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Existing Home Sales See Third Straight Month of Declines

BY  ON MAY 24, 2021

The National Association of Realtors is reporting that existing home sales were down 2.7% in April to a seasonally-adjusted annual rate of 5.851 million (up 33.9% from one year ago). Total housing inventory at the end of April was 1.16 million units, down 20.5% from one year ago. Click here to read more.

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Even More Americans Now Say Real Estate is the Best Investment

BY  ON MAY 24, 2021

Winning…..For the 8th year in a row, Gallup is reporting that more Americans prefer real estate over other long-term investment vehicles for growing wealth. Click here to read more.

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Why Finding a Tenant That Loves Your Property is Critical

BY  ON MAY 18, 2021

On a recent episode of the Rent Perfect Podcast, David Pickron says being a successful landlord is more about managing your tenants than it is about managing your property. Click here to read more.

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Regulatory Costs Add $93k to New Home Prices

BY  ON MAY 17, 2021

Just when you thought lumber prices were jacking up home prices, along comes a new study from the NAHB that says government regulations (imposed by all levels of gov’t) account for $93,870, or 23.8% of the current average sales price of a new single-family home (currently ($397,300). Click here to read more.

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Yardi Says Multifamily Market Continues to Show Strength

BY  ON MAY 13, 2021

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in April increased $10 to $1,417 - the largest increase that they have seen since the beginning of the pandemic. Click here to read more.

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Best Cities for First-Time Home Buyers

BY  ON MAY 11, 2021

What are the best cities for first-time home buyers? Realtor.com says homes across the country are selling within days (with multiple offers) pricing out buyers of all ages—especially millennials. Click here to read more.

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Another Federal Judge Rules Against the CDC’s Eviction Moratorium

BY  ON MAY 5, 2021

Another federal judge has ruled against the CDC’s nationwide eviction moratorium. According to The Hill, U.S. District Court Judge Dabney Friedrich vacated a nationwide freeze on evictions that was put in place by the federal government last year and recently extended to June 30th. Click here to read more.

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Biden Wants to Close Longtime Real-Estate Tax Loophole

BY  ON MAY 3, 2021

It is often said that elections have consequences…here’s a good example: The Wall Street Journal is reporting that tucked into President Biden’s new $1.9 trillion spending package is a provision going after 1031 exchanges. Click here to read more.

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The Five Roads to Victory in Real Estate

On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked with Joe Evangelisti about what it means to become a high performance real estate investor and the “Five Roads to Victory” that Joe teaches his clients and team members.  Joe is a second-generation builder who jumped into “fix & flips” after serving in the U.S. Navy “Seabees.”  He has amassed a real estate empire consisting of single-family homes, multi-family apartment buildings and self-storage.  He is also a high-performance coach for real estate investors and entrepreneurs and serves as the Visionary and CEO to three separate 7 and 8 figure companies.

Brian Hamrick

Click here to listen at RPOAonline.org.

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Top 10 Affordable Small Towns in America

We all love top 10 lists and they often spell out places we wished we would have invested in before they made the list! Realtor.com, citing recent survey data, says nearly half of U.S. adults would prefer to live in a small town or rural area.  They point out that the “idyllic appeal of small-town life” has taken on a whole new dimension during the coronavirus pandemic.  To that end, their number-crunchers took a look at metros with a population <50k and then factored in affordability metrics such as median home price, year-over-year price change, ownership costs (as a percentage of income), employment data and, of course crime.

“We’ve seen home shoppers prefer larger homes with more outdoor space as a result of the pandemic, and home-shopping interest has [especially]increased in areas that offer outdoor activities such as beaches or skiing,” says Danielle Hale, chief economist for realtor.com.

Here are Realtor.com’s Top Small Towns in the USA:

  1. New Ulm, MN
  2. Lexington, NE
  3. Houghton, MI
  4. Spencer, IA
  5. Wahpeton, ND
  6. Wapakoneta, OH
  7. Los Alamos, NM
  8. Lincoln, IL
  9. Maryville, MO
  10. Seneca Falls, NY

top 10 small towns in the USA

Click here to read the full story at Realtor.com.

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