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...
by Jim Eagan | Sep 15, 2023 | Real Estate News
Las Vegas Real Estate Market Update We have entered The Twilight Zone of real estate in Las Vegas. There is very little inventory and yet there are no offers on what’s available. All the entry level homes that most of my subscribers look for are not available...
by Jim Eagan | Aug 16, 2023 | Real Estate News
Las Vegas Real Estate Market Update Prices increased temporarily in June giving a lot of real estate agents hope in a recovering market. My belief is that it is a false hope. I predict prices to continue decreasing with a noticeable declining trend in the fall of...
by Jim Eagan | Jul 15, 2023 | Real Estate News
Las Vegas Real Estate Market Update For those of you who don’t like to read, here is an excellent video by Youtuber “Rventure Consulting”. That video covers why many investors in Las Vegas who purchased property recently are bleeding. Increasing...
by Jim Eagan | Jun 16, 2023 | Real Estate News
Las Vegas Real Estate Market Update Forbes wrote an excellent in depth article specifically about Las Vegas. Not only does it have good analysis, it also provides stats on specific areas of Las Vegas. If you have multiple investments in Las Vegas, this may be...
by Jim Eagan | May 15, 2023 | Real Estate News
Las Vegas Real Estate Market Update April stats show a slight uptick in median home prices. HOWEVER, the data is skewed primarily by the more expensive “bling bling” homes that our investors don’t dabble in. According to the Las Vegas Sun,...