This week on The Weekly Digs: Is an “Eviction Tsumami” looming in 2021? The U.S. economy has only recovered half the 22 million jobs lost during 2020; meanwhile, stimulus checks and support for unemployed is drying up fast. On another note, the housing market in the U.S. continues to be red hot. This and more, below the fold.

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🔥 Featured Post

• Is an “Eviction Tsunami” Looming in 2021?
  • Millions of Americans remain out of work in the coronavirus pandemic, after the economy has recovered only half of the 22 million jobs lost in the spring of 2020. Meanwhile, the stimulus checks and extended unemployment benefits are ancient history by November. This…

🎧 Latest Podcasts

• BiggerPockets Podcast 417: 9 Ways to Tweak Your Mindset So You Can Lock Down Deals with Brandon and David

  • Are you a new or aspiring real estate investor who hasn’t locked down your first deal? Or maybe you haven’t hit your personal goal or unit count yet. If so, you may need to tweak your mindset to reach new heights. Brandon and David are back flying solo on this weekend’s episode to talk about the 9 m

📖 Latest Blog Posts

From Calculated Risk’s Most recent posts

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• Comments on October Housing Starts
  • by Calculated Risk on 11/18/2020 09:32:00 AM
• Housing Starts increased to 1.530 Million Annual Rate in October
  • by Calculated Risk on 11/18/2020 08:38:00 AM
• MBA: Mortgage Applications Decrease in Latest Weekly Survey
  • by Calculated Risk on 11/18/2020 07:00:00 AM
• Wednesday: Housing Starts
  • by Calculated Risk on 11/17/2020 09:15:00 PM
• November 17 COVID-19 Test Results; Record Hospitalizations
  • by Calculated Risk on 11/17/2020 07:57:00 PM

From Realtor.com’s Latest News

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• Home Builder Confidence Surges to New Record High as Sales Volume Grows
  • The construction industry’s outlook improved again in November, according to research from a trade group released Monday.
• Economic Update This Week: Signs of Improvement?
• U.S. Housing Market Takes a Breather But Stays Hot
  • Between the presidential election and a new wave of coronavirus cases, buyers and sellers had reasons to pause, report finds.
• Despite Uncertainty, Home Prices Are Rising by Double Digits in Much of Nation
  • Home prices sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted.

From Spark Rental’s Latest Blog Posts

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• Property Taxes by State & County: Lowest Property Taxes in the US Mapped
  • Where are the lowest property taxes in the US? The highest property taxes? Some states offer no surprises. New Jersey, for example, charges the highest property taxes in the nation as a statewide average. But Texas also ranks among the top five highest property taxes…
• Is an “Eviction Tsunami” Looming in 2021?
  • Millions of Americans remain out of work in the coronavirus pandemic, after the economy has recovered only half of the 22 million jobs lost in the spring of 2020. Meanwhile, the stimulus checks and extended unemployment benefits are ancient history by November. This…
• What Is Due Diligence in Real Estate, and How Do You Do It?
  • In short, due diligence in real estate means “do your homework.” This goes beyond looking for the “perfect” property, whether for your personal residence or an investment. Due diligence means conducting thorough research to ensure the home is a good investment before…
• Capital Gains Tax on Real Estate – And How to Avoid It
  • Real estate investments come with a slew of tax advantages. While you own the property as a rental, you can take nearly two dozen landlord tax deductions.  Then, when it comes time to sell, you can reduce or avoid capital gains taxes on real estate through another…

From Bigger Pockets’ Top Popular Posts

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• Opinion: I Don’t Trust Anyone Who Wholesales—Here’s Why
  • By Darren Sager
• If ‘Everyone’ Is Leaving California, Should Real Estate Investors Leave, Too?
  • By Andrew Syrios
• Foreclosures in the US Increase as COVID Continues To Rise
  • By BiggerPockets

From PM Insider’s Latest Posts

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• Data Makes the Difference in Gaining Control of Multifamily Utilities
• Automated Multifamily Vendor Payment Processing is Saving Time, Money and Headaches
• Multifamily PMCs Using Benchmarking to Optimize Marketing Spend
• Affordable Compliance: Speed vs. Accuracy in Certifications

🤓 From Reddit

From Reddits /r/RealEstate Subreddit

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• I just signed my title on a three story town house using the VA loan on veterans day and closed on Friday the 13th.. first time home buyer. I’ll remember this day to infinity.
  • current score on reddit: 511
• I just put in an offer 40 THOUSAND over asking and still did not get the home in Grand Rapids,MI. Tell me there is still hope for me.
  • current score on reddit: 283
• Real Estate Brokers keep cold calling my parents asking if they want to sell their home. These calls are increasing in frequency and they even managed to get my cell phone number even though I do not live there.
  • current score on reddit: 256