The U.S. real estate market is anticipating a possible shake-up resulting from a glut in vacant commercial spaces. Following the pandemic, many have lost their jobs and fewer workers are returning to the physical office setting. A large number of businesses are also opting for remote or work-from-home (WFH) arrangements. As of September 2021, 20.3 million employees are working remotely compared...
Things Real Estate Investors Should Watch Out for in 2019
What should real estate investors watch out for in 2019? Like everything else, you’ll find all kinds of opinions from experts. After doing our research, here are the things we believe are most likely to happen this year. Millennials are Becoming Homebuyers The Great Recession’s impact on housing, combined with a growing student loan crisis, have made it difficult for millenials to purchase homes...
TWiRP – January 14, 2017
Year of the Renter With more vacancies due to renters being unwilling or even unable to pay higher amounts of money, property owners are scrambling to find ways to attract new tenants while keeping their current tenants hooked in. That’s why they’re calling this “the year of the renter.” Do you agree? 10 Hottest Housing Markets for 2017 Looking to invest in real estate...
TWiRP – January 7, 2017
Opinions On This Year’s Market Head-to-Head Some believe 2017 will mimic 2016’s slower patterns, while others aren’t so optimistic. What are your thoughts? Millennials’ Domination of the Market Expanding Once again, millennials seem to be dominating the market, but not just in rentals. The myth that millennials only want to rent is being disproved as we see them now...
TWiRP – December 31, 2016
A Growing Number of Millennials Are Entering the Housing Market Studies show that millennials (people ages 18-35) are making up an increasing share of the home buying market, particularly in suburban areas. A survey shows that 65% of the respondents are renting because of cost and financial circumstances. However, more of these millennials are starting families. Although 65% of this group is...
TWiRP – December 24th, 2016
SLO Rental Inspections Under Fire The newly elected City Council in San Luis Obispo, California, are throwing darts at the rental housing inspection ordinance, in which rental homes are subject to routine city inspections on a three-year cycle to ensure they conform to health and safety codes. The policy was created because of concerns about dilapidated rentals, particularly in neighborhoods with...
TWiRP – December 17th, 2016
Federal Reserve Hikes Rates The Federal Reserve bumped rates by 25 basis points to between 0.50% and 0.75%, and are guided toward more rate hikes in the year 2017. Real estate economists are predicting a modest increase in home sale growth, but not as much as 2016. A mixture of caution and enthusiasm are advised in taking on the new year. Read about it in detail HERE. Budget Friendly DIY...
TWiRP – October 22, 2016
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...
Housing Market Predictions for 2016
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...
TYiRP- A Recap of 2015 in the Housing Markets
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...