article thumbnail

The Definitive Guide to Buying a House in Arizona

Mashvisor

Not only is it landlord and Airbnb friendly, but property taxes are relatively low and home values, high… Arizona is one of the best states to invest in real estate.

article thumbnail

Banking Failures & Their Impact On the Housing Market - Part 2 - The REO Dilemma

Eppraisal

In the last post, we looked at how bank failures can lead investors to bonds which, subsequently, pressure mortgage lenders to lower their interest rates. Real estate owned (REO) properties are those that were once collateral to an active mortgage but were seized in foreclosure actions. Investors check its listings regularly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation's Impact on the Housing Market

Eppraisal

Just as inflation drives up the value of lumber, light bulbs, potatoes, chicken and women's shoes, it boosts home values in the same way. For instance, and for simplicity, if there are 30 identical houses and $600 in circulation, each property would be priced at $20. What about investors, who both buy and sell?

article thumbnail

Build-for-rent is a bet on the ‘new normal’ housing market

Housing Wire

one of the nation’s largest homebuilders, recently offering to sell some 5,000 homes to investors in the SFR market, according to a Bloomberg report. Redfin defines investors as any institution or business that acquires residential real estate. Investor purchases slumped 26.1% metro areas. That compares with a 17.4%

article thumbnail

Institutional SFR players are stuck in the doldrums

Housing Wire

By “renovating thousands of homes” absent obtaining building permits, pleadings in the case allege, Invitation Homes was able to “avoid revaluations that would have happened if permits were obtained, thus evading increased property taxes on improved properties.” billion [due to increased home values]. “…The

article thumbnail

Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. Couple this with the improved job market and an upswing in home values, and you have a tidal wave of homeowners willing to invest in fixer-upper dwellings.

article thumbnail

Second-Time Homebuyer Guide

PennyMac

Purchasing a new home while carrying your current loan without selling makes it extremely difficult to qualify for a mortgage. Other home expenses, such as property taxes, utilities, homeowners insurance and often costly homeowners association (HOA) dues, will also continue until you sell.