Trepp takes a look at the impacts of rising interest rates on REITs. While it is fairly clear that Mortgage REITs can be very sensitive to the interest rate factor, equity REITs stand differently, both in terms of borrowing costs and what interest rates do to the overall consumer spending. http://www.housingwire.com/news/2013/07/17/investors-steer-clear-reits-due-rising-interest-rates      ... read more

While we have seen some increasing inventory, it doesn't appear as though a significant amount will come from the bank owned side anytime soon. We are simply not front loading that pipeline. See the foreclosureradar figures for NOD below.   Foreclosure Filings: Nevada > Clark County... read more

We are now in the third quarter and therefore within a reporting cycle that summarizes recent trends. One such report is our Las Vegas Residential Investor IQ report, for the summer season, which examines the single family rental market. This report features: Vacancy and time on market trends Rental rates Capitalization rates Factors that influence investments such as lender owned inventory, default activity, age of inventory and seasonal patterns. Real estate investment terms and concep... read more

Recently there has been a lot of talk regarding shadow inventory, negative equity and Nevada Assembly Bill 284. AB 284 requires an affadavit of authority which states that the signatory has personal knowledge of the documents required for a proper foreclosure. This has lead to a sharp drop in notices of default, the first step in the foreclosure process. However, I don’t think that AB284 should get all of the blame. Certainly it has had a major impact but we shouldn’t look at it in isolation. Lack of inventory is a... read more