Month: March 2023

The Power of Buying Back Time

The Power of Buying Back Time

Dr. David Phelps is the founder of Freedom Founders, an exclusive real estate investing community dedicated to helping people achieve financial freedom through real estate. David is a retired dentist who transitioned from his practice to real estate investing to be with his family and he has been...

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CROSS COUNTRY MOVERS LARGELY UNDETERRED BY RISING MORTGAGE RATES

Redfin.com user search data shows that 14% fewer homebuyers looked to move within their own metro area in February than a year earlier, compared with a 4% drop for out-of-town movers The number of Redfin.com home searchers looking to relocate to a new metro fell 3.6% year over year in February,...

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FarmTogether Study: Farmland Investing During Uncertain Times

The study illustrates farmland's historical resilience in the face of financial turbulence, demonstrated by the asset's strong performance since the onset of the COVID-19 pandemic and subsequent market turbulence. Farmland investment manager FarmTogether released a new study that...

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The Importance of Being a Lifelong Learner

The Importance of Being a Lifelong Learner

Paul Wakim is a real estate photographer and investor, and the CEO and co-founder of TwnSqr, a real estate tech company that helps investors find their sellers and buyers in an off-market marketplace. Today, Paul lives a very nomadic lifestyle with his wife, traveling around the country while...

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Prepayments Rebound from All-Time Low

Overall Mortgage Delinquencies Inch Up As 30-Days Late Payments Rise The national mortgage delinquency rate increased 7 basis points in February to 3.45%, but remains down 12.6% year over year Prepayment activity (SMM) inched up to 0.35% -- breaking a four-month streak of record lows, with relief...

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The typical down payment has fallen 10% from a year ago

The typical U.S. homebuyer made a $42,000 down payment in January, the lowest level in nearly two years, amid rising mortgage rates and low competition The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to...

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BSI Financial Services Names Harold Lewis President and COO

Company also appoints financial veteran Brett Behrens to head agency servicing BSI Financial Services, a mortgage operating platform, announced Harold Lewis has been hired as president and COO. In this newly created position, Lewis will be responsible for scaling BSI...

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