Source: U.S. Home Sales Up, but Still Slow, Associated Press via Philly.com
2014 was off to a sluggish start due to a variety of factors one mainly being the tough weather conditions discouraging home buyers and delaying the Spring selling season.
However, it seems that the housing market is making a rebound, but not quite as strong as people would hope for. Housing sales…
Source: Multi-Family Real Estate Forecast: 2014-2020, Forbes.com
Forbes contributor and economist Bill Conerly believes a major shift from multi-family properties to single-family properties is headed towards the real estate industry with the growing demographic of young renters.
Conerly argues that the housing market will change similarly to the market between the 1970s and 1980s when the population of young adults searching for…
Following up Part 1 of this series, I highlight a key market force that will support local real estate investing in the near future… oversupply.
While I know that it may feel like it is hard to find strong deals in your market these days, this is not because of a lack of deals. According to RealtyTrac, there are currently more…
This past week, I came across this article in philly.com….
In it, real estate writer for philly.com, Alan Heavens touts Philadelphia as the next Brooklyn and quotes Brooklyn transplant and local realtor, Chris Plant throughout. I wanted to re-post as there are a few things to note for the local real estate investor.
1. Ever since the New York Times termed Philadelphia…