Advertiser Disclosure

advertising disclaimer
Skip to main content
5 o clock.jpg

5 at 5: Your Daily Digest for Real Estate Investing, 06/12/20

Jun 12, 2020 by Marc Rapport

In today's news

Assurant Report Not So Assuring

Thirty-eight percent of renters in this survey commissioned by lifestyle and housing solutions provider Assurant (NYSE: AIZ) said they'll need help making their rent in the next 90 days. Two-thirds of them who were planning to buy a home say they won't until the pandemic fades.

An Eviction Crisis Could Be Looming

Renters need income to be tenants. A virus-ridden economy is making that impossible for millions, and as moratoriums end, evictions are mounting. This Axios piece explores the issue from multiple perspectives.

Fannie Mae and Freddie Mac Extend Housing Market Lifelines

Alternative appraisals and employment verifications, online closing processes, and the authority to buy mortgages in forbearance were all extended until at least July 31. Meanwhile, Fannie Mae's latest Mortgage Lender Sentiment Survey offers mixed signals on the company itself and prospects of profits for major lenders.

Now on Millionacres:

Home Flipping Hits 14-Year High

ATTOM Data Solutions says flips accounted for 7.5% of all home sales in the first quarter of 2020 and shares some clues with investors on which markets might be best to explore.

Converting a Hotel Into a Multifamily Asset

A look at buying and converting distressed hotels into multifamily housing, including pros and cons, and Millionacres writer Brad Cartier's take on whether real estate investors should try to get in on the action.

Get the 'Dirt on the real estate market

Are you looking for the next hot real estate market? Want to know how new rules and regulations could impact your next home purchase or real estate investment? Would you like to find out which improvements to your property will get you the most bang for your buck? We cover all these things and more in our newsletter, Paydirt.

Sign up here to get our best insights delivered to you.

Marc Rapport has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Popular Articles On Millionacres