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August 13, 2020 8:30 AM
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Soaring Lumber Prices Limit Housing's Growth 

Soaring Lumber Prices Limit Housing's Growth  | Real Estate News and Auction | Scoop.it
Due to insufficient domestic production and tariffs on Canadian sources, the price of lumber has staged a staggering increase in recent months, rising roughly 80% since mid-April to an average price above $600 per thousand board feet. This increase will add thousands of dollars to the cost of a typical newly-built home, thereby constraining housing supply, exacerbating affordability woes and limiting housing’s economic impact.
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August 12, 2020 9:19 AM
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Mortgage applications are up 6.8%, with refinance activity leading the way - Site t

Mortgage applications are up 6.8%, with refinance activity leading the way - Site t | Real Estate News and Auction | Scoop.it
According to a report from the MBA, mortgage applications were back up 6.8% last week, further evidence that thanks to the pandemic August is the new May for home-buying.
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August 12, 2020 9:14 AM
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How to Find Houses to Flip: 4 Different Ways

How to Find Houses to Flip: 4 Different Ways | Real Estate News and Auction | Scoop.it
Wondering how to find houses to flip for a profit? We know it's not the easiest task and we want to help. Check out these four ways to find houses to flip.
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August 12, 2020 9:11 AM
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3 Reasons People Are Buying Real Estate In The Middle Of A Pandemic

3 Reasons People Are Buying Real Estate In The Middle Of A Pandemic | Real Estate News and Auction | Scoop.it
People all over the country are swooping in to buy real estate while prices are at rock bottom.

With the market slow, the economy weak, and many sellers also eager to move into new places, buyers are getting fantastic deals on homes they might not have been able to afford just one year ago.
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August 12, 2020 9:08 AM
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Tucson housing market as hot as the weather

Tucson housing market as hot as the weather | Real Estate News and Auction | Scoop.it
The housing market is unseasonably strong across the country with asking prices in July up 13 percent compared to the same time last year.
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August 11, 2020 6:35 PM
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Afraid you might be evicted? Take these steps

Afraid you might be evicted? Take these steps | Real Estate News and Auction | Scoop.it
Up to 40 million Americans could lose their homes in the pandemic. If you're at risk of eviction, here are your options.
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August 11, 2020 6:33 PM
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Life Hacking in Pursuit of Financial Freedom: How I Add $1,500+/Mo to My Income

Life Hacking in Pursuit of Financial Freedom: How I Add $1,500+/Mo to My Income | Real Estate News and Auction | Scoop.it
With a little life hacking, you can make money on what are normally Americans' two largest expenses. Talk about expediting your journey towards early financial freedom!
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August 11, 2020 8:42 AM
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Scottsdale, AZ Foreclosures Listings

Scottsdale, AZ Foreclosures Listings | Real Estate News and Auction | Scoop.it
Foreclosure.com, search the latest nationwide foreclosed properties with the most up-to-date foreclosure data. Foreclosure listings in every state and every status from start to finish, with new foreclosed homes for sale updated daily throughout the U.S.
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August 11, 2020 8:35 AM
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Kathy Fettke Talks Expectations for 2020 and Beyond

Kathy Fettke Talks Expectations for 2020 and Beyond | Real Estate News and Auction | Scoop.it
  Today we’re interviewing Kathy Fettke. Kathy is the host of the Real Wealth show, which was one of the first podcasts on iTunes with over 1,800 episodes and 5 million all-time downloads. Kathy is the co-founder of the real estate investor network and the best selling author of Retire Rich with Rentals, she is a frequent guest expert for major media outlets like CNN, CNBC, Fox News, Bloomberg, NPR, CBS Marketwatch, and the Wall Street Journal. Kathy specializes in teaching people how to build multi-million dollar real estate portfolios through creative finance and planning. Links and Resources RealWealth.com Real
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August 11, 2020 8:25 AM
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Empty Seller’s Market? Or Underpriced Homes?title

Empty Seller’s Market? Or Underpriced Homes?title | Real Estate News and Auction | Scoop.it
Seller’s Market? Or Underpriced Homes?

One of the most basic principles in Economics is that price = where the supply curve meets the demand curve. I’ve read several posts where it is a “seller’s market” due to low supply and houses will sell quickly with multiple offers. According to my Econ textbook lower supply (with demand unchanged) means prices should increase. It seems to me that real estate agents might be trying to convince the homeowner to underprice their home to make a quick sale instead of raising prices relative to the supply/demand curve. For example, the difference in agent commission between changing a price 25k is minimal and the real estate agent would much rather “a one day on the market” sale then “one month on the market”. However 25K price difference is huge for the home owner.

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August 11, 2020 8:20 AM
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WaterWalk buys 4.5-acre Phoenix site for $2.14M

WaterWalk buys 4.5-acre Phoenix site for $2.14M | Real Estate News and Auction | Scoop.it
WaterWalk, a developer of upscale extended stay hotels, has acquired a 4.5-acre development site at SWC 19th Avenue and Pinnacle Peak Road in Phoenix.
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August 10, 2020 10:08 AM
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Trump’s eviction ban would leave most tenants in peril

Trump’s eviction ban would leave most tenants in peril | Real Estate News and Auction | Scoop.it
Housing advocates say the only way to ensure people can stay in their homes is to provide rental assistance payments.
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August 10, 2020 8:34 AM
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Real Estate Marketing | Real Estate Bandit Signs Tips

Real Estate Marketing | Bandit Signs Basics

http://www.reimaverick.com/aiodfu-webinar-page/

Bandit signs are one of the best ways to market for both buyers and sellers. One of the great benefits is that it is one of the lowest cost per lead for acquiring real estate leads.

Marketing using bandit signs is both a low cost and low time investment as well. Each sign should cost less than $2 and you should spend 2-4 hours per week doing this.

For best success, create a map and map out where you're putting your signs.

Before you decide on your messaging for bandits signs, you'll need to understand your target market and what they are looking for. What are motivated buyers and sellers looking for and how can you create effective bandit signs?

http://www.reimaverick.com/aiodfu-webinar-page/

Phill Grove
Real Estate Investing
All In One Done For You
Real Estate Branding
Real Estate Marketing
Bandit Signs

http://youtu.be/yKPfDt2s3q0
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August 12, 2020 9:28 AM
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Scottsdale tops all U.S. cities with more people moving in during COVID-19

Scottsdale tops all U.S. cities with more people moving in during COVID-19 | Real Estate News and Auction | Scoop.it
HireAHelper today released results from a new study examining U.S. moving trends and Scottsdale wins the popularity contest.
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August 12, 2020 9:14 AM
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Episode 181: [Follow Along Week 3] Driving For Dollars Prospecting

Episode 181: [Follow Along Week 3] Driving For Dollars Prospecting | Real Estate News and Auction | Scoop.it
Listen / Share / Download Listen Watch https://youtu.be/S4RNy4pkJH8 Show Notes Yo! Follow Along (https://flippingjunkie.com/followalong) and see how week 3 went. I report on my KPI's and about the house I put under contract. I also go into showing how I'm finding owners' of vacant
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August 12, 2020 9:12 AM
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The Top 2 Metrics You Need to Know In Any Real Estate Investing Deal

The Top 2 Metrics You Need to Know In Any Real Estate Investing Deal | Real Estate News and Auction | Scoop.it
How do you know whether or not you have a good real estate deal on your hands? These are the most important metrics professional investors pay attention to.
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August 12, 2020 9:09 AM
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Study predicts millions of unsellable homes could upend market

Study predicts millions of unsellable homes could upend market | Real Estate News and Auction | Scoop.it
Millions of American homes could become unsellable—or could be sold at significant losses to their senior-citizen owners—between now and 2040, according to new research from the University of Arizona.
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August 12, 2020 9:07 AM
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Endpoint Brings Digital Real Estate Closings to Arizona | Business Wire

Endpoint Brings Digital Real Estate Closings to Arizona | Business Wire | Real Estate News and Auction | Scoop.it
Endpoint, the leading digital real estate closing company and subsidiary of First American Financial Corporation, today announced its expansion into t
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August 11, 2020 6:34 PM
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Squatter’s Rights: What Landlords Need to Know | BiggerPockets Blog

Squatter’s Rights: What Landlords Need to Know | BiggerPockets Blog | Real Estate News and Auction | Scoop.it
Though rare, squatter's rights may allow for unauthorized occupants to take up residence at your property. Learn how to deal with this unnerving situation.
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August 11, 2020 3:06 PM
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Arizona Real Estate Investors Association

Arizona Real Estate Investors Association | Real Estate News and Auction | Scoop.it
ONLINE: AZREIA - TUCSON MONTHLY MEETING   RegisterTell a FriendEvents in Series
 

AZREIA Monthly Meeting (Tucson)

  8/11/2020 When: Tuesday, August 11, 2020
5:45 PM Where: United States Contact: Member Services
memberservices@azreia.org
480-990-7092
 


Online registration is available until: 8/11/2020
« Go to Upcoming Event List  

 

AZREIA Tucson Monthly Meeting & Tucson Market Update

Investor-to-Investor Networking and dynamic Haves & Wants are an important part of the Tucson AZREIA meeting. This is your chance to meet local investors, ask for what you need, and share what you have. Deal of the Month is your chance to find out what your local investors are doing and how they are doing it. Don’t miss this opportunity! 

Local Market Update: Bob Zachmeier presents the latest in trend analysis for the US, Arizona and Greater Tucson including existing homes, new homes, foreclosures, REO, short sales and traditional sales. What investment strategies are working and why. This is must know information for the serious real estate investor.

Tucson Main Meeting: Investing in Mobile Homes and Mobile Home Parks
Affordable housing is the hottest segment in American real estate as it combines the nation’s most essential product with a price point that those earning minimum wage to $15 per hour can afford. The mobile home and mobile home park sectors of investing offer spectacular returns on investment, extremely low entry price points, the virtual absence of competition, and huge ability to push rents, occupancy and cost-cutting, as you bring older communities back to life. In a nutshell, this sector is the best investing option in American real estate.

  • If you are trying to find a real estate niche that allows you to make huge returns starting with as little as zero capital, then you should attend. We’ll show you a range of options of how to invest including contract assignments, master lease with option, zero down seller carry, and a wide variety of traditional purchase options.
  • You will learn the basics of how to identify, evaluate, negotiate, perform due diligence on, renegotiate, finance, turn-around and operate both mobile homes and mobile home parks.
  • Learn from Frank Rolfe, who the New York Times calls “the human encyclopedia of all things mobile home” and serves as part of the 5th largest ownership of mobile home parks in the U.S. with over 20,000 lots. 

Pricing Options

Guests: $20.00

AZREIA Membership Registration: $10.00

PLUS Member Registration: FREE

Online Members: $20.00

 

 
 
 
 
 
 
 
 

Arizona Real Estate Investors Association

1841 N. 24th Street Suite 10   |   Phoenix, AZ 85008   |   PH: (480) 990-7092   |   F: (480) 990-7017   |   E: memberservices@azreia.org

 
ASSOCIATION MANAGEMENT SOFTWARE POWERED BY YOU
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August 11, 2020 8:36 AM
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Google searches surge for mortgage refinancing and low mortgage rates

Google searches surge for mortgage refinancing and low mortgage rates | Real Estate News and Auction | Scoop.it
CNBC's Diana Olick joins "The Exchange" to discuss what Google search trends tell us about what's happening in the real estate and mortgage industry.
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August 11, 2020 8:34 AM
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How to Successfully Invest in Real Estate While Working a Full Time Job

How to Successfully Invest in Real Estate While Working a Full Time Job | Real Estate News and Auction | Scoop.it
In my Investor Profile Series, I use a question & answer format to share the stories of actual real estate investors at different stages of their investing careers. Today’s investor profile is with Jay Medina,
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August 11, 2020 8:24 AM
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Does IRR Even Matter for Real Estate Investors? | BiggerPockets Blog

Cash-on-cash return, return on investment, capitalization rate, annualized rate of return, and internal rate of return—with so many metrics, it can be hard for an investor to understand what their actual returns will be.
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August 10, 2020 5:59 PM
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Here's why one economist believes a foreclosure wave is unlikely Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in forec...

Here's why one economist believes a foreclosure wave is unlikely Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in forec... | Real Estate News and Auction | Scoop.it
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
 
 
 
 

Despite a massive spike in unemployment and a historic gross domestic product (GDP) drop in the second quarter of 2020, the current economic crisis is unlikely to lead to a massive wave of foreclosures, according to Odeta Kushi, the deputy first economist at First American.

Odeta Kushi | Photo credit: First American

Foreclosure, according to Kushi, is a two-step process that requires both an adverse economic condition and a lack of home equity in a property, Kushi explained in a new study. Not every delinquency turns into a foreclosure because a homeowner can tap into the home’s equity through a sale or refinance.

“The rising inability to pay in this crisis is unlikely to lead to large amounts of foreclosure activity because homeowners have more equity than ever before,” Kushi said.

The 2001 recession, for example, led to an increase in unemployment but the number of new foreclosures bared increased because household equity was so high. But the 2008 recession lead to a huge spike in foreclosures because high levels of household debt collided with a decline in house prices.

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August 10, 2020 8:41 AM
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Tucson real estate sales heat up, extreme sellers market

Tucson real estate sales heat up, extreme sellers market | Real Estate News and Auction | Scoop.it
There are currently about 1,300 houses for sale in Tucson.
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