Real Estate News and Auction
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September 12, 2020 9:01 AM
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It hasn't been this hard to get a mortgage in six years

It hasn't been this hard to get a mortgage in six years | Real Estate News and Auction | Scoop.it
Mortgage credit in August was the tightest in more than six years as forbearances and a weak economy prompted lenders to tighten standards, MBA said.
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September 12, 2020 8:36 AM
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Live Calls! A Travel Nurse, a College Student, a High-End Flipper + More

Live Calls! A Travel Nurse, a College Student, a High-End Flipper + More | Real Estate News and Auction | Scoop.it
In today's episode we open up the phone lines again to field your real estate investing questions... and for an added twist.
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September 11, 2020 8:09 AM
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Economic Uncertainty Lingers: CoreLogic Reports Serious Delinquencies Spike in June as Financial Pressures Build for Homeowners | Business Wire

Economic Uncertainty Lingers: CoreLogic Reports Serious Delinquencies Spike in June as Financial Pressures Build for Homeowners | Business Wire | Real Estate News and Auction | Scoop.it

“Three months into the pandemic-induced recession, the 90-day delinquency rate has spiked to the highest rate in more than 21 years,” said Dr. Frank Nothaft, chief economist at CoreLogic. “Between May and June, the 90-day delinquency rate quadrupled, jumping from 0.5% to 2.3%, following a similar leap in the 60-day rate between April and May.”

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Scooped by AZ Mountain Lake Realty
September 11, 2020 8:01 AM
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Virtual School Is Changing Homebuyer Needs

Virtual School Is Changing Homebuyer Needs | Real Estate News and Auction | Scoop.it
  • With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists.
  • If you’re trying to make room for your family’s growing needs, multi-purpose rooms and dedicated workspaces may be features to consider in your next home.
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September 11, 2020 7:55 AM
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Borrowers extend coronavirus mortgage bailouts as foreclosure risk rises

Borrowers extend coronavirus mortgage bailouts as foreclosure risk rises | Real Estate News and Auction | Scoop.it
After dropping by nearly 150,000 last week, the total number of mortgages in active forbearance plans fell by only 66,000 this week, according to Black Knight. CNBC's Diana Olick reports.
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September 11, 2020 7:52 AM
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Your Largest Investor Backs Out 2 Weeks Before Closing—Now What?

Your Largest Investor Backs Out 2 Weeks Before Closing—Now What? | Real Estate News and Auction | Scoop.it
It's one of the worst phone calls you can get as a real estate operator: A large investor in an upcoming project can no longer participate. Here's how to save the day.
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September 10, 2020 8:24 AM
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Why You Need To Know About Easements

Why You Need To Know About Easements | Real Estate News and Auction | Scoop.it
Hi, everyone. Today’s Zebra Report is on location. I am on-site today at a residential development property troubleshooting some easement inspection work. Oh, how fun is that? I want to talk a little about easements today because I have received a lot of calls recently pertaining to delaye
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September 10, 2020 8:21 AM
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Pandemic may lead to foreclosure crisis, CoreLogic says

Pandemic may lead to foreclosure crisis, CoreLogic says | Real Estate News and Auction | Scoop.it
A surge in the share of mortgages 90 days or more overdue in June is a signal the U.S. could be heading toward a foreclosure crisis, according to CoreLogic.
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Scooped by AZ Mountain Lake Realty
September 10, 2020 8:15 AM
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5 Ways to Find the Owner of a Seemingly Vacant Property

5 Ways to Find the Owner of a Seemingly Vacant Property | Real Estate News and Auction | Scoop.it
When you've been in real estate long enough, you can spot an abandoned house from a mile away. But how do you find the owner or seller?
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Scooped by AZ Mountain Lake Realty
September 10, 2020 8:13 AM
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Housing Market Sees Biggest Uptick in New Listings in Almost 2 Years

Housing Market Sees Biggest Uptick in New Listings in Almost 2 Years | Real Estate News and Auction | Scoop.it
Home prices continued to rise—new listings increased slightly, but gains were dwarfed by rise in pending sales.
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September 9, 2020 9:09 AM
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The Latest Unemployment Rate Fell to 8.4%

The Latest Unemployment Rate Fell to 8.4% | Real Estate News and Auction | Scoop.it
Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020.
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Scooped by AZ Mountain Lake Realty
September 9, 2020 9:07 AM
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Mortgage demand from homebuyers surges 40% from a year ago

Mortgage demand from homebuyers surges 40% from a year ago | Real Estate News and Auction | Scoop.it
Mortgage applications to purchase a home rose 3% last week compared with the previous week, according to the Mortgage Bankers Association.
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September 9, 2020 9:03 AM
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083: "If Only I Had Known!" - What Every Rookie Land Investor Ought to Know

083: "If Only I Had Known!" - What Every Rookie Land Investor Ought to Know | Real Estate News and Auction | Scoop.it
  Wouldn't it be great if we could travel back in time and give ourselves advice based on the information we know today? Just imagine how much faster you'd be able to focus on what works and stop struggling on the paths that lead nowhere. In this episode, Jaren and I are talking about the things we wished we had known back when we started our land businesses. Everything from the value of experience to the importance of time management, and a whole lot in between. Unfortunately, we don't have a time machine, but the next best thing we can
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September 12, 2020 8:46 AM
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Weekly Housing Trends View - Data Week September 5, 2020 Is housing demand finally cooling down?

Weekly Housing Trends View - Data Week September 5, 2020 Is housing demand finally cooling down? | Real Estate News and Auction | Scoop.it
In light of the developing COVID-19 situation affecting the industry, we want to give readers more timely weekly updates. Here’s what the housing market looked like last week.
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September 12, 2020 8:36 AM
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3 Reasons You Absolutely Need to Understand CAP Rate

3 Reasons You Absolutely Need to Understand CAP Rate | Real Estate News and Auction | Scoop.it
Confused when it comes to cap rates? You're not alone. But understanding this calculation is key for real estate investors. Here's why.
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September 11, 2020 8:07 AM
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Report: Arizona had highest ‘housing loss’ rate; more evictions coming

Report: Arizona had highest ‘housing loss’ rate; more evictions coming | Real Estate News and Auction | Scoop.it
Arizona had the highest rate of “housing loss” in the nation, according to a study, and that was could be a “tsunami of evictions."
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September 11, 2020 7:56 AM
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U.S. mortgage rates fall to all-time lows this week

U.S. mortgage rates fall to all-time lows this week | Real Estate News and Auction | Scoop.it
The average U.S. rates for a 30-year and a 15-year mortgage fell to all-time lows this week, Freddie Mac said in a report on Thursday.
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September 11, 2020 7:52 AM
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Will Delaying Evictions and Foreclosures Worsen a Downturn?

Will Delaying Evictions and Foreclosures Worsen a Downturn? | Real Estate News and Auction | Scoop.it
As more and more tenants struggle, will the CDC ban on foreclosures and evictions worsen the potential real estate downturn or will it help?
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September 10, 2020 1:55 PM
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Arizona Real Estate Investors Association

Arizona Real Estate Investors Association | Real Estate News and Auction | Scoop.it

AZREIA Phoenix Monthly Meeting

AZREIA has monthly meetings in Phoenix, Tucson, and Prescott. The Phoenix meeting is held on the 2nd Monday of the month at the Celebrity Theatre. These meetings are full of education, information, and networking.


Market Trends & Outlook: your up-to-date analysis on the trends in National, Regional, and Local areas. Come find out where our market is heading - valuable information no real estate investor should do without.

Association Update: Find out about what's happening at AZREIA, how to best leverage your membership benefits, and get the best prices on upcoming events! 

Trade Show, Networking & Guest Orientation: Spend time meeting AZREIA business associates, other investors and build your team.

Market Update for Fix & Flip and Rentals: Full analysis of Fix & Flip and Rental markets. Plus, the latest Market News affecting your business.

Main Presentation: Covid & Beyond - A Second Wave of Danger for Landlords

Let’s get down to the details of what you need to know and do now as well as what to prepare for in the future. Just direct practical information for controlling your most valuable asset- your income property. David Pickron, owner and founder of RentPerfect, joins us to provide you all the details:

  • How the eviction moratorium affected tenants who have not paid.
  • Evictions and Judgement no longer are reported on credit bureaus.Credit scores will not be affected. How you can get that information now?
  • Large judgments are going to follow these tenants for years causing garnishments on their wages. How you make sure your tenant will be able to pay the rent in the future.
  • Should you look for anything different or change your rental criteria to protect yourself?
  • How do you onboard the right tenant with the least amount of contact possible?
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September 10, 2020 8:22 AM
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Purchase market remains resilient as mortgage applications gain 2.9%

Purchase market remains resilient as mortgage applications gain 2.9% | Real Estate News and Auction | Scoop.it
After three weeks of declines, mortgage applications rose 2.9% last week, according to a report from the MBA, with refis and purchases both experiencing upticks.
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September 10, 2020 8:21 AM
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[Podcast & Article] Real Estate News Brief: Eviction Moratorium

[Podcast & Article] Real Estate News Brief: Eviction Moratorium | Real Estate News and Auction | Scoop.it
Upbeat reports on new jobs & unemployment, another nationwide eviction moratorium & a pandemic-inspired boom in the purchase of second homes.
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Scooped by AZ Mountain Lake Realty
September 10, 2020 8:14 AM
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Solving the Investor/Contractor Relationship with Jeff Thorman

Solving the Investor/Contractor Relationship with Jeff Thorman | Real Estate News and Auction | Scoop.it
Jeff brings us incredible tips on building strong relationships with contractors - from inquiry to project close.
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Scooped by AZ Mountain Lake Realty
September 9, 2020 9:12 AM
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5 Reasons To Use A Primer Before Painting

5 Reasons To Use A Primer Before Painting | Real Estate News and Auction | Scoop.it
Should you use a primer before painting? Here are 5 benefits of applying primer first for your next home improvement DIY paint project.
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September 9, 2020 9:09 AM
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Mortgage lending sets a 20-year record with $1.1T in Q2

Mortgage lending sets a 20-year record with $1.1T in Q2 | Real Estate News and Auction | Scoop.it
U.S. lenders issued a staggering $1.1 trillion in home loans between April and June, marking the biggest quarter in at least two decades.
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September 9, 2020 9:06 AM
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Most evictions in the U.S. are now banned. What you need to know

Most evictions in the U.S. are now banned. What you need to know | Real Estate News and Auction | Scoop.it
In an unprecedented move last week, the Centers for Disease Control and Prevention made it illegal for landlords across the U.S. to evict tenants who can't afford to pay their rent. Here's what you need to know.
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