Detroit, Philadelphia, Cleveland, and Houston. Those are the only four remaining cities where it costs less to buy a typical home than to rent, according to a new report from Redfin. The analysis compared March home values and rental estimates assuming a 5% downpayment and a 6.5% mortgage rate for the 50 most populous metro areas in the United States. Back i ... Show More
Jun 2024
975: BiggerNews: Rent Price Updates and Why Landlords Are Optimistic About 2024 w/Zumper’s Anthemos Georgiades
The rental market could finally be returning to stability after a wild past four years. Since 2020, we’ve seen rent prices skyrocket almost overnight, with huge asking price increases for single-family homes, multifamily apartments, and everything in between. But that trend quick ... Show More
45m 6s
Jul 2022
15: Renting vs. Buying a House: Which Makes More Sense in 2022? w/Ken Johnson
Renting vs buying a house. It’s an easy decision. If you have the option to buy, you should buy. Shouldn’t you? That line of thinking, according to Ken Johnson, real estate economics expert, can cost you a lot of money. His team at Florida Atlantic University, along with other da ... Show More
1h 12m
May 2024
959: BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising
The 2024 housing market isn’t turning out how most of us thought. At the beginning of the year, real estate investors were hopeful that mortgage rates would fall, affordability would return, and home prices would have a chance to stabilize before going back up. But none of those ... Show More
33m 8s
May 2024
963: BiggerNews: 6 Rules for Real Estate Investing in 2024 w/J Scott
Real estate investing in 2024 isn’t as easy as a few years ago. When interest rates are low, housing inventory is high, the economy is booming, and everyone’s happy, real estate investors can take considerably more risks with bigger payoffs. But now, only the most savvy investors ... Show More
44m 12s
Mar 2024
905: Fannie Mae: Multifamily Is STILL Undersupplied, Rent Growth Likely w/Kim Betancourt
On a national level, Fannie Mae is predicting the multifamily market to remain subdued in 2024. Ever since interest rates began to rise, multifamily transactions have slowed considerably. Higher rates made profits fall, and as a result, buying and improving multifamily properties ... Show More
31m 36s