Friday, December 16, 2022

FHA Now Allows 'Double-Dipping' On Loans

The Federal Housing Administration on Thursday announced a rule change that will allow individuals to serve as both the real estate agent and mortgage loan originator for FHA-insured home sales.

Read more... 


Thursday, December 8, 2022

Genius Ways To Earn Real Estate Passive Income

One of the most common investment strategies is passive investing. Done correctly, once the initial due diligence is done, an investor will not have to devote large amounts of valuable time to tend to their portfolio positions. Others do the day-to-day work while the passive investor collects the proceeds as their reward for providing capital.


Read more... 
https://seekingalpha.com/article/4562595-genius-ways-to-earn-real-estate-passive-income


Friday, July 8, 2022

Scottsdale’s affordable housing situation is worst in metro Phoenix, new study shows

Scottsdale's housing shortage may be far worse than city figures suggest, with thousands fewer units coming down the chute than was estimated and the city's workforce being priced out of the market faster than anywhere else in the Valley, according to a recently released analysis.

The study from Elliott D. Pollack and Company — a local real estate and economic consulting firm — was presented at the Scottsdale City Council meeting on Wednesday. It was commissioned by a pro-development group called Home Arizona, and used estimated median salaries in the metro area to gauge affordability.

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Tuesday, July 5, 2022

The Phoenix real estate market: Stats and trends for 2022


Real estate investors are purchasing more homes in Phoenix than in any of the other top 30 markets in the U.S., due to the metro area's double-digit rent growth and high price-to-rent ratio.1

Read more... https://learn.roofstock.com/blog/phoenix-real-estate-market


Friday, April 8, 2022

Acre lot in Arcadia sells for record-breaking $4.75M

A 1.05-acre parcel of vacant land in the Arcadia area of Phoenix originally owned by the Frank Lloyd Wright family sold on Thursday for a record-breaking $4.75 million.

Read more... https://www.abc15.com/news/business/acre-lot-in-phoenixs-arcadia-neighborhood-sells-for-record-breaking-4-75m


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