As the COVID-19 pandemic began receding this spring, so did the risk of mortgage default among a segment of real estate investors that appeared to many to be particularly vulnerable: owners of single-family rentals (SFR) who fall into the "mom-and-pop" category. RealtyTrac tracks such things in its business as an online marketplace for foreclosures, and in its latest Rental Property Risk Report for the first half of 2021, it says the average risk of default for such rental properties among the nation's largest 100 counties fell by nearly 16% in the first half of the year.
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Viral TikTok accuses Zillow and competitors of manipulating the housing market. Here’s what’s really going on.
No, Zillow isn’t buying all the homes in your neighborhood. But the rise of so-called iBuyers does raise regulatory questions.
The U.S. housing market has been strong, and home prices have been rising steadily since 2012. However, with the pandemic housing boom and low mortgage rates, signs of weakness can appear quickly --...
Sales of new U.S. single-family homes increased for a second straight month in August, but demand for housing has probably peaked after a COVID-19 pandemic-fueled buying frenzy. The report from the Commerce Department on Friday also showed the supply of new homes on the market last month was the largest in nearly 13 years, with prices unchanged on a monthly basis. "These data suggest that the surge in new home sales during the pandemic has ebbed and inventories of unsold homes have risen to a more normal level in relation to sales," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.
Maybe our doyenne of domesticity made sure to bake cookies before the buyers toured the house. Or perhaps she left them some free samples of her gourmet CBD gummies. Perhaps she threw in the furniture, or perhaps it’s just that Hamptons prices have recently skyrocketed. Probably it’s the latter, but possibly all four! When the […]
- LA Times
Sky-high housing prices, two new zoning laws and the sale of Baldwin Hills Crenshaw Plaza could be a tipping point for historically Black neighborhoods.
- USA TODAY
Exuberant buying — with multiple offers and bidding wars — reminiscent of the time before the 2008 housing crash have become a common occurrence.
Here’s exactly how much economists think home prices will rise in 2022 — and whether you should buy now
Home prices will likely rise in the next year, many experts think. Here’s what experts say about home price trends and whether you should buy now. Of course, no one has a crystal ball that can foresee the future of the real estate market, but a report from the National Association of Realtors revealed home prices will likely climb 5.5% in 2022.
You’re selling your house. You’re retired, resourceful and ready to save money. Should you list it yourself?
RETIREMENT WEEKLY Years ago, I sold my home without a real estate agent. It went smoothly. I saved about $25,000. And my only expense was a $16 “For Sale By Owner” sign. I’m not bragging. While I think I got top dollar, a real estate pro might argue that I left money on the table.
Though L.A.’s highest-level real estate scene is notorious for its hyper-competitiveness and even a few long-running feuds, good feeling and camaraderie reigned at The Hollywood Reporter’sinaugural Power Broker Awards, presented by The Society Group. Held as a private event at Soho House in West Hollywood on Wednesday night, the honors were held in conjunction with […]
The ferocious housing market started to relax slightly last month, as hopeful buyers paused to consider the pricey and competitive options available to land their dream homes.The big picture: The National Association of Realtors recently said existing-home sales slipped 2% in August from the prior month. Here's hoping that means smooth sailing on your house hunting journey. Check out our residential eye candy this week:Get market news worthy of your time with Axios Markets. Subscribe for free.49
- Robb Report
It's one of several properties in Ri's real estate mini-empire.
The hot housing market slowed down in August as home prices continue to discourage buyers. Existing sales fell by 2.0% last month, and the housing supply remains tight, declining 13.4% compared to one...
Factors like low mortgage rates, remote work, and an intensified focus on house hunting have contributed to the housing market’s pandemic-era boom in demand, while a limited supply of homes for sale created additional competition. Kolitch is bullish on residential real estate in multiple forms. The Baron Real Estate Fund, which has outperformed its peers over the past three, five, and 10 years, owns shares in several companies related to the purchase of residential real estate, including those involved in new-home construction and housing technology.
- Washington Examiner
Seattle Mayor Jenny Durkan has extended the city’s moratorium on evictions through Jan. 15 of next year.
The volume of real-estate purchases by international buyers dropped to the lowest level in a decade over the last year as a result of the COVID-19 pandemic.
Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. They allow investors to easily invest in the real estate sector, which includes companies that own, develop, and manage residential, commercial, and industrial properties.
The Jonas-Turner clan — dad Joe, mom Sophie, and baby Willa — have a new place to hang their hats and baby bonnets. The Jonas Brothers musician, now 32, and the English “Game of Thrones” star, 25, have just scored an $11 million bayfront mansion in Miami, Fla., that was originally listed for $12 million. […]
Global Founders Capital leads $9.3M investment into Awning, a real estate brokerage for individual investors
Earning passive income as an investor in single-family rental homes is a dream for many, but also something that can be intimidating to break into. Awning is a startup that aims to make the process less intimidating through a platform designed to allow individuals to invest in single-family rental homes not just in the cities or states in which they live but in other markets remotely as well. MassMutual Ventures and several strategic angel investors, including Side co-founders Guy Gal & Ed Wu, SafeGraph founder Auren Hoffman, Opendoor’s former VP of Analytics Peter Fishman, Lightspeed Ventures Partner Justin Overdorff and Scale founder Lucy Guo, also participated in the financing.
In the age of the side hustle, it's not surprising that more Americans are looking for new ways to bring in extra income. For homeowners, that means renting out space to others -- and many are doing...
Sales of new single-family houses in August reached a seasonally-adjusted annual rate of 740,000, a 24% decrease from last year but an increase from July’s revised rate of 729,000, the Census Bureau and Department of Housing and Urban Development said Friday. Home prices remained at a survey high in August as builders continued to deal with materials and labor shortages. The median sales price was $390,900, on par with July’s rate, which was revised higher.