Real Estate News and Auction
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July 24, 2020 9:53 AM
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Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound | Real Estate News and Auction | Scoop.it
With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted.
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July 24, 2020 9:50 AM
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HUD to abolish Obama-era AFFH fair housing rule

HUD to abolish Obama-era AFFH fair housing rule | Real Estate News and Auction | Scoop.it
The Trump administration is "tearing down" an Obama-era rule related to Affirmatively Furthering Fair Housing (AFFH), HUD Secretary Ben Carson said.
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July 24, 2020 9:48 AM
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Granny Flats are growing in popularity due to the housing crunch, study finds

Granny Flats are growing in popularity due to the housing crunch, study finds | Real Estate News and Auction | Scoop.it
The number of accessory dwelling units in the U.S. has increased dramatically as a result of the housing inventory crunch, especially in high-cost areas where populations have risen significantly over the last decade, according to a new Freddie Mac study. The research found there are 1.4 million ADUs in the U.S., which include granny flats, […]
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July 24, 2020 9:42 AM
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I Left an Executive Role With the Fed for Real Estate

Learn about the mindset, personal, and lifestyle changes necessary to take action, grow as an investor, and truly change your life.
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July 24, 2020 9:40 AM
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The $600 Weekly Unemployment Benefits And Federal Eviction Ban Expected To End. Now What?

The $600 Weekly Unemployment Benefits And Federal Eviction Ban Expected To End. Now What? | Real Estate News and Auction | Scoop.it
The renewal of key policies credited with keeping renters and homeowners afloat during the pandemic remains uncertain.
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July 23, 2020 8:46 AM
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[Podcast & Article] Real Estate News Brief: Housing Start Boom, Mortgage Rate Surprise, and Drive-In Theater Revival

[Podcast & Article] Real Estate News Brief: Housing Start Boom, Mortgage Rate Surprise, and Drive-In Theater Revival | Real Estate News and Auction | Scoop.it
In this Real Estate News Brief for the week ending July 18th, 2020... home construction is booming for a second month in a row, mortgage rates are at a 50-year low, and drive-in theaters are popping up across the country.
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July 23, 2020 8:43 AM
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Rise in home sales may be the result of pent-up demand: UBS's U.S. housing head

Rise in home sales may be the result of pent-up demand: UBS's U.S. housing head | Real Estate News and Auction | Scoop.it
Jonathan Woloshin, UBS Global Wealth Management head of U.S. housing, joins 'Power Lunch' to discuss why UBS says the housing market is defying gravity.
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July 23, 2020 8:41 AM
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How to Remodel a House

How to Remodel a House | Real Estate News and Auction | Scoop.it
remodeling houses is not easy but it is part of the business as a real estate investor. It is important to not overdo things in order to make the most money possible.
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July 23, 2020 8:39 AM
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Council Post: Don't Flip A Property Without Reading These 10 Tips

Council Post: Don't Flip A Property Without Reading These 10 Tips | Real Estate News and Auction | Scoop.it
Like any endeavor, the benefits of flipping real estate come with a side of risk.
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July 23, 2020 8:38 AM
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Phoenix ends 8-year run of positive office absorption

Phoenix ends 8-year run of positive office absorption | Real Estate News and Auction | Scoop.it
The Phoenix office market has experienced its first quarter of occupancy loss in eight years, according to a newly released report from JLL.
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July 22, 2020 7:49 AM
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Home sales post near-record turnaround despite inventory constraints

Home sales post near-record turnaround despite inventory constraints | Real Estate News and Auction | Scoop.it
RE/MAX, LLC announced that June home sales posted a near-record 37 percent gain over a pandemic-impacted May while Months Supply of Inventory dropped.
Mr. House Hack's comment, July 22, 2020 11:44 AM
This is good news
Scooped by AZ Mountain Lake Realty
July 22, 2020 7:42 AM
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Mortgage lending set to top $3 trillion as mortgage rates tumble

Mortgage lending set to top $3 trillion as mortgage rates tumble | Real Estate News and Auction | Scoop.it
Mortgage lending will likely top $3 trillion in 2020 as rates hit record lows, said Fannie Mae's Duncan. Next year, rates are heading even lower, he said.
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July 24, 2020 9:50 AM
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Could 2020 somehow see year-over-year growth in home sales?

Could 2020 somehow see year-over-year growth in home sales? | Real Estate News and Auction | Scoop.it
"Existing home sales are still down year over year by 11.3%, but as crazy as this might sound, we have a shot at getting positive year-over-year growth," HousingWire Lead Analyst Logan Mohtashami writes.
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July 24, 2020 9:49 AM
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HUD to abolish Obama-era AFFH fair housing rule

HUD to abolish Obama-era AFFH fair housing rule | Real Estate News and Auction | Scoop.it
The Trump administration is "tearing down" an Obama-era rule related to Affirmatively Furthering Fair Housing (AFFH), HUD Secretary Ben Carson said.
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July 24, 2020 9:47 AM
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Today's big movers: Pulte jumps 10%

Today's big movers: Pulte jumps 10% | Real Estate News and Auction | Scoop.it
CNBC's Diana Olick on Pulte, one of today's big movers. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Bonawyn Eisen, Brian Kelly and Karen Finerman.
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July 24, 2020 9:41 AM
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Home Sellers’ Asking Prices up 13% from Last Year as Demand Keeps Soaring

Home Sellers’ Asking Prices up 13% from Last Year as Demand Keeps Soaring | Real Estate News and Auction | Scoop.it
The U.S. housing market was unseasonably strong during the four-week period ending July 12.
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July 23, 2020 8:46 AM
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NAR lends support to First Time Homebuyer Pandemic Savings Act

NAR lends support to First Time Homebuyer Pandemic Savings Act | Real Estate News and Auction | Scoop.it
NAR called for members of the U.S. House of Representatives to cosponsor Rep. Sean Maloney’s (D-NY) First Time Homebuyer Pandemic Savings Act bill.
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July 23, 2020 8:44 AM
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More people are buying homes without seeing them first

More people are buying homes without seeing them first | Real Estate News and Auction | Scoop.it
Digital technology is rapidly going mainstream in real estate, and many home buyers are so confident in it that they’re going ahead with their purchases without seeing their new properties in person. Take the example of one anonymous European buyer, who recently splashed out a stunning $6.3 million to buy an entire island off the […]
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July 23, 2020 8:43 AM
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Here's what to know about the USDA's loan program for some borrowers

Here's what to know about the USDA's loan program for some borrowers | Real Estate News and Auction | Scoop.it
A lot of consumers think home ownership is out of reach if they can't put their hands on 20% for a down payment. That is not the case.
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July 23, 2020 8:40 AM
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7 Undeniable Reasons Online Rent Collection Beats Paper Checks

Paying rent online is a win-win for both tenants and rental property investors. Here's why landlords should stop collecting paper checks.
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July 23, 2020 8:38 AM
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Council Post: Don't Flip A Property Without Reading These 10 Tips

Council Post: Don't Flip A Property Without Reading These 10 Tips | Real Estate News and Auction | Scoop.it
Like any endeavor, the benefits of flipping real estate come with a side of risk.
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July 22, 2020 10:41 AM
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Private Hard Money Lenders | From 5.99%* | Fast Close | Yes we can!

Private Hard Money Lenders | From 5.99%* | Fast Close | Yes we can! | Real Estate News and Auction | Scoop.it
The Best Private Money Lender – If You’re Not Using US, You're Paying Way To Much – Your Hard Money Company – Commercial, Fix&Flip, Rental, Investment Property, Multi Family, Cash Out, Bridge Loans, AirBNB Loans – Starting at 5.99%* Yes we can do your loan!
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July 22, 2020 7:48 AM
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Here's how much house $250,000 buys in Phoenix compared with other big cities

Here's how much house $250,000 buys in Phoenix compared with other big cities | Real Estate News and Auction | Scoop.it
In its most recent study, PropertyShark looked at how much space $250,000 buys in the top 100 largest U.S. cities. Here's how Phoenix measures up.
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July 22, 2020 7:40 AM
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Weekly mortgage demand from homebuyers jumps higher, up 19% annually

Weekly mortgage demand from homebuyers jumps higher, up 19% annually | Real Estate News and Auction | Scoop.it
Homebuyer demand and an already strong refinance market pushed mortgage application volume up 4.1% last week, the Mortgage Bankers Association said.
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