Monthly Archives: August 2022

Cheaper Beach Towns

Aug 29, 2022 |

They may not be as nice as San Diego but you don’t have to spend a million either:

Opinion: Taming inflation requires making housing affordability a national priority

Aug 29, 2022 |

Inflation slowed more than expected in July, the result of a dip in gas and energy prices. But soaring housing costs continue to weigh heavily on family budgets. Rents and home purchase prices are up – 17% and 20% respectively – from last year. It seems as if every day there is yet another news story highlighting […more]

Jury convicts San Francisco real estate investor for defrauding Quicken Loans

Aug 29, 2022 |

A San Francisco real estate investor with political ties was found guilty of bank fraud and making false statements to Quicken Loans as part of a larger federal investigation targeting public corruption in the city.  A federal jury convicted Victor Makras, president of Makras Real Estate, for inflating a debt amount of $915,000 in a […more]

Double or Nothing in This Week’s Three Things to Know

Aug 29, 2022 |

By Ryan Casey Stephens,  FPQP®Special Contributor The phrase ‘doubling down’ is a Blackjack term that means placing twice your bet on a promising hand. See More…

IMPACT Wichita Falls-Legal Considerations for the Real Estate Investor

Aug 29, 2022 |

If you’ve been a real estate investor for more than a few years, you have experienced legal issues in your business. Whether you’re new to the business of investing in real estate, or a seasoned investor, you probably have questions regarding legal issues. Want to know how to protect yourself and reduce your tax liability? Then […more]

NYSE notifies Impac about risk of getting delisted

Aug 29, 2022 |

California-based Impac Mortgage Holdings received a notice on Friday from the NYSE American LLC requiring a plan to adjust its stockholders’ equity level amid consecutive financial losses. Otherwise, the mortgage lender will be subject to delisting proceedings, according to a Securities and Exchange Commission (SEC) filing.  In the most challenging mortgage market in well over a decade, Impac stockholders’ equity reached […more]

Greek Revival With Mantels on Iconic, Colorful Stretch of Joralemon in Heights Asks $4.9 Million

Aug 29, 2022 |

The multi-colored row of 19th century houses on Joralemon Street makes for a popular Instagram view, with the brick Greek Revivals, lush greenery and Bishop’s Crook lampposts presenting a classic Brooklyn Heights shot. The pale yellow house of the group, 43 Joralemon Street, is on the market for the first… Read More > The post […more]

REI Nation Portfolio Advisors Tour Memphis-Area Property

Aug 29, 2022 |

Move over, Chris Clothier! Today, Malorie Moore and Taz Zettergren are taking over as tour guides, taking you through a recently renovated Memphis-area property. Don’t hesitate to contact one of these two portfolio advisors to learn more about single-family residences we have available for purchase—just like this one! 

The strategy behind UWM’s multibillion dollar investment

Aug 29, 2022 |

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 lender in the country. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage. “I don’t have […more]

Daffodils to be planted across NYC to honor New Yorkers lost to 9/11 and Covid

Aug 29, 2022 |

All photos courtesy of New Yorkers for Parks As a living memorial for those lost during the September 11 terrorist attacks and the Covid-19 pandemic, the open-space advocacy group New Yorkers for Parks last week launched The Daffodil Project. As New York’s largest annual volunteer program, the project distributes hundreds of thousands of daffodils to be planted […more]