We continue to see a strong seller's market with low supply and low interest rates. Rents continue to increase throughout the valley. It is more expensive to rent than own a home. This situation is good for homeowners as they see their home values rise and investors who see both their equity and rental income increase. Average Sales Price up 4.1% to $291,800 and Median Prices up 5.1% to … [Read more...]
Why Real Estate Investing Makes (Dollars and) Sense
Why Real Estate Investing Makes (Dollars and) Sense INTRODUCTION Turn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a group or “guru” who promises to teach you how to “get rich quick” through real estate investing. The truth is, much of what they’re selling are high-risk tactics that aren’t a good fit for the average investor. … [Read more...]
National Real Estate Market Primed for Expansion in 2016
Strengthening Economy Despite existing-home sales dropping last November, the National Real Estate Market is primed for expansion in 2016. Here's why. Better weather in many parts of the country resulted in an increase in single-family and multifamily home construction. Also, the population of millennial homebuyers is expected to grow in 2016. This means increased demand to help the housing … [Read more...]
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