500,000 homes could be constructed, renovated and sold under the bipartisan bill With Congress set to reconvene for a post-election legislative session, 100 members of the U.S. House of Representatives and 24 senators have now signed on to support a new tax incentive that would produce 500,000...
Month: November 2022
U.S. News & World Report Unveils New Housing Market Index
Housing market perspectives are synthesized with the new interactive interface U.S. News & World Report, the global authority in rankings and consumer advice, unveiled its new Housing Market Index. The new tool leverages IBM Watson® Natural Language Understanding – and the...

All Things Real Estate: Getting Started, Scaling Your Team, And Living The Dream With Jason Mcdougall
Finding opportunities in the market has always been hyped and encouraged—but it is actually as challenging as it is dreamy. In this episode, Jason McDougall shares with us his financial journey and all the gold nuggets he got in real estate from learning the hard way! Jason is a...

Naaman Taylor On Building Wealth As An Army Veteran-Turned-Real Estate Investor
Being in the army is a patriotic duty that gives you overflowing pride, but time will come and you need to move on from the service. Going into real estate is one of the best investments a veteran can do, given its wide variety of assets and available opportunities. Many retired soldiers...

Renters Warehouse: Leveraging Your House To Generate Income With Noel Christopher
When you own the house, you can’t generate wealth from it if you don’t leverage it. In today’s society, where people are moving five to ten years from now, how can you create wealth by owning that house? In today’s episode, Noel Christopher, the Senior Vice President of Renters...
Prepayment Activity Hit Record Low in October
- Prepayments fell 16.5% to a single-month mortality (SMM) rate of 0.48%, well below the previous record of 0.55% and the lowest recorded since at least 2000 when Black Knight began reporting the metric - The national delinquency rate rose 4.5% in October to 2.91% – up 12 basis points since...
US Mortgage Delinquencies Remain Near Historic Low in September
The overall delinquency rate dropped for the 18th straight month on an annual basis CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its monthly Loan Performance Insights Report for September 2022. For the month of September,...
Homebuying Demand Ticks Up Slightly After Record-Fast Rate Drop
Mortgage-purchase applications and Redfin’s Homebuyer Demand Index both increased as rates stayed around 6.6%, down sharply from 7% earlier this month, saving the typical buyer over $100 in monthly mortgage payments. Still, supply is piling up--posting a record annual increase--as pending sales...
Economy Still Expected to Enter (and Exit) Modest Recession in 2023
Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound After rebounding at a 2.6 percent annualized rate in Q3 2022 on the strength of net exports, real gross domestic product (GDP) is projected to turn negative again in the fourth quarter as the temporary boost from...