The U.S. inventory of active listings was down 12.2% year-over-year in April, an improvement over March (-18.9%) and the smallest annual decline since December 2019 (-12.7%). Among this supply, the share of mid-sized (1,750-3,000 square foot) homes posted the biggest gain, up 2.34 percentage points year-over-year (see table below).
Forty-three percent of pet owners say they’d be willing to move to better accommodate their pet. This is what they’re looking for.
Via Best Smart Living Posts
Nationwide one in every 4,580 housing units had a foreclosure filing in April 2022. States with the highest foreclosure rates were Illinois (one in every 2,241 housing units with a foreclosure filing); New Jersey (one in every 2,292 housing units); Ohio (one in every 2,585 housing units); Indiana (one in every 2,660 housing units); and Nevada (one in every 3,043 housing units).
View today's current mortgage rates with our national average index, calculated daily to bring you the most accurate data when purchasing or refinancing your home. Follow our daily market analysis with Mortgage Rate Watch and we'll tell you where and why rates are moving.
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“Justin is one of the best trainers in this space. He really gives everything to his tribe.” – Brent Daniels (TTP)
“Justin’s ability to connect with people and help them understand what he is teaching, is unparallelled” – Kent Clothier (REWW)
“We have been in the trenches flipping homes in Phoenix for over a decade, he is one of the best to do it.” – Sean Terry (Flip2Freedom)
����� ������: Justin Colby is the founder of The Science of Flipping Podcast and The Science of Flipping Coaching Program and is an active Real Estate investor having flipped over 1500 homes in multiple markets across the U.S. Justin runs an 8-figure real estate wholesaling business that closes 20+ deals each month in multiple markets across the U.S and has helped 1000s of clients learn how to become successful real estate investors.
Justin subscribes to the philosophy of "Wholesaling To Wealth" and is the foundation of his coaching program which teaches you how to get started wholesaling or streamline and scale an existing wholesaling business as well as build long term wealth through wholesaling, flipping, and building a rental portfolio.
Higher rates are usually good news for bank shares, but not this year, with investors worrying that rate increases that are too big or too fast could tip the economy into recession.
After 14 straight months of year-over-year home price growth reaching into the double digits, we're finally starting to see the early signs of a cooling housing market.
What is the impact of rising interest rates on home builders, home owners and renters. Ken breaks down the impact from the three unique perspectives.
Check out Ken's Inner Circle where you can watch additional videos, webinars, and happy hour discussions and ask your questions to Ken. Follow this link: https://kensinnercircle.com/
••• ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
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Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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Homes in 97% of cities in America are overvalued, according to Moody’s Analytics, with the most overvalued markets seeing homes priced at 50% to 70% more than they’re worth. But how long will this last?
Conventional, Federal Housing Administration (FHA) and Veterans Affairs (VA) purchase loan application volume led the gain in mortgage application volume even as mortgage rates rose to 5.53%, marking the highest since 2009, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting.
The report shows that just 3.2 percent of mortgaged homes, or one in 31, were considered seriously underwater in the first quarter of 2022, with a combined estimated balance of loans secured by the property of at least 25 percent more than the property’s estimated market value. That was virtually the same as the 3.1 percent level of all U.S. homes with a mortgage in the prior quarter, but still well down from 4.7 percent, or one in 21 properties, a year earlier.
New U.S. housing market data from Realtor.com shows active listings posted the smallest year-over-year decline since before the COVID-19 pandemic came to the U.S. The data could be the first signs of a “positive turn of events” on the U.S. housing market’s horizon, economists say. But will trends hold?
New figures show the housing market in Phoenix, along with two other cities within Arizona, rank among the most overvalued housing markets in the U.S. Here's what you should know about the numbers.
The Federal Reserve is expected to announce a 50-basis point interest rate hike on Wednesday in what will be the second of several anticipated increases this year as the central bank seeks to combat soaring inflation, which is at a high not seen in four decades.
Americans' pessimism over the U.S. economic outlook and the ability of the government to help has reached multiyear depths as inflation pressures intensify, the May IBD/TIPP Poll finds.
Today is self explanatory, but let's talk about how to lower your taxes in your Roth IRA!
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REDFIN Sellers SLASHING Prices Housing Market CRASH Houston, San Antonio, Austin and Dallas Texas.
Email my team and I for any questions and let us know how we can help! TravisAndGrace.etr@gmail.com
Are we in a housing bubble? Will real-estate crash? Is there a housing crisis? How do credit reports work? What are the new Tax laws? Listen to the data and please share your own stores and opinions. It is more important now more than ever with so many changes and challenges. We plan on bringing more and more videos on real estate and how to educate and empower yourself. Please like and subscribe but most importantly empower yourself with education!
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Rents in Maricopa County had been steadily climbing even before the start of the pandemic in March 2020. With home prices now soaring to record levels, more people are being forced to rent houses, condos and apartments, which adds more upward pressure on rents.
Century 21 CEO Mike Miedler argues construction companies need to work ‘double-time’ to catch up to millennial and Gen-Z homebuyer demand. #FOXBusiness
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
In the Fed’s eyes, it can’t rein in inflation unless home price growth—which is up an unsustainable 19.8% over the past 12 months—decelerates significantly.
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