Real Estate Investor Weekly #2 - March 14, 2022
The best content this week for real estate investors from around the web.
When Wall Street is Your Landlord
Read about challenges with larger “Wall Street” landlords from The Atlantic. Is this encouraging for the mom and pop landlords?
Timing the Real Estate Market
Another article from The Atlantic: Is Now a Good Time to Buy a House.
Tammy points out this quote from the article:
Herbert recommended a different way of thinking about the timing of buying a house, one that I found much more comforting. “You ought to be making this as a housing decision and not an investment decision,” he said. If you’re buying a house, he advised, it should be because you want to live in it for at least five years, and ideally many more—which also will mean that even if prices fluctuate, you have a better chance of your investment appreciating over time. “The longer you stay in the house, the [less] your timing in this particular house-price cycle [will] matter,” he said.
Market Stats from NAR
The Weekly Real Estate Monitor for February 28-March 3 from the National Association of Realtors has some up-to-date market stats for both residential and commercial markets.
This PDF report has MANY charts and a lot of data, but here’s one that I found interesting:
Race and Home Buying
Here’s another new PDF report from NAR with the latest Snapshot of Reace and Home Buying in America.
How to Buy a Rental Property Class
Self Promotion Warning
Check out the latest 2-hour class on how to buy a rental property that I taught last Monday evening.
Housing Wealth Gains for the Rising Middle-Class Markets
Another new report from NAR about housing wealth.
The Impact of Russia-Ukraine Tensions on the U.S. Housing Market
An article from NAR about how the Russia-Ukraine conflict is impacting the US housing market.
Number of Mortgage Applications
A sign of relative real estate market strength.
Rising Mortgage Interest Rates
Rates dipped a little at the start of the Russia-Ukraine conflict, but were back up.
Equity Withdrawn via Cash-Out Refis
Continues to rise significantly.
Rent Control in Denver
Article by the Denver Post: Can Colorado keep mobile homes affordable?