In a recent episode of the AZREIA Show, Marcus Maloney and Michael Del Prete discuss architectural design and the growing popularity of additional dwelling units (ADUs) in Phoenix. They also explore how ADUs can boost cash flow for investors. The conversation emphasizes the importance of architectural design and the impact of renowned architects on real […]
Examining the Role of Architects in Real Estate Investments Read More »
A recent report from Redfin reveals that investor home purchases in Q2 2023 experienced a significant decline of 45% compared to the previous year, marking the largest drop since 2008. This decline in investor purchases surpassed the overall decline in home sales, which stood at 31%. The report also highlights that investor market share has
According to a graphic from Statista, Hawaii has the highest density of Airbnb rentals out of all U.S. cities and regions analyzed by InsideAirbnb in June 2023. With 32,597 Airbnb listings for an estimated 1.4 million inhabitants, it surpasses other cities in terms of Airbnb density. You can view the graphic here. Stay safe and
Top American Cities with the Highest Airbnb Concentrations Read More »
rewrite the content without plagiarism for 1500 words The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 0% annual change for June, 2023. Their 10-City Composite decreased 0.5% and their 20-City Composite decreased 1.2%, year-over-year. However, all 20 major metro markets reported month-over-month price increases for the fourth straight month “As
Is a huge housing correction coming? Are we in a housing bubble? Or have housing prices bottomed out? What is happening in the Boston real estate market? I answer all of these greater Boston real estate questions and talk about where we stand we the number of homes for sale and the current housing inventory
How the EXPERTS got it all WRONG. Boston, MA Real Estate Update. Read More »
The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased in 46 states (and D.C) in Q4 of 2022. The percent change in real GDP ranged from 7% in Texas to –4.3 percent in South Dakota. Click here to read the full report at the Bureau of Economic Analysis.
This is certainly something to make you go hmmmm. Today’s infographic from the Virtual Capitalist illustrates how America owes foreign investors of its national debt $7.3 trillion – all in the form of Treasury securities. Interestingly, they point out that central banks often use them for foreign exchange reserves and private investors flock to them
According to recent analysis from the NAHB’s Eye on Housing, state and local tax data from the U.S. Census show that $286 billion in taxes were paid by property owners in Q4 of 2022. In fact, state and local governments collected $714 billion in property taxes in 2022, $46 billion more than 2021. The Eye
Nationwide Property Tax Revenues See Largest Increase Since 2009 Read More »
According to the latest CoreLogic Loan Performance Insights Report, in January 2023, 2.8% of mortgages were delinquent by at least 30 days or more including those in foreclosure. This figure represents a 0.5-percentage point decrease in the overall delinquency rate compared with January 2022. CoreLogic says measuring early-stage delinquency rates is important for analyzing the
US Mortgage Delinquencies Fall for 22nd Straight Month Read More »
Knowing your customers is vitally important in today’s housing market. Especially as aging baby boomers downsize and relocate it’s important to know as much as you can about this demographic. Today’s interactive infographic from the U.S. Census bureau offers a wide range of statistics about America’s over 65 population. Interestingly, the pull down menu offers
America’s Population that’s 65 Years and Older Read More »