2023 is likely to bring a real estate market shakeup. To get a grip on what's to come, we're looking back at market statistics from the last year. There's no guarantee that things will continue along the same path—the market is always changing and always exists in a particular context. Still, these statistics are telling, and their context sets the stage for what we may see in the coming year.
We've got a few more real estate statistics to remind you of the staying power of real estate investing and why quality SFRs and property managers are premium to renters.
Social media had everyone convinced that if you weren't investing in NFTs, crypto, etc., you were a bonafide Loser™️, especially in the last two years. And hey, we have nothing against crypto. What we're not about, though, is hype for hype's sake.
These hot U.S. housing markets just might surprise you. Today, we've got a few of the biggest contenders closing out last month, pulled from the top 20 list shared by realtor.com.
Inventory is finally on the rise, based on the September 2022 Monthly Housing Market Trends Report from realtor.com. In fact, compared to year-over-year active listings, national inventory increased by nearly 27%. That's... HUGE. Especially at a time when sellers are less active, putting about 10% fewer homes on the market.
Today, we're sharing a round-up of headlines for you from around the country:
Real estate investing is on the rise, according to recent Redfin findings. Investors went big in an already big year, spending over 60 billion on 90,000 homes in one quarter: a record across the board.
