Are Algorithms Radically Changing Real Estate?, Contractor Availability & Buying Rehabs, Foreclosure Inventory Trend

Are Algorithms Radically Changing Real Estate?

Real Estate Tip:

Confirm contractor availability to work before you commit to buying a property that needs extensive renovations

Real Estate Insight:

As of March 2019, the foreclosure inventory rate - which measures the share of mortgages in some stage of the foreclosure process - was 0.4%, down 0.2 percentage points from March 2018.

One Big Risk In US Real Estate Now, Planning Funding For A Rehab, Jersey City Limits airbnb Use

One Big Risk In US Real Estate Now

Real Estate Tip:

Line up multiple potential funding sources beforehand as you plan a property rehab or renovation

Real Estate Insight:

Jersey City council passed an ordinance instituting an annual 60 day cap for short term rental properties (ie. airbnb) if the owner is not on site