The MBA keeps track of forbearance requests and in Q3 2020, the percentage of loans in forbearance was steady at 5.54%. While this is a drop from the reported 8.18% on July 5, 2020, we still have a long way to go. Summer 2020 saw the MBA report that Fannie Mae and Freddie Mac loans [...]
by Andrew Augustyniak, Peoples Mortgage With the heat rolling in, we know Summer in Arizona is officially in full force! With, Arizona is also proving that the market is not slowing down here anytime soon. With the market only being slightly affected with everything going on, new home loan application in the last month are [...]
I am asked all the time by new investors, “What can I do get started and be successful with real estate investing?” Very experience investors with expansive investment portfolios ask the question a little different way, “What do I need to do to expand faster?” Guest what? The answer is the same. SHOW UP! You [...]
I should write about AZREIA’s 9th Anniversary and what it means to be serving Arizona investors for so long, but I’m not going to. Maybe I should write about AZREIA bright future and changes we are making as we begin our 10th year, but I’m not going to. I should probably write about our new [...]
I have received more comments and emails about a comment I made at the end of the Market Update presentation at February’s AZREIA meeting than I have received in a very long time. My comment was something like, “Rarely in life do you get a second chance. The current opportunity to invest in the Greater [...]
If you missed last Saturday's seminar with Andy Heller it is not too late. Register today for an encore presentation of Andy's class this Saturday the 29th!!! Two things are driving today’s real estate market. First, foreclosures are up approximately 100% all across the country, but BANK-OWNED FORECLOSURES (REOs) are up over 300%. Second, many [...]