Higher rates don’t mean the death of housing Concerns about the impact of what’s expected to be higher Federal Reserve interest rates on the property market are overblown, Jonathan Gray, global head of real estate at Blackstone, told CNBC on Tuesday. “We’re later in the cycle, but some people are getting a bit too negative,” said Gray, who manages $103 billion of...
How Grandma can help the housing crunch If your community’s zoning keeps people from carving little apartments out of existing homes, it doesn’t just add to some abstract housing shortage. It also oppresses Grandma — and lots of other would-be renters. Accessory apartments aren’t some fad that arose last week at a new-urbanism conference. They’re part of a long tradition of modest apartments and...
Future-Proofing Your Property with Technology The concept know as “future-proofing” is getting a lot of attention from property manager’s throughout the United States. For those who are unfamiliar with the concept of future-proofing, its I hope this article will help explain it further. If you enjoy or strive to create an ambient environment for future tenants I would strongly...
Millennials Will Be Renting Much Longer After the release of an analysis of homeownership by John Burns, a real estate consultant, Millennials will be renting for a much longer time than previous generations due to job mobility, high mortgage rates, and low liquidity. This is relevant to the modern day landlord and property manager for the fact that the numbers are in their favor, and will...
Reading opinion articles about the future of the housing market is always interesting. On the one hand, some people argue that home prices will peak in 2016, so investors should be wary. Meanwhile others claim that the market won’t reverse itself quite yet, and will continue to grow until at least 2019. So who’s right? What can we expect in the next 12 months? Well even though some things are...
If you invest in real estate- whether it’s as a landlord or just the home you live in- 2015 was a good year. Here are a few highlights of what we saw these last 12 months. Interest Rates Will Finally Start Going Back Up Interest rates were frozen at rock-bottom numbers for almost a decade. The Fed finally announced this month (December) that the rates are going up from 0.0-0.25 percent to 0.25-0...
Most experts agree- the U.S. housing market still has tons of opportunities for home buyers… but those opportunities won’t last forever. Especially with the rate increase announced by the Fed this week, it makes more sense to buy now rather than continue renting and miss out on more growth. TWiRP The Housing Market Hasn’t Peaked Yet Despite what your uncle may have told you, the...
This week in rental property, mortgage rates slipped for the third straight week. While the Fed is signalling to raise interest rates later this month, the Wall Street Journal gave a talk on how the U.S. housing fundamentals will withstand the interest increase. The New York Times analyzed the trend in Chinese investments on U.S. housing market. Many economists have predicted the housing market...
This week in rental property, average 30-year fixed mortgage rate inched back to 3.95% from 3.97% a week earlier. Many analysts are expecting the era of under 4 percent mortgage rate to end soon. Rising home and rental prices are showing no sign of slowing down and pulling back sales of existing homes in October. UBS announced 12 most attractive housing markets around the globe. Lastly, Google is...
We’ve recently pushed out a series of updates around balances within the RentPost system. These updates have included a lot of core changes that enable us to provide faster load times and increased accuracy of balances across the various pages and portals. Over the next few months you’ll start to see more balance related terminology used within RentPost. Already visible on your...