New York is leading the race for urban dwellers fleeing cities in search of suburban homes. Mortgage rates drop to record lows; however, it could start getting more expensive to refinance a home soon. Also, are rural land prices going through the roof? This and more below the fold!
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💥Featured Post
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U.S. Metro Dwellers Are Increasingly Searching for Suburban Homes
- New York is one of the metros where the trend toward the suburbs is most prevalent, according to realtor.com
🎧 Latest Podcasts
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BiggerPockets Podcast 395: From Car Valet to $100k/Month… Seriously! with Thach Nguyen
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Today: a no-excuses, American Dream story that will get you fired up to go hunt down a deal! Thach Nguyen is an investor and agent in the Seattle, Washington area. When he was a kid, his family fled Vietnam for the U.S… he later parked cars at a Chinese restaurant… and despite becoming a top-pro
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📖 Latest Blog Posts
From Calculated Risk’s Most recent posts
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Comments on July Housing Starts
- by Calculated Risk on 8/18/2020 09:28:00 AM
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Housing Starts increased to 1.496 Million Annual Rate in July
- by Calculated Risk on 8/18/2020 08:37:00 AM
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Tuesday: Housing Starts
- by Calculated Risk on 8/17/2020 08:29:00 PM
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August 17 COVID-19 Test Results
- by Calculated Risk on 8/17/2020 06:19:00 PM
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MBA Survey: “Share of Mortgage Loans in Forbearance Decreases for the Ninth Straight Week to 7.21%”
- by Calculated Risk on 8/17/2020 04:00:00 PM
From Realtor.com’s Latest News
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For Buyers Ready to Leave Major Markets, Smaller Cities Offer (Relatively) High Supply
- After years of tight supply and rising prices, luxury buyers can find more options in secondary markets outside major hubs.
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Why Refinancing Your Mortgage Is About To Get More Expensive
- One of the bright spots of the pandemic and recession for homeowners is that they’ve been able to refinance their mortgages—and save money. That could change.
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U.S. Metro Dwellers Are Increasingly Searching for Suburban Homes
- New York is one of the metros where the trend toward the suburbs is most prevalent, according to realtor.com
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Are Things Looking Up? Mortgage Rates Drop to New Record Low, Jobless Claims Decline, and More Updates From Our Chief Economist
From Spark Rental’s Latest Blog Posts
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Real Estate Investing Quotes: 27 Classic Quotes for Cocktail Parties
- Who doesn’t love a pithy quote? Well, all right, the Internet can get prettttty cluttered with pseudo-profound inspirational quotes and social media share-bait. But hey, there are still plenty of great real estate investing quotes out there. Given how many famous,…
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Best Real Estate Investing Blogs: Where to Learn Real Estate for Free
- Who said education had to be expensive? Whatever real estate skills you want to learn, the best real estate blogs on the web provide rich, in-depth content to help bridge the gap between what you know today and what you need to know to build wealth with real estate….
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Real Estate in Recessions: How Do Rents & Home Values Perform?
- As we round the corner to the last half of 2020, the United States continues to fight against the spread of the coronavirus. Unemployment rates are at all-time highs and the economy is knocking on the door of a recession. Because we’ve experienced many recessions in…
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What Is Savings Rate? Retirement Numbers, Savings Rate Calculator & More
- No matter how much you earn, you won’t build wealth if you spend every penny you bring in. A person who earns $75,000 and saves $25,000 per year will create wealth faster than someone who earns $1,000,000 and spends $995,000 of it. Flashy cars and imposing homes may…
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The 7-Step Morning Routine That Transforms My Entire Day
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The Best Real Estate Niche for Newbies Starting Out in 2020
- By Bryce Robertson
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Why Fears About Looming Inflation Are NOT Overblown (& a Heckuva Silver Lining for Buy and Hold Investors)
- By Phil McAlister
From PM Insider’s Latest Posts
- Keeping Up with Regulations on Evictions and Collections
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🤓 From Reddit
From Reddits /r/RealEstate Subreddit
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Agent pays $8,917 fine and stays licensed for using a pocket listing (not on MLS), then selling home to her son, who resells it for $217,000 more a few months later.
- current score on reddit: 483
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Rural land prices are going through the roof
- current score on reddit: 280
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Agents do not fall for this lead generation scam
- current score on reddit: 251