Lead-Lag Report; U.S. Tends to Be Better Value than Canada
Lead-Lag Report; U.S. Tends to Be Better Value than Canada A recent episode of the Lead-Lag Report podcast featured Stephen Punwasi who discussed housing issues primary in Canada, but as the short 4-minute clip just below points out “…overall the US tends to be better value…” Indeed… The block below contains the entire […]
Two-Thirds of Millennials & Gen Z Who Moved Back Home Are Still There
Two-Thirds of Millennials & Gen Z Who Moved Back Home Are Still There A recent report from LendingTree says 32% of young adults moved back home during the pandemic – two-thirds of which are still there. Slightly more than half (51%) of those who moved home said it was out of necessity. Indeed… “The pandemic […]
San Francisco Parking Spot Listed for $90k
San Francisco Parking Spot Listed for k Anyone who has ever driven in San Francisco can share how hard it is to park a car. Now comes a report from the Bay Area’s KNTV about how a single covered parking spot is currently listed for $ 90,000. Interestingly, the exclusive parking spot is located in […]
Moving the Market
Moving the Market Following breaking news in both crypto and real estate, plus understanding the events behind the latest market moves can be confusing and time-consuming. In our weekly update, we will give you an overview on the hottest topics currently influencing the macro, real estate industry, and more… Now, let’s dive in. Inflation report […]
Rising Inflation Causing Hardship for Majority of Households
Rising Inflation Causing Hardship for Majority of Households We saw in the news this past week that inflation continues to rear its ugly head. Today’s graphic from Statista illustrates how inflation is causing hardship for the majority of U.S. households. Stay safe, watch your wallet and have a Happy Friday!!! “As inflation remains at the […]
U.S. Foreclosure Starts Reach Pre-Pandemic Levels
U.S. Foreclosure Starts Reach Pre-Pandemic Levels According to ATTOM Data’s August 2022 U.S. Foreclosure Market Report, there were a total of 34,501 U.S. properties with foreclosure filings. This figure is up 14% from one month ago and 118% from the same time period a year ago. In addition, lenders started the foreclosure process on 23,952 […]
Trusting Your Trustee
Trusting Your Trustee Trusting Your Trustee By Jeffrey S. Watson Many real estate investors consistently use what I call a “grantor revocable title holding trust”, which is a more accurate term than “land trust”, to take and hold title to a piece of real estate they buy for investment purposes. Such trusts can be used whether […]
Local Market Monitor’s National Economic Outlook for September ’22
Local Market Monitor’s National Economic Outlook for September ’22 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer September, 2022 Home prices in the second quarter were on average […]
Yardi Says Multifamily Rent Growth Slows, But Still Strong
Yardi Says Multifamily Rent Growth Slows, But Still Strong According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents dropped $ 1 to $ 1,718 in August, marking the first month-over month decline since June 2020. Yardi says multifamily rents finally hit a wall in August, presaging a deceleration that may extend […]
HUD Releases 2023 Fair Market Rents
HUD Releases 2023 Fair Market Rents The U.S. Department of Housing and Urban Development announced their new FY 2023 Fair Market Rates (FMR’s) which are used to determine payment standards for many housing assistance programs, including Housing Choice Vouchers (HCV) and Project-Based Section 8 programs. Published annually, the FMR’s are an estimate of the amount […]