NEW! BP Podcast 019: Starting Out Tips, Short Sales, and Working with Virtual Assistants w/ Tracy Royce

Hide this

BiggerPockets Headlines

A selection of the best real estate news and content, updated throughout the day

Share 1 Amateur investors tap 401(k)s to buy homes
from cnn.com — In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.

Share Roughly 40% of existing homes sold in the US are sold in the South

— April home sales data show that about 40 percent of all existing homes in the US are sold in the South.  At the current seasonally adjusted sales rate, that’s more than 2 million a year. For decades, the South has had the largest number of housing units and owner-occupied housing units.  As the South’s share [...]

Share Fannie Mae: Economy Will 'Reaccelerate' in 2nd Half of 2013

— Fiscal drags such as the sequester may have weakened economic momentum, but the economy should "reaccelerate" in the second half of this year as financial and housing conditions improve, according to Fannie Mae's Economic and Strategic Research Group. In its most recent economic outlook, the group revealed expectations for the economy to continue the modest recovery and grow 2.2 percent this year, up from 1.7 percent in 2012 and 2 percent in 2011.

Other News