Hi BP Community! Heads up - Cash out refinance seasoning was previously 6 months for conforming loans.  This is increasing to 12 months in the near future.  Freddie Mac will make the increase effective March 7, 2023 a...

Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $133,000

Cash invested: $60,969

In March of 2020, we purchased a 3-unit property in Augusta for $133,000 wit...

Enjoy!

The 2022 Austin real estate market was a year of extreme contrasts. The year began with scenes like that below, where there were multiple buyers lined up (often literally) for extremely limited housing inventory:

T...

I am trying to decide whether or not to fork over the money for a walk-in shower for one bathroom and a jacuzzi tub and shower update for my other bathroom. However, I am only considering this because I am about to ta...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Somersworth.

Purchase price: $206,000

Cash invested: $90,000

3 family value add. Needed a ton of work, lots of sweat equit...

Stocks are lower and Mortgage Bonds are higher to start the day. The Fed kicks off their two-day meeting today, with their statement due for release at 2:00pm ET. Fed Chair Jerome Powell will follow up the statement w...

With spring coming, we have more buyer demand, and I have seen multiple offer situations first time in six months. 
New Listings were down in the Charlotte region by 18.3 percent to 3,417. Pending Sales decreased 8.3...