This was a quiet week on the surface, but there's a real disconnect between what the Fed is saying and what the market is pricing. The Minutes Are More Hawkish Than the Headlines The Fed raised the Federal Funds Rate by 25 basis points in September, and the minutes showed "most participants" felt...
Are High Interest Rates Actually Killing Real Estate Deals? Not necessarily. Higher interest rates change the numbers—but they don’t automatically kill the deal. Successful real estate investors are adapting by looking more closely at the entire deal structure: 🔹 Leverage: Use the right amount of...
✏️Spent this morning running a pencil sheet on every active duplex in Oxnard zips 93030 and 93033 (5 listings, $750K-$929K). Terms: 25% down, 7.25%, 30-yr, taxes at 1.25% of list price. NOI uses ~5% vacancy, plus insurance, maintenance and reserves. Result: none clear 1.0x DSCR on in-place rents....
Two things happened last week that most people read separately. Put together, they make a pretty clear case against waiting for the market to get cheaper. The Hike Might Not Be a One and Done The Fed raised 25 basis points on September 16. What changed last week is that officials started telling ...
Hi all, Rob here, an agent in Louisville. Continuing my monthly Louisville numbers. In September, fewer houses went under contract in Jefferson County than in December. December. The week of Christmas. The month "nobody buys a house." 530 single-family homes went pending in September. August was ...