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September 2, 2020 10:56 AM
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Meet the Investors: Full-Time Pilot Long-Distance BRRRR Investor

Meet the Investors: Full-Time Pilot Long-Distance BRRRR Investor | Real Estate News and Auction | Scoop.it
This Air Force pilot manages long-distance BRRRR investing with the help of the BiggerPockets community network.
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September 2, 2020 10:44 AM
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Market Action Index

Market Action Index | Real Estate News and Auction | Scoop.it
 
 

Phoenix, AZ

Wed Sep 02 2020
This week the median list price for Phoenix, AZ is $478,330 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 1,068. Click here to stay informed with the Phoenix market!

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Phoenix market. Median List Price   $478,330 Per Square Foot   $225 Days on Market   67 Price Decreased   35% Price Increased   7% Relisted   6% Inventory   1,068 Median Rent   $1,860 Most Expensive   $8,000,000 Least Expensive   $71,000 Market Action   73 Strong Seller's Market
 Click for more charts
  • Median List Price 

7-Day Average90-Day AverageSep 2017Jan 2018May 2018Sep 2018Jan 2019May 2019Sep 2019Jan 2020May 2020Aug 2020$300K$350K$400K$450K$500K$550KFriday, Sep 7, 2018● 90-Day Average: $351,361.04
 

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $1,200,000 3,792 0.25 - 0.5 acre 4 4 22 31 43 123 $590,000 2,491 8,000 - 10,000 sqft 4 3 29 52 52 54 $392,000 1,796 0 - 4,500 sqft 3 2 40 81 82 48 $259,900 1,426 0 - 4,500 sqft 3 2 51 129 124 42
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September 1, 2020 5:07 PM
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Number of evictions set to rise as moratorium expires in 30 states

Number of evictions set to rise as moratorium expires in 30 states | Real Estate News and Auction | Scoop.it
The number of evictions are set to rise as moratoriums expire, which is leaving a large number of renters with an uncertain future. CNBC's Diana Olick reports.
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September 1, 2020 1:35 PM
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Newsletters –

Newsletters – | Real Estate News and Auction | Scoop.it
September Newsletter Articles



Cover Story 
Why The Cares Act Seems So Uncaring Towards Everyone by David Pickron



Executive Director Article - Alan Langston
I Told You There Would Be More!



Jill Bright - Chicago Title
Counterfeit Checks on the Rise
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Scooped by AZ Mountain Lake Realty
September 1, 2020 9:27 AM
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The 3 kinds of property liens.

This video explains the ways a lien can impact your property. We want you to know this so you are aware and can be aware when someone has a claim to your property. www.finelrevealed.com Follow us on facebook or twitter @finelyrevealed to be notified when new videos are launched!
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September 1, 2020 9:16 AM
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Massive 320-acre Legacy Sports Park coming to Mesa

Massive 320-acre Legacy Sports Park coming to Mesa | Real Estate News and Auction | Scoop.it
Arizona-based Legacy Cares announced today that Legacy Sports Park will be built in Mesa, Arizona opening to the public in January 2022.
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Scooped by AZ Mountain Lake Realty
September 1, 2020 9:12 AM
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4 Ways to Find Homes Under 50k for Investment

4 Ways to Find Homes Under 50k for Investment | Real Estate News and Auction | Scoop.it
Are you looking for cheap ways to invest in real estate? Learn 4 different ways for how to find homes under 50k for investment.

 

Auction    https://hudsonauctionaz.com/

Short Sale  https://www.hubzu.com/

Bank Owned https://www.hudsonandmarshall.com/

     Foreclosure      https://biggerpockets.foreclosure.com/state/az

Investment Property  https://www.myhousedeals.com/cities/phoenix-az/

 

 

 

 

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August 31, 2020 12:42 PM
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Should I Invest In Real Estate With A Partner?

This video answers this important question while providing some amazing tips that will help get your real estate investing business rolling in the right direction. Discover several proven strategies that can be used to form profitable partnerships in real estate investing.

My Property Investment Mentor Program
http://www.ZeroDownInvesting.com
http://joecrump.com/partner

Also, most of my mentor students use this automation real estate investing marketing system that I created.
http://www.PushButtonAutomarketer.com

You can also get a lot of free information from my free blog newsletter at:
http://JoeCrumpBlog.com

Connect With Me:
http://joecrump.com/

#PropertyInvestment #RealEstateInvesting #RealEstateInvestingForBeginners
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August 31, 2020 9:46 AM
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Real Estate & Financial Independence Podcast: #129 - How to Apply Warren Buffet's Investing Principles to Real Estate

Real Estate & Financial Independence Podcast: #129 - How to Apply Warren Buffet's Investing Principles to Real Estate | Real Estate News and Auction | Scoop.it
Episode #129 - Coach interviews Robert Leonard, a 25-year-old dad, house hacker, and rental property owner who also has a full-time job as an accounting and finance professional and a "side" hustle as the host of 2 awesome podcasts ( and ). In the podcast interview, you'll learn how Robert and Coach apply the investment principles of Warren Buffett and value investing to real estate. And you'll go step-by-step through Robert's journey to 6 real estate deals, including a live-in-flip, house hack, and long-distance rental property. Companion written interview: ---------------------   If you want to support the show, here are some easy ways: 1) Leave a podcast review: 2) Get My Free Real Estate Investing Toolkit & Newsletter: 3) Share the podcast with your friends, coworkers, and family members   Connect w/ Coach on Social: -- -- -- --  -- 
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August 30, 2020 11:19 AM
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3 Maintenance Hazards That Kill Deals (and How to Spot Them!)

3 Maintenance Hazards That Kill Deals (and How to Spot Them!) | Real Estate News and Auction | Scoop.it
So, you've found a GREAT property—but is it hiding something? Learn about how to spot common maintenance issues that kill profits.
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August 30, 2020 8:50 AM
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Will There Be a US Foreclosure Crisis in 2020?

Will There Be a US Foreclosure Crisis in 2020? | Real Estate News and Auction | Scoop.it
So what are experts saying about a potential foreclosure crisis in 2020 or 2021? Will we witness another Great Recession? Read through to find out.
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Rescooped by AZ Mountain Lake Realty from Birmingham Real Estate News
August 29, 2020 9:20 AM
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Buying A Home With A 203(K) Rehab Loan

Buying A Home With A 203(K) Rehab Loan | Real Estate News and Auction | Scoop.it
Learn about the process of buying a home with the 203(k) mortgage that allows a home in need of repair or upgrade to get financing both for the purchase and for the repairs.

Via Tom Horn-Real Estate Appraiser
Paula-Damico-Auger's curator insight, October 1, 2017 5:33 PM
Where there's a will, there's a way!. Let me show you how a 203k loan might be for you.
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August 29, 2020 9:05 AM
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Homeowners, in foreclosure, face tax implications. What you should know

Homeowners, in foreclosure, face tax implications. What you should know | Real Estate News and Auction | Scoop.it
Foreclosure protections in the CARES Act have kept millions of Americans in their homes. But if those moratoriums expire and the economy worsens, banks may begin seizing houses again.
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September 2, 2020 10:51 AM
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President Trump’s Eviction Moratorium To Protect 43 Million Renters

President Trump’s Eviction Moratorium To Protect 43 Million Renters | Real Estate News and Auction | Scoop.it

Yesterday the U. S. Center for Disease Control and Prevention issued a nationwide order halting evictions through the end of the year.   

Rental Assistance and Landlords

The eviction moratorium raises concerns for landlords who need to continue to pay mortgages and other expenses related to rental properties. The National Apartment Association said the order “risked further harm to the economy and would amplify the housing affordability crisis and destroy the rental housing industry,” according to The NY Times.

The CDC’s order does describe the available federal assistance made available to tenants. The U.S. Department of Housing and Urban Development informed the CDC that entities who received Emergency Solutions Grants (ESG) or Community Development Block Grant (CDBG) funds under the CARES Act may use these funds to provide temporary rental assistance.

Still, the question remains how the eviction moratorium will affect landlords through the rest of the year.

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September 1, 2020 5:07 PM
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Home prices suddenly see biggest gains in 2 years

Home prices suddenly see biggest gains in 2 years | Real Estate News and Auction | Scoop.it
Exceptionally strong demand, historically low supply and record low mortgage rates are fueling the fastest home price growth since 2018.
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September 1, 2020 5:05 PM
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Lowering Adjusted Gross Income

Lowering Adjusted Gross Income | Real Estate News and Auction | Scoop.it
Keep your bank account happy by spending less money on taxes. Lee Phillips is an expert at helping people reduce their taxes by adjusting their gross income, so you’ll want to get out a pen and paper to write down all of the tax strategies he’s laying down.
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September 1, 2020 10:33 AM
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Three Ways to Win in a Bidding War

Three Ways to Win in a Bidding War | Real Estate News and Auction | Scoop.it
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common.
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September 1, 2020 9:19 AM
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Cameron Dunlap - Finding Cheap Vacant Houses Nationwide with Cash Buyers and $600K in Verifiable Proof of Funds

Cameron Dunlap - Finding Cheap Vacant Houses Nationwide with Cash Buyers and $600K in Verifiable Proof of Funds | Real Estate News and Auction | Scoop.it
Cameron Dunlap - Finding Cheap Vacant Houses Nationwide with Cash Buyers and $600K in Verifiable Proof of Funds
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September 1, 2020 9:15 AM
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[Podcast & Article] Build-to-Rent: New Go-To Strategy for Single-Family Rentals

[Podcast & Article] Build-to-Rent: New Go-To Strategy for Single-Family Rentals | Real Estate News and Auction | Scoop.it
With an already tight supply of existing homes that can be turned into single-family rentals, the build-to-rent strategy is gaining momentum.
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September 1, 2020 9:10 AM
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Security Deposit Deductions List | What Rental Damage Could Cost

Security Deposit Deductions List | What Rental Damage Could Cost | Real Estate News and Auction | Scoop.it
Providing tenants with a security deposit deductions list at move-in for a smooth move-out. Here's some pricing guidelines for landlords.
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August 31, 2020 9:50 AM
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7 Rules for Using Real Estate Investments for Passive Income

7 Rules for Using Real Estate Investments for Passive Income | Real Estate News and Auction | Scoop.it
Real estate can provide funds from rent payments while your investment appreciates.
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August 31, 2020 9:42 AM
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When to Invest in Real Estate: 5 Signs It's Time

When to Invest in Real Estate: 5 Signs It's Time | Real Estate News and Auction | Scoop.it
Choosing when to invest in real estate can be very tricky. You can tell its the best time by looking at several signs. Here are 5 of these signs.
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August 30, 2020 8:57 AM
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SEC Alters Rules for Accredited Investors—Do You Qualify Now?

SEC Alters Rules for Accredited Investors—Do You Qualify Now? | Real Estate News and Auction | Scoop.it
On August 26, 2020, the Securities and Exchange Commission announced amendments to its definition of "accredited investor."
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Rescooped by AZ Mountain Lake Realty from Birmingham Real Estate News
August 29, 2020 9:21 AM
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Selling as a FSBO in The Summer is Difficult

Selling as a FSBO in The Summer is Difficult | Real Estate News and Auction | Scoop.it
Do you know the drawbacks of for sale by owner in the summer? Selling as a FSBO are never easy but in the summer months it can be even more of a challenge!

Via Tom Horn-Real Estate Appraiser
Tom Horn-Real Estate Appraiser's curator insight, July 10, 2017 6:06 PM
It is possible to sell your home yourself but there are numerous things you need to be aware of. Bill Gassett does a wonderful job of being honest about the work involved and time commitment necessary. You should be fully aware of the drawbacks involved in a FSBO sale. One thing I have run across as an appraiser is the issue of pricing, which Bill addresses in this article. Check this out and get the lowdown on selling as a FSBO.
 
Rescooped by AZ Mountain Lake Realty from Birmingham Real Estate News
August 29, 2020 9:20 AM
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How Will The New Tax Changes Impact Real Estate?

How Will The New Tax Changes Impact Real Estate? | Real Estate News and Auction | Scoop.it
The new tax law made a number of significant changes to the tax code and the way real estate is treat. Learn about the impact of the new tax law here.

Via Tom Horn-Real Estate Appraiser
Tom Horn-Real Estate Appraiser's curator insight, January 12, 2018 9:26 AM
If you're confused about how the new tax changes will affect you then check out this helpful article by Paul Sian.