You probably already know that rentership is on the rise (and if you don’t, read this), but did you know that in more than 500 American cities, the percentage of homes for rent versus owner-occupied has increased? The question is: Is your city one of them? Some people look at this situation with pessimism. For [...]
There have been reports that deals on foreclosure inventory have been tougher to find since the “robo-signing” scandal took effect. According to CNN, some markets are seeing the number of properties coming to auction drop significantly. This information is invaluable to both the real estate investor and the investor agent. Knowing where the deals are [...]
According to the most recent Existing Home Sales Report from NAR, investors were responsible for 36% more transactions in October of 2010 than the previous year. Several factors could be the reason for increased investor confidence, including distressed properties offered at a discount and declining vacancy rates. Agents who can speak investors’ language are well [...]
Good news for investors: Fannie Mae recently reported that national vacancy rates for rental properties have steadily declined through 2010. Fannie also predicted an increase in home sales for 2011, and noted that distressed properties accounted for one-third of home sales in Q3 of 2010. Investors have a unique opportunity in today’s market to buy [...]
Parents are buying up properties to rent in college towns, according to a recent survey of Realtors. It makes sense that parents would want to be able to reap the benefits of cash flow rather than pay for the rising costs of room and board. Because two-thirds of major universities are in towns with a [...]
The Dallas Morning News recently reported that gross agent commission for Realtors has plummeted by 50 percent in the last five years. Meanwhile, only 49 percent of real estate investors closed with an agent in 2009. According to industry estimates, this could mean $18 billion in missed commissions is at stake. Establish your competitive edge [...]