by Jim Eagan | Feb 15, 2024 | Real Estate News
Small Decreases In Home Values Anticipated I was completely wrong in my earlier assessments of the housing market. I had predicted a sharp decline in prices after the 2022 peak. I didn’t see Wall Street snapping up all those single family homes. Consequently,...
by Jim Eagan | Jan 15, 2024 | Real Estate News
Will Wall Street cause the next real estate meltdown? According to the Review Journal, in the summer of 2023, a corporate landlord bought hundreds of homes in a massive transaction. The Miami-based investment firm Starwood Capital Group sold 264 homes for $98...
by Jim Eagan | Dec 17, 2023 | Real Estate News
Redfin Predicts 1% Decrease In Prices I believe Redfin is being too conservative. The recent interest rate decrease is just a brief relief for buyers that isn’t sustainable. Forbes reports real inflation at about 4% and there is no end in site. Mortgage rates...
by Jim Eagan | Nov 15, 2023 | Real Estate News
Case Study – 4 Variants On a 4 Bedroom We have some new exciting data to share. Recently we purchased a portfolio of mid term rentals which created some momentum in placing tenants who need housing for less than 12 months. These folks are generally victims of...
by Jim Eagan | Oct 14, 2023 | Real Estate News
Listings dropped 50% in September The Review Journal reported there was even less inventory in September and prices remain the same since 2022. Roughly 4,066 single-family homes were on the market for sale at the end of September. You would think the prices...