Boston Real Estate Investors Association

Choosing the Best Heating & Cooling System for Your Property

Selecting the optimal heating and cooling system for your property.

On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick discusses HVAC systems with expert Howard Bynder. Bynder provides practical tips on selecting the right HVAC system for your property, finding a reliable contractor, and exploring available rebates and incentives in your area. “Anyone who owns rental property understands […]

Selecting the optimal heating and cooling system for your property. Read More »

FHFA Says Home Prices Up 6.3% Year Over Year

FHFA reports that home prices have increased by 6.3% compared to last year.

News / Boston REIA

The most recent Federal Housing Finance Agency’s House Price Index (HPI) report shows a 6.3% increase in home prices between January 2023 and January 2024. Additionally, the seasonally adjusted monthly index for January rose by 0.1% from December. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home

FHFA reports that home prices have increased by 6.3% compared to last year. Read More »

Flipping Activity Continues to Drop While Profits Continue to Rise

Despite profits continuing to rise, the activity of flipping has seen a decline.

News / Boston REIA

The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest

Despite profits continuing to rise, the activity of flipping has seen a decline. Read More »

Foreclosure Starts Rose in October - Real Estate Investing Today

Foreclosure initiations surged in October – Real Estate Investing Today

News / Boston REIA

According to Black Knight’s latest Mortgage First Look, the national delinquency rate decreased by 3 basis points to 3.26% in October. This represents a 9 basis point improvement compared to the same time last year. However, foreclosure starts increased to 33,000 in October, reaching their highest levels in 18 months. Meanwhile, the number of foreclosure

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Zombie Foreclosures Rise in Q4 - Real Estate Investing Today

The fourth quarter sees an increase in zombie foreclosures

News / Boston REIA

According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around

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FHFA Says Home Prices Up 5.6% in Year Over Year - Real Estate Investing Today

The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today.

News / Boston REIA

According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes

The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today. Read More »

NAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages - Real Estate Investing Today

NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News Today

News / Boston REIA

According to a report from Reuters, a federal court in Kansas City, Missouri has ruled in favor of the plaintiffs in a class action lawsuit against the National Association of Realtors (NAR), awarding them $1.78 billion in damages. The lawsuit represented sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022

NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News Today Read More »

Pending Home Sales Up 1.1% in September - Real Estate Investing Today

September saw a 1.1% increase in pending home sales – Real Estate Investing Today

News / Boston REIA

According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to

September saw a 1.1% increase in pending home sales – Real Estate Investing Today Read More »

Existing-Home Sales Down 2% in September

September saw a 2% decline in the sales of existing homes, according to authentic data.

News / Boston REIA

The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago,

September saw a 2% decline in the sales of existing homes, according to authentic data. Read More »

Foreclosure Activity Rises by 28% in the Third Quarter of 2023

News / Boston REIA

According to the ATTOM Data’s Q3 2023 U.S. Foreclosure Market Report, the number of U.S. properties with foreclosure filings (default notices, scheduled auctions, or bank repossessions) has increased by 28% from Q2 and 34% from the previous year. In September alone, there were 37,679 U.S. properties with foreclosure filings, which is an 11% increase from

Foreclosure Activity Rises by 28% in the Third Quarter of 2023 Read More »