Populations of cities and towns in the South and West regions of the United States still experienced the most growth from July 2020 to July 2021, with the top 15 fastest-growing cities or towns located in these regions, according to new population estimates for cities and towns, released by the U.S. Census Bureau today.
Every year, states across the country compete with each other for people and their wealth as millions of Americans move between states. The stakes are large. A growing population for the winners means an increasing tax base, economic growth and investment. For the biggest losers, it means more difficulties in paying down debts, higher taxes and fewer investments for the future.
Last year, I pointed out that the foreclosure moratorium, combined with the expiration of a large number of forbearance plans, would NOT lead to a surge in foreclosures and impact house prices …
When looking at the Florida real estate market, many eyes drift to the southern part of the state. NAI Hallmark managing partners Keith Goldfaden and Christian Harden say there’s another “fast-growing, dynamic city that’s become a hotbed for real estate investment” due to a business-friendly environment, skilled employee base, strategic location for logistics, and—what can be a rarity these days—available land, and it’s in the north. It’s Jacksonville.
There’s no end in sight for Wall Street’s Sunbelt sojourn. A pair of Goldman Sachs-backed ventures gobbled up an entire rental home community in Florida last month for a cool $45 million, according to reports.
Rental prices for single-family homes have skyrocketed to record levels across the U.S., increasing to an average of 7.8 percent in 2021. Apartment rents are up too.
Housing is hot right now … and that’s good and bad. Tight inventory, low rates, and surging demand in key markets create equity, which is a beautiful thing. But it also makes finding affordable properties difficult for home buyers and investors alike. Of course, lack of affordable housing improves rental demand, so investors big and …
Of course, as savvy investors realize, the Fed is trapped and MUST inflate … and they inflation is at least partially aimed at housing … the obvious play is to get in front of the Fed by investing in quality markets and property types … those likely to benefit from the very conditions the Fed is creating. That’s why we’re headed to Jacksonville, Florida VERY soon … We’re going to tour the market, meet with our teams, and look at brand new build-to-rent housing inventory.
Ask The Guys – Prepping, Principal Reduction, Timber and More Fantastic questions from our fabulous audience including … … what’s the best way to prep for bargains when inflation hits? … is accelerating the paydown of a mortgage a smart move, or is there a better way? … with lumber prices so high is now …
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From the spectacular Ambergris Caye in beautiful Belize, we bring you the second installment of our annual Investor Summit on the Sand faculty show! In part 2, we hear from more of our world-class faculty members as they share their thoughts and takeaways from the 19th Annual Summit. Tune in to hear from more of …
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