Dee's Real Estate Blog http://buygeg.com/ What I've Learned in 20+ Years of Real Estate Investing Wed, 10 Apr 2024 23:29:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 http://buygeg.com/wp-content/uploads/2020/06/cropped-97-32x32.png Dee's Real Estate Blog http://buygeg.com/ 32 32 Spokane Landlords May Be Required To Give 6 Month Notice If They Want To Increase Rent http://buygeg.com/spokane-landlords-may-be-required-to-give-6-month-notice-if-they-want-to-increase-rent/?utm_source=rss&utm_medium=rss&utm_campaign=spokane-landlords-may-be-required-to-give-6-month-notice-if-they-want-to-increase-rent http://buygeg.com/spokane-landlords-may-be-required-to-give-6-month-notice-if-they-want-to-increase-rent/#respond Wed, 10 Apr 2024 23:29:07 +0000 http://buygeg.com/?p=1411 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…

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Spokane at Top of List of Markets at Risk of Home Price Declines http://buygeg.com/spokane-at-top-of-list-of-markets-at-risk-of-home-price-declines/?utm_source=rss&utm_medium=rss&utm_campaign=spokane-at-top-of-list-of-markets-at-risk-of-home-price-declines Tue, 05 Mar 2024 05:02:23 +0000 http://buygeg.com/?p=1408 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…

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Cities Where it is Cheaper to Own than Rent http://buygeg.com/cities-where-it-is-cheaper-to-own-than-rent/?utm_source=rss&utm_medium=rss&utm_campaign=cities-where-it-is-cheaper-to-own-than-rent Tue, 26 Dec 2023 20:09:18 +0000 http://buygeg.com/?p=1401 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…

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Fannie Mae Predicting Recession in 2024 http://buygeg.com/fannie-mae-predicting-recession-in-2024/?utm_source=rss&utm_medium=rss&utm_campaign=fannie-mae-predicting-recession-in-2024 Tue, 19 Dec 2023 02:21:32 +0000 http://buygeg.com/?p=1398 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…

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Spokane and Coeur d’Alene on Wade’s list of Declining Markets http://buygeg.com/spokane-and-coeur-dalene-on-wades-list-of-declining-markets/?utm_source=rss&utm_medium=rss&utm_campaign=spokane-and-coeur-dalene-on-wades-list-of-declining-markets Sun, 17 Dec 2023 20:16:06 +0000 http://buygeg.com/?p=1395 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…

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Redfin’s Predictions for 2024 http://buygeg.com/redfins-predictions-for-2024/?utm_source=rss&utm_medium=rss&utm_campaign=redfins-predictions-for-2024 Wed, 06 Dec 2023 02:11:05 +0000 http://buygeg.com/?p=1392 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…

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Home Improvements That More Than Pay For Themselves (spoiler: there aren’t many) http://buygeg.com/home-improvements-that-more-than-pay-for-themselves-spoiler-there-arent-many/?utm_source=rss&utm_medium=rss&utm_campaign=home-improvements-that-more-than-pay-for-themselves-spoiler-there-arent-many Sun, 13 Aug 2023 18:07:42 +0000 http://buygeg.com/?p=1388 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…

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Apartment Demand Outstripping Supply In These 14/50 Markets http://buygeg.com/apartment-demand-outstripping-supply-in-these-14-50-markets/?utm_source=rss&utm_medium=rss&utm_campaign=apartment-demand-outstripping-supply-in-these-14-50-markets Thu, 10 Aug 2023 20:56:49 +0000 http://buygeg.com/?p=1384 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…

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AirBnb Income Down Significantly in Coeur d’Alene, Kalispell, and other places http://buygeg.com/airbnb-owners-will-be-forced-to-sell-in-coeur-dalene-kalispell-and-other-places/?utm_source=rss&utm_medium=rss&utm_campaign=airbnb-owners-will-be-forced-to-sell-in-coeur-dalene-kalispell-and-other-places Sat, 24 Jun 2023 18:10:05 +0000 http://buygeg.com/?p=1376 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…

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It Isn’t Just the Western US–Property Values are Declining Around the World http://buygeg.com/it-isnt-just-the-western-us-property-values-are-declining-around-the-world/?utm_source=rss&utm_medium=rss&utm_campaign=it-isnt-just-the-western-us-property-values-are-declining-around-the-world Thu, 15 Jun 2023 16:15:08 +0000 http://buygeg.com/?p=1369 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…

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