Is US Government Dept holding back the FED from fighting inflation?
Thursday, December 16
Interesting article here about the FED and how Government debt is an issue in stopping inflation. https://www.bloomberg.com/news... Some points: almost 20% of all US Dollars were created in 2020!!!! This is from stimulus and various other government programs inflation is in essence not a general ...
Worcester Ranked 9th Hottest Real Estate Markets in US by Realtor.com
Tuesday, December 14
Realtor.com is saying that Worcester is the 9th Hottest real estate market in the US? What does that mean? Here is an article discussing Worcester: https://spectrumnews1.com/ma/w... Here is the underlying Realtor.com article: https://www.realtor.com/news/t... The key to the article is this: “Our...
Worcester City Council sets tax rates for 2022- Dual Tax Rate
Thursday, December 09
On Tuesday night the Worcester City Council had their annual tax rate hearing. See Article from the T&G https://www.telegram.com/story... You can see my personal thoughts on the topic in my testimony at that City Council Meeting starting at 14:20 - 17:50 of this attached video. Alex Guardiol...
Is the Worcester Market Falling? Fortune.com says it will.
Thursday, December 09
Interesting article here in Fortune Magazine. It predicts that there is a 50-75% chance that prices in Worcester will decline in the next 12 months. https://fortune.com/2021/12/07... What does that mean to Multi-Family investing? First off let's establish that: 2 families for the most part are si...
Worcester Multi Market STATUS REPORT 12.6.2021
Monday, December 06
The multifamily market in Worcester is still HOT. Currently on the MLS there are 36 Multis for sale, This is the lowest on market number in the last 4 years. Here is the breakdown: 11 - 2 families 20 - 3 Families 2 -4 families 3- 5+ On top of that there are a couple of those that are under contra...
How does CPI miscalculate RENT, and why you should by Multi-Family NOW
Friday, November 12
Every day we are seeing articles about INFLATION and that inflation is a Self fulfilling prophecy. That is, if we think that there will be increases in prices, then we will make buying decisions based on that, and it will drive up prices. Pretty simple process. Inflation is based on CPI (Consu...