Weekly Market Observations - August 7, 2024
Wednesday, August 07
Here’s Our Weekly Market Observations : Jobs report below expectations as unemployment rises to 4.3%Texas claims 3 of the top 5 markets for apartment demand in Q2Multifamily starts increase in JuneAverage 30-year fixed mortgage rates down slightly to 6.73%
The BRRRR Strategy Is Dead???
Tuesday, August 06
The BRRRR strategy is dead... At least that's what I keep hearing, but is it true? The BRRRR strategy has been a popular method to buy houses with little to no money out of pocket. Nearly every single-family rental property I've owned was bought using BRRRR. So what changed that would have peopl...
Weekly Market Observations - July 31, 2024
Wednesday, July 31
Here’s Our Weekly Market Observations : Existing single-family home sales decrease 5.4% Median existing home sales price increases 4.1% YOY to $426,900 Single-family home inventory increases to 4.1 months Average 30-year fixed mortgage rates remain flat at 6.78%
This Is Yours, For Free…
Monday, July 29
I'm committed to giving you high-quality real estate education, tools, and resources that "gurus" charge hundreds and thousands of dollars for — absolutely free! Check out the recently updated Free Advanced Resources page: There's more coming soon, so stay tuned! Originally Posted on
Weekly Market Observations - July 23, 2024
Tuesday, July 23
Here’s Our Weekly Market Observations : Strong rent growth projected in 2025 due to slowing supply pipelineNortheast region claims top to markets for highest rent growthAverage 30-year fixed mortgage rates down again to 6.77%
Little Things Matter
Monday, July 22
Hurricane Beryl took out power for around 3 million people in the greater Houston area, including my neighborhood, so I'll keep this short. Times like these help you appreciate the little things, specifically air conditioning! On a brighter note, Real Estate Hacking Live is happening in less tha...