Washington State and City governments continue to make it harder and harder to be a landlord. A new city ordinance was introduced that requires landlords to give renters a minimum of 180 days notice when increasing rent, even if only Read more…
Category: Real Estate
CoreLogic’s Market Risk Indicator is a monthly update of overall health of housing markets across the country. They predict that there is above a 70% probability of a price decline in Spokane, West Palm Beach, Tampa, Atlanta, and Deltona-Daytona-Ormond Beach Read more…
On average, across the country, it costs 25% more to own than rent, in terms of monthly payments. Still, there are a handful of cities in which is it cheaper to own than rent. Those cities are Detroit, Philadelphia, Cleveland Read more…
According to Fannie Mae’s Economic Developments, there will be a mild recession in 2024 followed by a recovery in 2025. GDP surged to 4.9 percent annualized growth in the third quarter of 2023. However, they believe this is based on Read more…
At the top of this site I have links to some of my favorite websites for predicting where values are heading for various real estate markets. Local Market Monitor and Ken Wade’s Housing Alerts are two of my favorites. Both Read more…
Redfin has made several real estate predictions for 2024. They start by predicting that home prices will fall 1% year over year in the second and third quarters. Home prices will fall as supply increases. This compares closely to the Read more…
Considering all the TV shows about flippers who extensively remodel homes, one would be forgiven for assuming that it usually pays off to extensively remodel the home they are living in, that you will get your money out when you Read more…
While apartment supply growth is exceeding demand in most markets, due to new supply finally coming online after construction delays during the pandemic. More than 107,400 new units were completed nationwide, approximately. There are a few markets where demand exceeds Read more…
I previously wrote an article warning investors not to rely on Airbnb projected income numbers when evaluating potential income properties for purchase. Now, Reventure Consulting reports that numerous owners of Airbnb properties are preparing to sell their properties due to Read more…
According to a report by Global Property Guide, after experiencing significant growth for several years, there is a noticeable decline in global housing markets. This is not unexpected, given the combined negative impacts of reduced purchasing power caused by high Read more…
Everyone is aware that limited liability companies (LLCs) can provide liability protection by insulating personal assets from claims by tenants for actual or perceived wrongs by a landlord. While insurance can often provide all the protection that is needed, LLCs Read more…
Are you a real estate investor looking for the best markets to invest in? Tired of trying to guess which cities will provide the most attractive returns on your hard-earned money? As a real estate investor, there are a lot Read more…
The following is a summary of his talk (from a couple of years ago) and methodology. Utah has incredible opportunities. It is in the right place at the right time. The next 10-15 years in Utah will be spectacular. (I Read more…
We have seen a transformation in the real estate industry in recent years, with technology playing no small part. While drastically improving the industry, it’s also creating a certain amount of uncertainty. But one thing is for certain: technology is Read more…
Ingo Winzer of Local Market Monitor has performed real estate analysis for more than 20 years and his predictions are, in my experience, better than those of financial media. In 2005, he warned that many housing markets were dangerously over-priced. Read more…