Category: Income Producing Real Estate
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Sarasota and Manatee County Inventory Continues to Rise…….
‘The Sarasota/Manatee County markets continue to trend to a “healthier” inventory levels. June date from the REALTOR® Association of Sarasota and Manatee (RASM) shows that closed sales have again decreased overall. Rising mortgage rates combined with high prices has resulted…
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June Rental Report: Despite Record-Breaking Rent, Renting a Home is Still More Affordable in Most Major Metros
The trend toward rent favorability is sharply pronounced when we compare the rent vs buy decision this month to June of last year. The average cost to buy a starter home across the 50 largest US metros was $2,437 per…
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“Without struggle, there is no process” ~ Frederick Douglass
‘One unintended consequence of a slowing housing market: sky-high rents. With more potential home-buyers backing out of deals, the rental market is flooded with new applicants, driving rental prices to record highs. ‘
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Thank you for the overwhelming and awesome Birthday wishes!
I hope you’re not frightened by how much you love me!!
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“I would like to die on Mars. Just not on Impact. ” -Elon Musk
Information from Titan – Click here to find this summary and more information. Citi beats profit estimates: The bank posted its second-quarter results on Friday, exceeding profit and revenue expectations. Citi distanced itself from its peers as the only bank of…
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Relentless statewide homebuilding boom shows little signs of relenting
That’s a key takeaway from a new study that found even amid the COVID-19 hangover of sluggish supply chains and personnel shortages, Florida remains among the most robust homebuilding states nationwide. MSAs across the west coast of Florida are among…
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“Knowledge speaks, but wisdom listens.”- Jimi Hendrix. Apartment List National Rent Report
With a 1.3 percent increase in May, rent growth is continuing to pace ahead of pre-pandemic trends, even as it cools substantially from last summer’s peak. While the apartment market has shown some signs of easing, our 5 percent vacancy…
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The power of the US Dollar
The flood of capital into the U.S. for the safe-haven currency and to take advantage of rising interest rates could tame inflation as a stronger dollar makes for lower import prices. However, the dollar’s rise is a double-edged sword as…
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“It’s amazing that the amount of news that happens in the world every day always just exactly fits the newspaper”- Jerry Seinfeld
The once-unstoppable housing market is finally showing some cracks as it weathers high inflation and a rising rate environment. In our eyes, until the labor and housing market cool significantly, the Fed will continue its tightening monetary policy.
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Multifamily Rent Growth Across the Country Cools in Q2
According to a new report from CoStar Group, the national year over year rent growth was 9.2% in the second quarter of 2022, down from 11.4% in the first quarter
The Commercial Real Estate Alpha Site 