I just helped a BiggerPockets investor close on 3 homes in that area and he feels announcements like this "de-risk" his investments, as he says.This is just one of many announcements about companies moving to or expanding in the Valley (which is what we call the Phoenix Metro area...but you know this if you watched the Suns get ever-so-close in the NBA Finals).CoStar.com just reported this on the Metro Phoenix market:Job growth is expected to continue at a healthy pace based on the number of [office and industrial] tenants looking to relocate and expand and who are actively searching for space in the market.

Too many times a company has had a mass layoff planned that hasn't been announced yet and the lenders get stuck holding the bag and the investors lose their money.The most important thing to remember is that a lender is expecting to get paid every month on time in full mortgage payment. 

If this keeps up and more employers get rid of mass amounts of people, based on current data %'s maybe we will see a 13% to 18% shrink in rents or sales price in some areas.I assume lending/banking will be the next industry to announce major layoffs, then health care as insurance is canceled.

Here’s a news clip an investor-friendly lender/investor I know shared with me:“The Treasury Department and FHFA announced Tuesday that they are suspending certain requirements that were added in January to the Preferred Stock Purchase Agreements (PSPAs) between Treasury and Fannie Mae and Freddie Mac.Under those requirements, Fannie Mae had restricted its acquisition of loans secured by second homes and investment properties to 7% of its total single-family acquisitions and applied stricter underwriting to those loans.”Lots of opportunities in several areas golf the Valley!

The potential losses highlight the risks of the iBuyer business, which aims to buy and resell properties for a profit in a roller-coaster market.After purchasing 5,661 homes across 25 metropolitan areas from Austin to Tucson since the beginning of 2021, Zillow announced on October 17 that it would stop buying homes for the remainder of 2021.

Feds crack down on brothers behind 45 million illegal robocalls"Three New Jersey brothers will pay $1.6 million to settle charges of instigating more than 45 million illegal robocalls nationwide, including to tens of millions of Americans on the Federal Trade Commission's Do Not Call Registry, the agency announced on Friday.The siblings also agreed to a permanent ban on telemarketing and will hand over a residential property to resolve the agency's allegations, made in a complaint filed by Department of Justice on behalf of the FTC.

I use investors from CA & WA for funding since they like to invest where it's affordable.Leads List: AC Unit Repairmen, ,Accountants/CPA's, ,Adopt a Street Sign, ,Articles, ,Attorneys/Solicitors, ,Auction.com, ,Auctions, ,Auto Dealerships, ,Bandit Signs, ,Bankruptcy Court, ,Banners, ,BBB, ,Billboards, ,Bird Dogs, ,Birth Announcements, ,Bulletin Boards, ,Bus Stops, ,Business Cards, ,Car Washes, ,Carpet Cleaners, ,Charitable Donations, ,Charitable Raffles, ,Church, ,Civic Organizations, ,Code Violations, ,Cooperative (Coop) Advertising., ,Developers and Builders, ,Door Hangers, ,Door to Door Canvassing., ,Driving For Dollars, ,Expired MLS (Multiple Listing Service) Listings, ,Facebook, ,Federal State City employees, ,Festivals and Fairs, ,Financial Planners, ,Financial/Money Advisors, ,Flyers, ,Flying Banners, ,Foreclosures List, ,Free Gift, ,Free Information Report, ,Free Publicity, ,Freebie Newspaper Ads, ,Garage Sales, ,Gardeners, ,Gardening Clubs, ,Google Ads, ,Google Maps, ,Grocery Store/Department Store Carts and Benches, ,Handouts, ,Hard Money Lenders, ,Helium Balloons, ,High Tech Employers, ,Hold Seminars, ,Home and Garden Shows, ,Home Shows, ,HomeDeport & Lowes & ACE, ,Hospitals & Universities, ,Host or Co-Host a Charitable Function, ,Insurance Agents, ,Interviews, ,Investors, ,Join Community/Business Organizations, ,Joint Mailers Doctor's Bills, ,Large Employers, ,Laundromats, ,Legal Newspapers, ,http://www.listsource.com/homepage/index.htm, ,http://www.usprobateleads.com/, ,Loan Officers, ,Local Employers, ,Lyft Drivers, ,Magnet Signs for Cars, ,Mail Centers, ,Mailers, ,Mailmen, ,Marriage Announcements, ,McDonald's Sign ?

I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.65% interest rate.How is this affecting rental home investors?

Hello BP Community, After 3 long years I'm proud to announce that I finally got my wife on board to jump into RE fulltime.

JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.New Albany is home to several major data centers including ones operated by Amazon, Google and Facebook, whose parent company, Meta, announced plans in the spring to expand its New Albany campus.