Mortgage And Real Estate News

Monday, May 21, 2018

Buying a rental property: One landlord's advice to potential owners

"Location, location, location" might be the mantra when selecting a promising house or condominium in which to live. But when it comes to purchasing rental homes, other factors also weigh heavily, according to one Phoenix landlord with different types of properties in Las Vegas.

Read more.... https://www.azcentral.com/story/money/real-estate/2018/05/21/buying-rental-property-landlords-jeremy-kisner-advice-potential-owners/617691002/

Sunday, May 20, 2018

Blackstone’s Canadian housing cousin says rentals just heating up

Last quarter, Tricon Capital Group Inc. used proprietary software to scrape 100,000 house listings in the U.S. Sunbelt states. It put offers on 1,500 and ended up buying about 400. This quarter, the Canadian firm expects to buy up to 600 more

Read more... https://www.bnnbloomberg.ca/blackstone-s-canada-housing-cousin-says-rentals-just-heating-up-1.1077782

Saturday, May 19, 2018

Yun: What’s Holding Back Real Estate Sales

Short-term and longer-term predictions about real estate markets along with a substantive give-and-take about the proposed association dues increase were among the lively topics at the 2018 REALTORS® Legislative Meetings & Trade Expo on Thursday.

Read more... http://realtormag.realtor.org/daily-news/2018/05/18/yun-what-s-holding-back-real-estate-sales?utm_source=dlvr.it&utm_medium=twitter

Monday, May 7, 2018

Central Phoenix's Madison Grove Apartments sold for $21 million

A central Phoenix apartment complex fetched more than $21 million in a recent sale after the property had been renovated.

Read more... https://www.bizjournals.com/phoenix/news/2018/05/07/central-phoenix-apartments-sell-for-21-million.html

Saturday, May 5, 2018

Tuesday, April 24, 2018

What’s Restricting Home Affordability?

Home prices increased 2.9 percent in February 2018 according to the latest data from First American's Real Home Price Index (RHPI) that was released on Monday. The data revealed that homes became 5.1 percent more expensive compared to the same period last year, even as consumer house-buying power, how much one can buy based on changes in income and interest rates, declined 2.6 percent in February.

Read more... http://themreport.com/daily-dose/04-23-2018/whats-restricting-home-affordability

Saturday, April 21, 2018

Zillow to start buying and selling metro Phoenix homes

Valley homeowners know Zillow for its online valuations. People either love or hate Zestimates, depending on what it says about their own house. 

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2018/04/21/zillow-start-buying-and-selling-metro-phoenix-homes/526146002/

Reuters: Business News

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