Real Estate Investing

As of March 16th, 2021, thirteen states have lifted almost all of their coronavirus restrictions. Today’s infographic from Statista says that in places like Texas, Florida, and Georgia there are no mask mandates, stay-at-home orders or interstate travel quarantines in place.  In case you were curious, California continues to have the most coronavirus restrictions.  … [Read more...] about States That Have Lifted COVID-19 Restrictions as of Mid-March – Real Estate Investing Today

(New York Post) The landlord bought this two-story, semi-detached home for about $477,000 and exhausted her savings to renovate it.Back in January we posted about a New York City landlord who was himself facing eviction after some “deadbeat” tenants were refusing to pay rent.  Now,  according to the NY Post, another NYC landlord is unable to evict an alleged deadbeat tenant due … [Read more...] about Landlord Homeless & Unable to Evict “Deadbeat” Tenant Thanks to COVID-19 Law – Real Estate Investing Today

Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic OutlookBy Ingo Winzer March, 2021 Although the US economy does a little bit better every month, it’s still well below the pre-pandemic level. Most importantly, 10 … [Read more...] about Local Market Monitor’s National Economic Outlook – March 2021 – Real Estate Investing Today

There is a new report from Zillow’s economic research team that attempts to put some understanding into the pandemics effect on the housing market. The 32-page slideshow report, “Using Census and Zillow Data to Understand COVID-19’s Impact on the Housing Market” was part of a recent webinar and contains a trove of data spanning all areas of the residential … [Read more...] about Understanding Covid-19’s Impact on the Housing Market – Real Estate Investing Today

The National Association of Realtors is reporting that existing home sales were down 6.6% in February to a seasonally-adjusted annual rate of 6.22 million (up 9.1% from one year ago).  Total housing inventory at the end of February was 1.03 million units, down 29.5% from one year ago.  Unsold inventory sits at a 2-month supply at the current sales pace with properties remaining … [Read more...] about Lack of Inventory Sees 6.6% Drop in Existing-Home Sales – Real Estate Investing Today