Why I see all the inventory in my Market

Monday, April 04

People often ask me this question. "Brian, why do you see every multi family even when you know the price is wrong, or the properties have bad topography and you don't recommend them?" The follow up question is "Wouldn't your time be better spent just looking at the properties that buyers want, a...


Why should you buy multifamily properties when prices are HIGH?

Monday, April 04

You may ask why I just told people to sell, but in the next blog post I am telling people to buy. SCARCITY There are only so many good locations and good buildings that exist. If you cannot create inventory, you need to buy the good ones when they are available. Prices are high now, but it is may...


Why you should be SELLING your multifamily investments NOW

Monday, April 04

For the first time in a while FHA BUYERS HAVE A CHANCE TO WIN This may sound like good news but it is not. In the past 2 years it was likely that you would put your property on the market and investment buyers would be willing to pay close to the amount that FHA buyers were willing to pay. This i...


Rising Mtg rates are stopping mobility

Monday, April 04

People want and need different types of housing during their lifetimes. Coming of age individuals want to live on their own away from their parents. Developing families want more space. Elderly want less yard-work. Some people move to be closer to work We all want the ability to change where we l...


Is there a US HOUSING BUBBLE?

Monday, April 04

Good read from the Federal Reserve Bank of Dallas https://www.dallasfed.org/rese...The key here is that prices are out of step with financials.  If you look at the charts you can see that this tipping point was mid 2021.As my Private Clients know I have been Bearish on the overall Worcester multi...


Why are all the prices of Multis WRONG? Who are they fooling?

Monday, April 04

When I go to an open house, or view a property I have a good idea of what that property will sell for.   Why is it that so many agents have prices that are nowhere close to what the selling price will be? I realize there is the possibility that there is one buyer who really values the house at an...