Author Archives: Kim Johnson

  When it comes to getting the best return on investment in the housing market, one real estate investor swears on student housing. “I think that’s the safest bet in real estate,” said Rogers Healy, CEO and Owner of Dallas real estate company Rogers Healy and Associates (video above). The student housing market is what initially […]

Here’s one sector it pays to dabble in. The events of the past two years have caused many people to rethink their plans, work setups, and living situations. For some, that means relocating to a less expensive part of the country. For others, it means downsizing or getting a new job. All of this is […]

There are some huge downsides to house flipping worth considering. If you’re interested in getting into real estate investing, you might be considering house flipping. You’re probably familiar with this widely publicized strategy for making money in real estate. It involves purchasing a home and quickly selling it for more than you paid for it […]

Experts are wondering if the US housing market is in a bubble — and whether it could soon burst. A bubble is when the price of an asset surges, often for irrational reasons or reasons unrelated to underlying fundamentals. Home prices soared throughout the pandemic as debt was cheap and people sought more space during […]

The bigger they are, the harder they fall. That much is true for housing giant Zillow, which entered a hot and unpredictable housing market as a speculator and got burned. Zillow Group, Inc. reported a $330 million net loss for the third quarter (Q3) of 2021 in a letter to shareholders, blaming the loss on the failure of […]

WHAT IS THE PROPOSED ACT? AB 1771, also known as the California Housing Speculation Act (the “Act”), proposes to add an additional 25% tax on the portion of capital gain from the sale or exchange of residential properties within three years of an investor’s purchase of the property. The additional tax would decline in annual […]

Offerpad was the lone iBuyer to generate a profit   So-called iBuyers purchased a total of 70,402 homes in 2021, more than doubling the number purchased in 2019, according to a report from Zillow released on Tuesday. The shopping spree, in a historically wild housing market, led to Zillow’s implosion and a lot of red ink on Opendoor’s books. […]

Audit reveals how federal homeless money is doled out, while L.A. says they are doing better   As Los Angeles’s homeless problem escalated, the very part of L.A. government charged with helping the homeless left millions of federal dollars on the table. That is the finding of a U.S. Housing and Urban Development Inspector General report released last […]

IRVINE, Calif. — February 10, 2022 — ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, today released its January 2022 U.S. Foreclosure Market Report, which shows there were a total of 23,204 U.S. properties with foreclosure filings — default notices, scheduled auctions […]

Economists and professionals in the restructuring sector of business and real estate have been anticipating a distressed economy for the past 18 months. Thus far they have been wrong. The public is just plain confused. Many people today don’t trust their politicians, their news sources and, surprisingly, not even their health care providers and professionals. […]