Large Southern Cities Lead Nation in Growth

BY  ON MAY 30, 2023

As we have seen from recent home sales and migration data, people are “heading South.” The U.S. Census Bureau is reporting that nine of the America’s 15 fastest-growing cities were in the South. Click here to read more.

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Redfin Says Landlords Facing Rising Vacancies and Lower Rent Growth

BY  ON MAY 25, 2023

A new report from Redfin says an increase of new rentals hitting the market coincided with a slowdown in tenant demand. They say even though rent growth remains positive, for the past 11 months it has been gradually cooling.  Click here to read more. 

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Stop Asking for a Mentor

BY  ON MAY 25, 2023

Daniel Hart says mentors are a critical part of any business, and even throughout life in general.  Other people hold invaluable wisdom that helps us grow, not just as a business, but as a human being.  One of the first questions he sees new real estate investors ask, often before they’ve even read a single book about investing, is “Where can I find a mentor?” or “Will you be my mentor?” Mentors are a critical part of real estate investing, and any business for that matter, but please, I beg you, stop asking for them.  Click here to read more.

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Seller Finance Bill Introduced in Congress

BY  ON MAY 24, 2023

In mid-May Congressmen Andy Barr (R-KY) and Vicente Gonzalez (D-TX) introduced the Affordable Homeownership Access Act. The bill seeks to provide working families with another access point to the home buying process by providing relief to individuals and small businesses so that they can sell their homes directly to a buyer without the fees associated with being a mortgage originator.  Click here to read more. 

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Airbnb Goes Back to the Future – Introduces “Rooms”

BY  ON MAY 24, 2023

A new program from Airbnb called Rooms goes “back to the future.” The platform says their new offering is an all-new take on the original Airbnb.  Click here to read more. 

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The Best States for Retirement

BY  ON MAY 19, 2023

Infographic: Citing data from WalletHub, the Visual Capitalist visualizes in a fancy bar chart the best states for people to retire in. The rankings are based on 47 different metrics across three dimensions. Click here to read more.

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Los Angeles’ Mansion Tax a Complete Flop After One Month

BY  ON MAY 18, 2023

After one month in effect, a tax on high-end properties in Los Angeles appears to be dud. Breitbart news is reporting that Measure ULA has brought sales of luxury homes to a halt while raising little money for affordable housing. Click here to read more.

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21% of Americans Currently Use Self Storage

BY  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.

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Real Estate News Brief; Hints at a Pause, Mortgage Rate Averages, ChatGPT Home Search

BY  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.

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Yardi Says Apartment Demand Remains Stable Despite Slowing Economy

BY  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.

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