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Your Garage May Be A New Rental Opportunity

If you’re looking for a way to create some passive income, look no farther than your own garage. You may be able to convert it into an accessory dwelling unit (ADU) that you can rent out. That’s what Amy O’Dorisio did. In 2019, the real-estate agent with Coldwell Banker West in San Diego spent $130,000 … Read more

No Flood Of Foreclosures In Pandemic’s Wake!

Let’s take a look at forbearance activity across the United States. Now, I know that I have talked about this subject several times over the past year, but it is worthwhile to look at it again — if only for the fact that the program stopped taking new applications for forbearance at the end of … Read more

Home Prices Are Soaring… Is That The Fed’s Problem?

A long line outside an open house in suburban Belleville, N.J., last summer. There has been a wave of New York City residents moving to the suburbs during the pandemic. Robert S. Kaplan, the president of the Federal Reserve Bank of Dallas, has been nervously eyeing the housing market as he ponders the path ahead … Read more

No Flood Of Foreclosures In Pandemic’s Wake

We are going to take another look at forbearance activity across the United States. Now, I know that we have talked about this subject several times over the past year, but it is worthwhile to look at it again — if only for the fact that the program stopped taking new applications for forbearance at … Read more

Landlords Are Ditching Rental Properties And Cashing Out

Ryan David is about to list one of his Pennsylvania rental properties for $129,900. Never in his wildest dreams did he think he’d be selling it for nearly double the purchase price. But thanks to home price appreciation, the once unimaginable is now a reality. While many investors are buying up properties at a record … Read more

Is The Inventory Dam About To Burst?

The Consumer Financial Protection Bureau (CFCB) has proposed modifying its lending rules to prepare for an unprecedented number of homeowners exiting forbearance programs later in 2021…