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Real Estate newsletter: Inside L.A.’s plan to add 250,000 homes

Real Estate newsletter: Inside L.A.’s plan to add 250,000 homes

by Third Party | Feb 28, 2022 | News/Current Events, Real Estate News

Source: LA Times —  Welcome back to the Real Estate newsletter, where a busy week brought us news from every corner of the Southern California housing market. Let’s start with the affordable part of the market (relatively speaking, of course). State regulators...
Foreclosure Activity Rises in U.S. as Vacant Zombie Properties Dip in Early 2022

Foreclosure Activity Rises in U.S. as Vacant Zombie Properties Dip in Early 2022

by Third Party | Feb 28, 2022 | Industry Updates, News/Current Events

Source: World Property Journal —  According to ATTOM Data’s first-quarter 2022 Vacant Property and Zombie Foreclosure Report, 1.4 million (1,354,579) residential properties in the United States sit vacant. That represents 1.4 percent, or one in 73 homes,...
Fill Gaps in the Capital Stack

Fill Gaps in the Capital Stack

by Third Party | Feb 28, 2022 | Industry Updates, News/Current Events

Source: Scotsman Guide —  With life beginning to return to some form of post-pandemic normal and businesses reopening their offices nationwide, demand for commercial real estate has been on the rise. Mortgage brokers can see evidence of this trend from a variety...
From Renter to Homeowner: Tips from People Who Made the Change

From Renter to Homeowner: Tips from People Who Made the Change

by Third Party | Feb 27, 2022 | News/Current Events, Real Estate News

Source: The Spruce —  Many millennials are in the process of leaving their rental units behind to become homeowners, but purchasing a house or condo doesn’t solely result in more space and freedom—it can bring about a slew of challenges, too. We spoke with...
Despite tight housing market, Baton Rouge residential vacancy rate rises

Despite tight housing market, Baton Rouge residential vacancy rate rises

by Third Party | Feb 27, 2022 | News/Current Events, Real Estate News

Source: Business Report —  A national real estate data firm counts 3,622 vacant residential properties in the Baton Rouge metro area, or 1.46% of the total.  That’s a little above the national average of 1.37% and a little higher than the local vacancy rate...
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