Monthly Archives - March 2023

23. 3. 29 ECONOMIC UPDATE – New Home Sales Rise

Overview: Over the past week, the troubles in the banking sector did not spread, making investors more willing to shift back to riskier assets, which was negative for mortgage markets. The economic data released this week had little impact and rates finished higher. With each day that passes without significant new problems at any additional banks, investor concerns ease. This...

Your Weekly Roundup from National REIA

Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing-Home Sales Surge 14.5% in February The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year...

Airbnb Bookings Climb Past Pre-Pandemic Highs

By Brad Beckett We love posting about short-term rentals - especially when there's some good news for the segment.  Today's infographic from Statista says Airbnb saw its bookings cut by more than 40% due to Covid 19.  However, as they illustrate, Airbnb bounced back remarkably well in 2021 and 2022 with the number of nights and experiences booked through the platform...

Understanding the Tax Laws and Regulations is Crucial for Real Estate Investors

By Tiffany McBroom and Melanie Sikma Real estate investment is a popular and profitable venture for many individuals, but navigating the tax implications can be overwhelming. It is crucial for real estate investors to understand the tax laws and regulations specific to real estate to minimize their tax liabilities and maximize their returns. In this article, we will discuss some important...

Your Weekly News Roundup from National REIA

Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website America Has a Shortfall of 6.5 Million Single-Family Homes Thanks to Decade of Under-Building A new report from Realtor.com says a decade of under-building in America has led to a shortfall of 6.5...

Dodd Frank Update

  Three banks collapse in largest banking crisis in 15 years California-based Silvergate Bank, which gained some notoriety as an early participant in crypto investment and transactions, announced it plans to voluntarily liquidate and wind down its business. Less than a week later, Silicon Valley Bank collapsed after announcing a $1.8 billion loss that would potentially make it unable to meet depositor...

Your Weekly News Round Up from National REIA

Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website S&P CoreLogic Case-Shiller Reports 5.8% Annual Home Price Gain The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain for December, 2022. Click here to read more. U.S. Construction...

Ordinance Status Update

As you are aware there is a group of non-owner occupied property owners trying to stop the ordinance. This group has been meeting weekly presenting our case to the Mayor, Administrator, and City Council members and have gotten nowhere. I have been in the Mayor's meetings with 7 other landlords since January expressing the overreach, invasive, and unconstitutional aspects of...

Continuing Education Credit Opportunity

Moisture Intrusion in Homes This course is designed to equip you with basic knowledge that will help you understand and advise clients as it relates to common moisture issues found during a home inspection. This one-hour course will cover common moisture issues found in:   By the end of the course, you'll be able to: Have a general awareness of common moisture issues found during...