Category: multifamily
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Happy Bitcoin Billionaire Pizza Day!!
News via Snacks (Robinhood) – Click Here for full article and others. ‘The question today would be along the lines of how many hundreds of thousands extra would it be for pineapple or pepperoni?’ Tomorrow is an unofficial crypto holiday…
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Builder: Sarasota city rules make attainable housing concept a ‘losing proposition’
(According to the real estate website Redfin, the median sale price in the Sarasota housing market is $529,900, up 10.4% from a year ago.) simplydwell-homes-built-7-houses-on-a-sarasota-property-across-from-booker-high-school-that-had-fallen-into-disrepair.-photo-by-lori-sax The Neal Communities-associated builder says Sarasota made it so difficult to build a small, low-priced community that it’s hesitant…
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Mortgage Meters Tick Up
After a brief stretch of relief, 30-year mortgage rates rose to 6.81% this week—reversing a multi-week decline as investors recalibrated expectations for Fed policy. Though still below last year’s peak, the uptick comes at a time when affordability is already…
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Commercial Real Estate Marketing
I’ve recently been looking into a different type of real estate marketing for Commercial Real Estate, especially income producing assets. My thoughts are along these lines; In residential amped up videos you get great camerawork in a lot of cases…
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Cooling Off, For Now
The latest CPI report shows that U.S. inflation slowed to 2.3% in April—its lowest annual pace since early 2021. The drop comes even as President Trump’s new round of tariffs on Chinese goods begins to filter into the economy.…
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I love data and this is some helpful data.
I pulled this information from CREXI a little earlier as I’m chasing a phone conversation with a current client who wants to achieve a higher value but is having difficulty supporting that desired value. ASKING CAP RATE Multifamily 7.11% DAYS…
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Tenants and Landlords can be unique characters!
Enjoy the SNL skit
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Month to Month Mortgage Malaise
As of this weekend, the average 30-year fixed mortgage rate remains around 6.70%, underscoring the Fed’s continued hawkish bias and the stickiness of core inflation. Although job growth remains healthy, policymakers appear unwilling to cut until wage growth and services…
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Forgiveness Fatigue
The Trump administration has unveiled sweeping changes to federal student loan forgiveness programs, including the elimination of the SAVE income-driven plan and narrower eligibility for Public Service Loan Forgiveness. The reforms disproportionately impact medical and dental trainees and reintroduce aggressive…
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Defeating conspiracy theorists and providing some value and knowledge on 1031 exchanges
Can I sell my baseball card collection and roll it into a Flex space warehouse? Like-Kind Exchange Under section 1031 of the Internal Revenue Code, the owner of real property can sell that property and then reinvest the proceeds in…
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