We read this article on good general advice from Brian Kline about investing in real estate when you are young. What we liked? Your first buy should be your own home to live in. Makes complete sense; owner occupied financing will...
Property Management Blog
Real Estate #1 Investment Choice Of Americans
Bankrate.com did a survey asking Americans which types of investments they preferred. Here's a graphic that sums up the results:
Cranes are everywhere you look in major cities. Apartments are going up everywhere. Burns Real Estate Consulting recently shared this: "Construction in 24/27 major cities is at 24 year highs." So you would not be crazy to assume that multifamily apartments are being added faster than any other category. But you...
Surprise! Single Family Rental Homes Growing Faster Than Multi-Family
Home Ownership Rates at Historic Lows: Some Guesses Why
Home ownership rates are at levels not seen since 1967. And they are expected to move even lower in the next 10 years. But why? Interest rates are at historic lows right now. There are far more loan products for people to use than 48 years ago. Here's one guess: In 1967, a new home cost you $14,250. The average household income in ...
More Renters, Higher Rents Predicted in Next 15 Years
It looks like 2000 might be the peak for home ownership in our lifetimes. In 2000, 66.3% of Americans owned their own home. Its done nothing but drop since then, with no change in sight. The Urban Institute predicts that the ownership levels in 2030will be at about 61%. Each 1 percent drop represents 1 million people ...
Where Are Rents and Home Prices Headed in Phoenix the Next 4 Years?
According to John Burns Real Estate Consulting, you can sum Phoenix rents and real estate prices over the next 4 years in a word: UP. We'll make it easy and outline Phoenix in red and point some arrows at it: What does this mean? Burns believes single family rents in Phoenix will be up 9% in the next 4 years. (by ...