Buy vs Rent in 2023 Redfin's latest report found that in only 4 major US metros , is it better to buy than rent. Those cities were Houston, Detroit, Philadelphia and Cleveland. The rest? Better to rent. Yes, mortgage rates have climbed and housing supply has cratered, especially in the single family market pushing house…
Housing Market California Hoping to buy a house, townhome or condo in California in 2023? While expectations may run higher, it appears prices and mortgage costs will be higher according to the latest sales report from CAR. The National Association of Realtors in it's new release on the state of the California housing market shows…
Apartment Rental Occupancy Rates Multifamily investors, landlords and property managers must manage well to avoid vacant units. The hit to profitability is high when churn or longer term vacancy due to legal issues, or construction rehab projects. For property pros time is money, yet occupancy rates which they're focused on, show how a property is…
USA Rent Prices It's been quite a ride for the rental property sectors for two years now. The pandemic, housing supply crisis and Federal stimulus spend converged to balloon rent prices and as that era passes, rents are coming back down to earth. It's obvious with this slowdown that with rising costs and falling revenues,…
Best Cities in California to Buy Rental Investment Property? Looking for an investment condo or house to rent in the Golden State? A lot of people still are. The California housing market is coming back slowly. Home prices are rising and rents are still on the rise in some cities. Interest in investing in revenue…
Will Rent Prices Go Down in 2023? Renters are wondering whether rent prices will fall or rise in 2023. So far, this fall season, according to 3 major sources (Realtor, Zumper, Redfin) rent growth is decelerating. Here, we look into whether that decline can continue. However, there are a number of factors that make the…
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