Today, we're sharing a round-up of headlines for you from around the country:
How Smart Real Estate Investors Prepare for a Big Market Change
The market we’ve been used to since the pandemic began in 2020 is on its way out. We’re looking at predictions of a buyer’s market for 2023 as well as economic turmoil for American businesses.
Fortunately for real estate investors, preparing for a market change – positive or negative – doesn’t rely on new tricks, sneaky strategies, or industry secrets. The best way to prepare for change is to get back to the basics.
The Death of the Starter Home Makes SFRs Indispensable
The starter home is dead.
According to the New York Times (and our own experience in the business), we can tell you firsthand that these “no frills” affordable homes are few and far between in any market.
There’s been a shortage of housing for over a decade now, but that shortage is especially in these starter homes – homes designed to be attainable for young families hoping to build equity.
Check out our recommended reading for the week:
- Updated: Odds of falling home prices in your local housing market, as told by one interactive map (Fortune)
- Housing stress creates opportunity for Build-to-Rent (FinLedger)
- The Best Real Estate Returns Come After Recessions (Institutional Investor)
- Billionaire Byron Allen Makes History With Most Expensive Home Purchase by an African American in the U.S. (The Hollywood Reporter)