21% of Americans Currently Use Self Storage
BY BRAD BECKETT ON MAY 17, 2023
Storage.com says the storage industry has been trending for a while has momentum. In fact, their data say 21% of Americans use self storage in one form or another. In addition, there are plans to add close to 53 million more square feet of storage space in 2023. Click here to read more.
Read moreReal Estate News Brief; Hints at a Pause, Mortgage Rate Averages, ChatGPT Home Search
BY BRAD BECKETT ON MAY 16, 2023
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses why economists are expecting a rate hike pause, where homeowners are paying the most and the least for their mortgages, and new home search help from a chatbot! Click here to read more.
Read moreYardi Says Apartment Demand Remains Stable Despite Slowing Economy
BY BRAD BECKETT ON MAY 15, 2023
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,709 in April. Click here to read more.
Read moreBest Places to Buy a Beach House in America
BY BRAD BECKETT ON MAY 4, 2023
Vacation rental site Vacasa recently released their annual ranking of the top waterfront destinations by cap rate. Click here to read more.
Read moreBuilding Material Prices are Climbing
BY BRAD BECKETT ON MAY 3, 2023
The NAHB’s Eye On Housing says data from the latest Producer Price Index shows the prices of inputs related to residential construction (building materials) rose 0.3% in March, marking the 3rd straight month of increases. Click here to read more.
Read moreNew Biden Admin Rule Will Hike Payments for Good-Credit Buyers to Subsidize High-Risk Mortgages
BY BRAD BECKETT ON MAY 3, 2023
A new federal rule that took effect on May 1st from the Biden Administration says homebuyers with good credit scores will soon be paying higher mortgage rates & fees to subsidize people with riskier credit ratings who are also in the market to a buy home. Click here to read more.
Read moreYour Guide to the Renter’s Bill of Rights – Part 5
BY BRAD BECKETT ON APRIL 25, 2023
Recently, the Biden Administration released its Blueprint for a “Renters Bill of Rights.” As part of a 5-part series on the Rent Perfect Podcast, David Pickron and his General Counsel Denny Dobbins discuss how this blueprint can and will affect landlords today and in the future. Click here to read more.
Read moreBoomers Overtake Millennials as the Largest Generation of Homebuyers
Baby boomers have now surpassed millennials and to make up the largest generation of home buyers, according to data from the National Association of Realtors. Click here to read more.
Airbnb Hosts Generated over $2 Billion in Tax Revenue in 2022
Airbnb says they’re the largest collector and remitter of tourism taxes by short-term rental platforms in the world. According to a company release, Airbnb says it has collected and remitted more than $1.9 billion in tourism taxes across all 50 states in the US (including D.C. and Puerto Rico). Click here to read more.
The Federal Government Wants to Micromanage the Nation’s Housing
BY BRAD BECKETT ON APRIL 27, 2023
A recent and quite prescient essay by Ethan Blevins with the Pacific Legal Foundation says the federal government wants to micromanage the nation’s housing. Click here to read more.
