Foreclosure Activity Dropped 4% in July
We’ll see a slow uptick in foreclosures? Not in July. While unexpected, Attom’s EVP says the drop might be normal seasonal changes rather than an overall decline.
7 States Still Haven’t Approved Virtual RE Closing
California, Connecticut, Georgia, Mississippi and South Carolina haven’t passed legislation, but Delaware, Massachusetts and Washington, D.C. are close to doing so.
Fannie Mae: Buyers Wary of the Housing Market
Buyers’ feelings about the current market hit a low not seen since 2011. Only 17% think it’s a good time to buy a home, and the “good time to sell” index also dropped.
Foreclosures Still Low – but Will Probably Grow
While experts don’t expect a recession-style foreclosure surge, the numbers should keep rising as the U.S. housing economy returns to “normal.”
U.S. Renter Income Needed for a Modest Apartment?
Report: A worker making $10/hour in Fla. must work 86 hours to afford a one-bedroom apartment – an affordable rental goal in only 1 out 10 U.S. counties.
3 Ways to Fight Inflation to Win the Long Game
Many investors consider real estate a hedge against inflation, and it is. Long term, stocks still have a stronger historical position – but gold does not.
4 Ways to Get Started with Facebook Live
Many Realtors dislike live presentations because “I’m nervous” or “don’t like the way I sound.” But with practice, Facebook Live is strong marketing tool.
Short-Term Rentals Boomed – That’s Good and Bad
People who could work from anywhere often opted for Fla., and real estate investors found short-term-rental profits soared – but it added to buyers’ frustrations.
Condo Safety Checks May Face Difficulties
New Fla. condo safety standards raise the bar for about 2M owners and set an extremely short timeline – and there may not be enough engineers to get the job done.
Credit Score Error May Have Hurt Homebuyers
Equifax – one of the big three U.S. credit scorers – says a computer coding error changed credit scores as much as 25 points, up or down, between March 17 and April 6.