Author: Brad Beckett

In a recent article in Forbes, Local Market Monitor’s Ingo Winzer says that in ordinary times real estate investors don’t worry much about where to invest.   He says every local market has opportunities, rental properties you can buy, and homes you can develop to produce income.  To that end, they reveal their 2022 list for where & how investors can achieve the best returns with the lowest risk in the coming year. “Right now we’re not in ordinary times. The covid pandemic still threatens economic recovery, work and living patterns may be permanently altered, and a surge in home prices…

The Federal Reserve Bank of St. Louis says inflation will remain a wild card in GDP outlook for 2022.  In fact, they point out that inflation is on pace to be the highest in more than 30 years.  In a recent post, they discuss their GDP economic outlook for 2022 with an eye on inflation. Their key takeaways: During 2021, the U.S. economy rebounded strongly, but the rise in inflation surprised many. Headline and core inflation rates for the personal consumption expenditures price index will likely end 2021 at their highest in 30 years or more. The U.S. is expected…

The National Association of Realtors recently released their “2022 Housing market Hidden Gems” report during their 3rd annual Real Estate Forecast Summit.  Among other things, the report says in 2022, the real estate industry should expect slower housing price appreciation, easing inflation and rising interest rates. “The housing sector performed spectacularly in 2021 in many markets, with huge gains achieved in places like Austin, Boise and Naples…Several markets did reasonably well in 2021, but not as strong as the underlying fundamentals suggested. Therefore, in 2022, these ‘hidden gem’ markets have more room for growth.”  Said Lawrence Yun,…

The National Association of Realtors is reporting that pending home sales were down 2.2% in November, 2021.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 122.4.  The NAR cautions that the countrywide surge of the omicron variant poses a risk to the housing market’s performance, however inventory is a large part of November’s decline.  Indeed… “There was less pending home sales action this time around, which I would ascribe to low housing supply, but also to buyers being hesitant about home prices…While I expect neither a price reduction, nor another year of record-pace…

Prognostications & forecasts are all over the place about what will happen in 2022.  We can only say that we wish you nothing but happiness, wealth and of course, good health!  However, with all that being said, the folks over at Keeping Current Matters looked at the various predictions from real estate experts about what the housing market might have in store for us in 2022.  Indeed…. As always, stay safe, stay healthy, have a Happy Friday and have Happy New Year! Hat tip to Keeping Current Matters.

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices in October were up 1.1% from the previous month.  In addition, home prices were up 17.4% from one year ago.  The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in single-family house prices based on data that cover all 50 states and over 400 American cities and extend back to the mid-1970s. “House price levels continue to rise but the rapid pace is curtailing through October,” said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research…

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.1% annual gain for October, 2021, which they say is a record high.  Their 10-City Composite annual increase came in at 17.1% and their 20-City Composite posted a 18.4% year-over-year gain. “We have previously suggested that the strength in the U.S. housing market is being driven in part by a change in locational preferences as households react to the COVID pandemic. More data will be required to understand whether this demand surge represents an acceleration of purchases that would have occurred over the next several years, or reflects…

On a recent episode of the AZREI Show, Marcus Maloney & Michael Del Prete talk with guest Michael Bennett about how he got started, house hacking and how Atlas Real Estate is furthering his investment career.  Whether you are an experienced investor with a large portfolio, or just getting started and looking to secure income and wealth through real estate investing the AZREIA Show is here for you. Click here to listen on AZREIA.org.

Zumper’s 2021 Annual Rent Report takes a deep-dive into what residents experienced over the past year and provides a complete picture of where rent is rising the most and what renters are thinking as they navigate the rental market.  Indeed… “…Residents in big cities who benefited from falling rent in 2020 had a rude awakening this year when rent snapped back to where it was prior to the beginning of the pandemic…There are very few parts of the country where rent isn’t significantly higher than what it was heading into 2021.” Key Themes & Findings: Virtual apartment tours are here…

According to the latest U.S. Home Flipping Report from ATTOM, 94,766 single-family houses and condominiums were flipped in Q3, 2021.  While that figure represents 5.7% of all home sales in Q3, ATTOM points out that profit margins declined as prices on flipped homes continued to rise more slowly than they did when investors originally bought their properties. “Home flipping produced another round of competing trends in the third quarter of this year as more investors got in on the action but got less out of it,” said Todd Teta, chief product officer at ATTOM. Click here to read the full…