Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
Real Estate Investing
Foreclosures Reach Their Lowest Level Since Tracking Began
According to The Title Report, foreclosure filings in 2019 reached their lowest level since tracking began in 2005, with the highest potential for distressed properties cropping up in the major metro areas of Baton Rouge LA., Atlanta GA, Salt Lake City UT, Orlando FL and Portland, OR. The states of Nevada, New York, New Jersey,… Read More
Real Estate Trends: Homeownership Edging Up
The gradual upward movement of Arizona’s current Real Estate market is very much like most other markets throughout the U.S. The rate of Arizona homeownership has been on an upward trajectory since 2015 when it hit a 20-year low point of 61.7%. 2016 saw a moderate rise to 61.9, and a substantial increase to 64.4%… Read More
Are Higher Rental Costs Prompting More Millennials to Buy Homes?
Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… Read More
Chandler, Arizona’s on the Short-List for Single Home Buyers
According to SmartAsset, Chandler, Arizona is one of the cities chosen most often by Single Home Buyers, and I’m not surprised. Chandler has an animated vibe and a progressive philosophy. The downtown area has grown from one sleepy laid-back main street to a whirlwind of eclectic activity in just the past few years. Chandler’s relative… Read More
Begin Your Spring Cleaning on the Outside!
Spring is in the air… the traditional season of home cleaning, yard renewal and a crazy busy Real Estate market has arrived, and homeowners are quickly morphing into home sellers. Whether your property has been on the market through the Winter or you’re just getting ready to list, you’re likely weighing your Spring cleaning options…. Read More
Your HELOC Might be Deductible, IRS Explains
This year’s income tax season is nearly at a close and many of us have already moved on to determining and tracking deductions for the 2018 tax year. Mortgage and Home Equity loan interest tax guidelines will be changing but the general public’s initial knee-jerk reaction to these adjustments was largely premature. Fortunately the bottom… Read More
New to Real Estate Investing? 3 Tricks for Beginning Home Flippers
If you’ve never flipped a house before there are probably hundreds of things you should be aware of. But let’s assume you’ve done your research, you know a sharp Real Estate agent to help you find the right home, and you’ve got some contractor skills to help you overhaul it. All these things would give… Read More
Overseas Real Estate Investing – 11 of the Best Places to Look in 2018
#1 on My List of Best Places Overseas to Invest in Real Estate is Costa Rica I have to say I was surprised to discover that Costa Rica was not on the author’s list. My company has an office in Costa Rica in fact, and many of us own property there. Costa Rica is a… Read More
Video: Before You Buy a Flipped Home, Know This!
There seems to be some hesitation among home buyers when it is revealed that a home is a “Flip”. In one sense I agree, you do need to be cautious. On the other hand, I’ve seen many, many well done and fairly priced flipped homes. Here’s the thing… Do Your Research! How long has the… Read More