Following yesterday’s 9th straight monthly decline in US homebuilder sentiment – the longest losing streak since 2014 – this morning’s housing starts and permits data will be watched like a hawk (the former expected to see a small bounce MoM and the latter – more forward-looking – a big tumble MoM).
Amid surging layoffs in the real estate market, slumping homebuilder sentiment, soaring rates and plunging mortgage applications, it is no surprise that analysts expected a drop in Housing Starts and Permits in May (-1.8% MoM and -2.5% MoM respectively). Those numbers were destroyed as Housing Starts crashed 14.4% MoM and Permits plunged 7.0% MoM…
As mortgage rates rise, homebuilder sentiment slips, and home sales weaken, analysts expected housing permits and starts to fall MoM in March but, thanks in part to downward revisions for Feb’s data, Housing Starts surprised with a +0.3% MoM rise (vs -1.6% MoM exp) and Permits up 0.4% MoM (vs -2.4% MoM exp)…
The world of commercial lending is changing. Lockdowns, eviction moratoriums, stimulus, and financial system instability are just a few of the many factors contributing to the whirlwind. Today we’re discussing the current state of commercial financing with an expert … and sharing what EVERY investor NEEDS to know about financing commercial properties. In this episode …
How Financing Apartments and Commercial Properties is Changing Read More »
Managing multi-family properties has always had its own challenges and considerations … but the COVID-19 crisis makes it considerably more complicated. How are landlords managing the risks and the responsibilities during these difficult times? We’re checking in with The Apartment King, Brad Sumrok, to get his practical tips for property and portfolio management in the …
COVID-19 Crisis – Tips for Property and Portfolio Management Read More »
Are you prepared for the future? In our annual yearly forecast episode, we explore the future of real estate in 2019. We don’t have a crystal ball … but we do have great resources and smart friends. Hear from three real estate experts on the state of the housing market, the effect of changing interest …
For Valentine’s Day we thought we’d muse on why the right real estate is easy to love. Of course, the operative word is “right” … as in Mr. or Miss “Right” … … because anyone who’s been in a bad relationship knows it’s hard to have the right relationship with the wrong person. And the same …
If the first property you bought as a real estate investor was a single-family home, you’re not alone. This property type is a popular first choice for many … maybe even most … real estate investors. But eventually, you’ll want to take your investing to the next level. If you’re at that point, this episode …
Overview Apartments are often the first big step most real estate investors make when they’re ready to graduate from single-family homes. What you may not know is that in some ways, apartment investing can be more simple than single family real estate investing. In this episode, Apartment Investor of the Year winner Brad Sumrok shares …
Secrets for Successful Apartment Investing with Brad Sumrok Read More »
Who in their right mind would buy over $300 million of real estate in the middle of a giant recession? And if that isn’t crazy enough, who would think that people actually need and love the rat race? In this eclectic episode of The Real Estate Guys™ radio show, we talk to two very thought …
11/6/11: Multi-Family Market Musings plus a Different Look at the Rat Race Read More »