Real Estate News
June 29, 2022 9:40 AM
Scoop.it!

Industrial Rents Are Projected To Tick Up 30% In These Key Markets | GlobeSt

Industrial Rents Are Projected To Tick Up 30% In These Key Markets | GlobeSt | Real Estate News and Auction | Scoop.it
Year-over-year rent growth in Q1 2022 clocked in at 15.2%.

Via CommerialREFL
No comment yet.
Rescooped by AZ Mountain Lake Realty from Real Estate Plus+ Daily News
June 29, 2022 9:37 AM
Scoop.it!

Home Flipping Spikes Across U.S. But Profits Drop

Home Flipping Spikes Across U.S. But Profits Drop | Real Estate News and Auction | Scoop.it
“The good news for fix-and-flip investors is that demand remains strong from prospective homebuyers, as evidenced by this quarter’s report, which shows that one of every 10 homes sold during Q1 was a flip,” said Rick Sharga, executive vice president of market intelligence for ATTOM. “The bad news is that rising mortgage interest rates are beginning to slow down home price appreciation rates, and buyers have become more selective – and less willing to outbid other buyers for properties they’re interested in. This is having a predictable impact on profit margins for investors.”

Via Russ Bergeron
No comment yet.
Rescooped by AZ Mountain Lake Realty from Real Estate Plus+ Daily News
June 29, 2022 9:36 AM
Scoop.it!

May New Home Sales: Buyers Resilience Bumps Up New Sales

May New Home Sales: Buyers Resilience Bumps Up New Sales | Real Estate News and Auction | Scoop.it
There were 696,000 new home sales nationwide in May (SAAR), up 10.7% from April and down 5.9% from May 2021, according to the U.S. Census Bureau.
The median sales price of new houses sold in May 2022 was $449,000.

Via Russ Bergeron
No comment yet.
Scooped by AZ Mountain Lake Realty
June 29, 2022 9:29 AM
Scoop.it!

How to Make an Unsecured Promissory Note Work for Your Business | legalzoom.com

How to Make an Unsecured Promissory Note Work for Your Business | legalzoom.com | Real Estate News and Auction | Scoop.it
https://www.legalzoom.com/forms/promissory-note-unsecured-amortized-paymentsIf you are planning to start or expand a business, you should know how an unsecured promissory note might help fund your startup or expansion.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 28, 2022 7:40 AM
Scoop.it!

Mortgage And Refinance Rates, June 27 | Rates rising today

Mortgage And Refinance Rates, June 27 | Rates rising today | Real Estate News and Auction | Scoop.it
What's happening to mortgage rates today and in the future? Nobody can be sure. But here's the information you need to make an informed choice.
No comment yet.
Scooped by AZ Mountain Lake Realty
June 23, 2022 7:14 PM
Scoop.it!

Phoenix rising in inventory, institutional investors

Phoenix rising in inventory, institutional investors | Real Estate News and Auction | Scoop.it
Inventory is up but prices keep climbing in Phoenix, which has become something of a U.S. real estate bellwether. Are buyers being shut out?
No comment yet.
Scooped by AZ Mountain Lake Realty
June 22, 2022 6:31 PM
Scoop.it!

Phoenix ranks No. 2 among hottest housing markets in U.S.

Phoenix ranks No. 2 among hottest housing markets in U.S. | Real Estate News and Auction | Scoop.it
House Method conducted a study to rank the hottest housing markets in the U.S. — and Phoenix ranks No. 2 in the U.S.
No comment yet.