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...
Weekly Market Observations - July 17, 2024
Wednesday, July 17
Here’s Our Weekly Market Observations : Texas claims 3 of the top 5 cities with the best post-pandemic jobs comebackCPI up 0.1% in June and 3.3% YOY Wholesale prices up in June and 3% YOY PCE up 0.1% in May and 2.6% YOY Average 30-year fixed mortgage rates down slightly to 6.89%
It's Getting Worse
Monday, July 15
Despite slowing sales volume and higher inventory of active homes for sale, the housing market continues to face multiple headwinds. While a hopeful decline in mortgage rates later this year and into 2025 may provide some relief to buyers, it will not do much to solve the biggest problem: increa...
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...