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Landlords going into default. Florida rental market on verge of collapse.

Real Estate • 02.27.2025

Tommy Desmond

Rents are dropping across the state of Florida according to a new report from Redfin. Especially in the Tampa-St Pete metro, where asking rents are do...

Understanding Institutional Conforming Loans vs. Non-Conforming Loans

Mortgage • 02.27.2025

Tommy Desmond

When seeking financing for real estate purchases, borrowers encounter different types of mortgage loans. Among the most important distinctions are...

Understanding the Difference Between Open-End and Closed-End Funds in Real Estate Investing

General Investment • 02.27.2025

Tommy Desmond

Real estate investors have multiple avenues for participating in the market beyond direct property ownership. Among these investment vehicles,...

Federal Housing Department Faces Significant Staffing Reductions

Government • 02.15.2025

Tommy Desmond

Workers at the U.S. Department of Housing and Urban Development (HUD) are preparing for substantial staff reductions, impacting key divisions that...

Triple Net Investing 101: Everything You Need to Know About Triple Net Leases

Real Estate • 01.31.2025

Tommy Desmond

Triple Net (NNN) investing is a phenomenal way to grow your passive investment portfolio. Get answers to FAQs about this lucrative commercial real...

CSS: 57% of Appraisals Exceeded Sales Price in Late 2024

Mortgage • 01.31.2025

Tommy Desmond

How precise were home appraisals in the latter half of 2024? A recent report from Corporate Settlement Solutions (CSS) indicates t...

2024 U.S. Home Sales Reach Lowest Level in Nearly 30 Years

Real Estate • 01.27.2025

Tommy Desmond

Elevated mortgage rates, rising home prices, and a limited supply of available properties have continued to challenge prospective homebuyers, makin...

Five Strategies to Avoid Overemphasizing Short-Term Market Trends

General Investment • 01.31.2025

Tommy Desmond

Recency bias leads investors to place excessive weight on recent performance trends while underestimating other key factors such as fundamentals, v...

Michigan Unemployment Rate Rises Slightly in December

Economic • 01.27.2025

Tommy Desmond

Michigan's seasonally adjusted unemployment rate increased by 0.2 percentage points to 5.0% in December, according to data released by the Michigan...

Real Estate Syndications 101: What To Know BEFORE You Invest

Real Estate • 01.31.2025

Tommy Desmond

Jim is a long-time syndication investor and former professional football player (seriously!) Devon Kennard. Before syndications, Devon bought singl...

How to Analyze Real Estate Rental Properties: Capitalization Rate Explained

Real Estate • 01.17.2025

Tommy Desmond

When you're analyzing a real estate deal for a rental property, one of the most common metrics you'll hear about is cap rate or capitalization rate...

December Inflation Report Shows Modest Increase

Economic • 01.17.2025

Tommy Desmond

According to the latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation edged up slightly in December. Prices incr...

December Mortgage Data Shows Growth Across All Loan Categories

Mortgage • 01.17.2025

Tommy Desmond

New data highlights year-over-year growth in mortgage activity, providing optimism for industry professionals as 2025 begins.

On Tuesday, O...

Historic Settlement Between HUD and PHH Mortgage Corporation

Legal • 01.15.2025

Tommy Desmond

The settlement marks the largest reimbursement in HUD history for FHA borrowers, with nearly $3.5 million distributed to over 50,000...

Will Mortgage Rates Fall Below 6% in 2025? Insights from Experts

Mortgage • 01.15.2025

Tommy Desmond

The beginning of 2025 has brought a mix of signals for the U.S. economy. While inflation has eased from its peak in 2023, it remains above the Fede...

An Overview of Real Estate Investment Trusts (REITs)

Real Estate • 01.15.2025

Tommy Desmond

Real Estate Investment Trusts, commonly known as REITs, were established by Congress in 1960 to provide individuals with the opportunity to invest...

How Do REITs Work?

Real Estate • 01.15.2025

Tommy Desmond

REITs, or real estate investment trusts, were created by Congress in 1960 to give all individuals the opportunity to benefit from investing in inco...

Commercial Real Estate Appraisal Valuation Methods

Real Estate • 01.15.2025

Tommy Desmond

When you're buying a commercial real estate investment and you're planning to put a loan on that property, the lender is likely going to have a few...

Federal Reserve Likely to Maintain Current Interest Rates

Economic • 01.15.2025

Tommy Desmond

The Federal Reserve is expected to hold steady on interest rates, according to financial advisory firm deVere Group. This outlook comes after the r...

Survey: Over One-Third of U.S. Homeowners Intend to Stay Put Indefinitely

Real Estate • 01.14.2025

Tommy Desmond

According to a recent Redfin survey, 34% of U.S. homeowners report they have no plans to sell their homes. An additional 27% indicate they wouldn’t...

Potential Impacts of Privatizing Fannie Mae and Freddie Mac

Mortgage • 01.13.2025

Tommy Desmond

The prospect of privatizing Fannie Mae and Freddie Mac, two government-sponsored mortgage entities, has resurfaced with discussions about potential...

Home Tours Increase, but Sales Remain Sluggish Amid Rising Mortgage Rates

Real Estate • 01.13.2025

Tommy Desmond

While the new year has brought a slight increase in home tours, elevated mortgage rates continue to impact the pace of home sales, according to a r...

California Bans Insurance Policy Cancellations in L.A. Until 2026 Amid Wildfire Costs

Legal • 01.13.2025

Tommy Desmond

California’s Insurance Commissioner Ricardo Lara announced a moratorium on insurance policy cancellations in areas of Los Angeles most affected by...

Why Do I Need Two Types of Title Insurance?

Title • 01.13.2025

Tommy Desmond

Q: We are buying our first home and are stretching our savings to cover the down payment, closing costs, and moving expenses. Our...

Mortgage Credit Availability Increased Slightly in December

Mortgage • 01.13.2025

Tommy Desmond

Mortgage credit availability rose in December, with the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI) increasing b...

Florida's Mortgage Market has Problems

Real Estate • 01.13.2025

Tommy Desmond

Florida ranks as one of the least affordable states to purchase a home, based on the latest data from the Mortgage Bankers Association (MBA). High...

The Mortgage Firm Resolves Redlining Allegations with DOJ Settlement

Real Estate • 01.13.2025

Tommy Desmond

The Department of Justice (DOJ) announced a settlement with The Mortgage Firm, a non-bank mortgage lender based in Altamonte Springs, Florida, as p...

First American Predicts Progress in the 2025 Housing Market

Real Estate • 01.13.2025

Tommy Desmond

First American Deputy Chief Economist Odeta Kushi has outlined five key forecasts for the 2025 housing market. These predictions focus on mortgage...

Tariffs Are Even More Powerful Than You Think

Economic • 01.13.2025

Tommy Desmond

For decades, the US maintained some of the world’s lowest tariffs and relied on the WTO to settle disputes. But with forced tech transfers, IP thef...

Existing Home Sales Surge in November

Real Estate • 01.10.2025

Tommy Desmond

Despite rising interest rates, existing home sales surged in November, marking a significant increase in activity.

According to the Nation...