Seller Financing and Land Contracts

The housing market, which took a considerable hit as a result of the 2008 recession, has rebounded in the past few years, in part due to an increase in seller financed residential housing transactions. A significant portion of seller financed transactions has utilized the land installment contract to...
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Fannie Mae No longer Allows Plywood in Pre-Foreclosure

HousingWire is reporting that Fannie Mae recently announced that it “no longer accepts plywood boards as an acceptable boarding solution on windows of its properties.”  Recall that last year they said that mortgage servicers would be reimbursed for using clear boarding instead of plywood when securing homes in...
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Best & Worst States for Retirement

For many of us, retirement is a long way off.  However, if you’re a real estate investor, knowing where the hot spots are are, or will be, is essential to making good, sound investment decisions when targeting that “now-retiring” demographic – Baby Boomers.  The folks over at Bankrate.com...
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Zumper’s National Rent Report for April

Rental information site Zumper recently released their National Rent Report for April showing that the median national rent for 1-bedroom apartment was $ 1,164 and $ 1,377 for a 2-bedroom apartment.  San Francisco continues to dominate their National Rent Index of 100 cities at $ 3,320/$ 4430 with...
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US Construction Spending Up 3% from 2016

The U.S. Department of Commerce is reporting that total construction spending in February was estimated at a seasonally adjusted annual rate of $ 1,19 trillion, which is 3% higher than February 2016.  Private residential construction was at a seasonally adjusted annual rate of $ 484.7 billion in February,...
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Are Gas Stations the New Grocery Stores?

Are gas stations and convenience stores the new grocery stores?  That’s the gist of a recent article by Chase Bank about the cultural shift taking place among shopping habits – particularly among millennials.   They report that in 2014, convenience stores accounted for 11% of food & beverage stops...
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Best Markets for SFR’s in 2017

Data powerhouse ATTOM Data Solutions (parent company of RealtyTrac) recently released their Q1 2017 Single Family Rental Market report, which ranks the best U.S. markets for buying single family rental (SFR) properties in 2017.  The average annual gross rental yield (annualized gross rent income divided by median purchase...
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