Real Estate News is Important to Stay-Up-to-Date On!

When first approaching the real estate industry it’s hard to believe that an investor would need to pay so much attention to real estate trends and the current news. In fact, the real estate market which seems so stable fluctuates dramatically in response to real world economic factors and even the current technology and laws.

House Flipping and the New FHA Seasoning Regulations

The US Department of Housing and Urban Development (HUD) noticed that there were quite a few homes going into foreclosure in past years. A lot of these homes were owned by first time low income homeowners. Most of these homeowners obtained government backed loans such as from the FHA, VA or Fannie Mae. These are all loans that are protected by Principal Mortgage Insurance (PMI) that is provided by HUD.

Real Estate – Rising Foreclosure Rates are a Great Opportunity

Foreclosure rates are skyrocketing, and this is merely the first wave of a credit crisis that’s been looming for the past three years.