Weekly Market Observations - July 11, 2024
Thursday, July 11
Here’s Our Weekly Market Observations : Jobs slightly exceed expectations in June while unemployment rises to 4.1% Multifamily demand sharply increases in Q2 Top states people are moving to include the Carolinas and Florida Average 30-year fixed mortgage rates up slightly to 6.95%
Are You Coming?
Monday, July 08
Real Estate Hacking Live is back - and you're invited! Join me and other real estate investors live and in-person for free food, tactical education, and great networking opportunities. This event is open to real estate professionals of all experience levels. And, I have a special free gift for y...
Weekly Market Observations - July 3, 2024
Wednesday, July 03
Here’s Our Weekly Market Observations : Pending home sales declined in May 2.1% MOM and 6.6% YOY Apartment sales drop to 10 year low Zillow estimates US housing shortage increased to 4.5 million New housing starts & permits continue to decline Average 30-year fixed mortgage rates down slight...
Exciting News
Monday, July 01
Exciting news... For years, 80 to 100+ investors attended the monthly Real Estate Hacking Live meetup. RHL featured tactical education and excellent networking opportunities for real estate investors of all experience levels. Unfortunately, like most events, RHL was canceled during COVID—until n...
Weekly Market Observations - June 26,2024
Wednesday, June 26
Here’s Our Weekly Market Observations : Existing home sale price in May is up 5.8% YOY to $419,300Housing inventory increased to 3.7 monthsMultifamily developers turn to value-add opportunitiesAverage 30-year fixed mortgage rates down slightly to 6.87%
This Mistake Cost Me - A Lot
Monday, June 24
This is a 7-figure lesson that I learned the hard way...Building momentum and creating success requires focus.When you're focusing on solving the right problem, results follow. Focusing on the wrong problem, however, is costly.For years, my wife and I focused on flipping houses. It was a great b...