Key Highlights
Tenants paying more in rent across nation’s 50 largest markets
Median asking rent increased +1.1 y/y in March
Days of Rent Discounts and Perks Are Over
March 2021 was the first month since the beginning of last summer that the pace of rent growth increased, according to a report from realtor.com.
Landlords are no longer bending over backwards, offering...
Key Highlights
“Regular” people now subscribing to real estate YouTube channels
Masses now see how top 0.1% properties live
Real Estate YouTubers Shaking Up How Top Tier Real Estate Sold
Two years ago, Enes Yilmazer and his friend, Michael Ayers, started asking high-end real estate agents if the two of them could film those agents' top-tier properties with a handheld camera. ...
Key Highlights
German housing market well-positioned to weather pandemic and beyond
Single- and two-family homes alive and well in Hamburg area
German Employment More Resilient than Other European Countries
According to Bloomberg, German economic and employment conditions are more resilient that those in other European countries.
Bloom Economics anticipates that Germany’s unemployment rate will fall to 4.2% in Q4 2021 and to 4%...
Principle of Success 13: Learning From Adversity & Defeat
We choose whether challenges and adversity are stepping stones or stumbling blocks in our path to success. Experiencing defeat is inevitable, accepting it or mastering it is up to you.
"Success is not final, failure is not fatal. It is the courage to continue that counts." -Winston Churchill
*Adopt the 'It's too soon...
Key Highlights
March housing starts surged nearly +20% m/m, according to Redfin
Lumber prices added $35,872 to price of new home, according to National Association of Home Builders
New Housing Starts & New Home Prices Picking Up Steam
New home starts in March increased to the highest month-to-month level since 2006, according to a recent report from Redfin. March housing starts...
Key Highlights
Expect competition but good returns in French Alps, Hawaii and San Francisco
Buyers looking for lifestyle investments
Brokers Anticipating Busy Spring and Summer Seasons
Real estate markets are reawakening worldwide as travel restrictions ease globally. According to a recent report from Zillow,70% of homeowners said they would be comfortable moving to a different home once vaccine distribution becomes widespread...
Key Highlights
The Ups - Toronto’s condo market bounces back big time in Q1 2021
The Downs – Toronto’s April home prices and sales see sharpest drops in a year
Up's for Everyone -Toronto's Condo Market Springs Back to Life
After taking a pandemic beating as residents fled the city for more space, Toronto’s condominium market is back...big time.
The Toronto Regional...
Principle of Success 16: Budgeting Time & Money
Taking regular inventory of how we spend our time and money is a great tool to maximize them and use them effectively. Remember, while money can be recovered, time spent is gone forever!
-Real Estate Treasure Map. This forces you to actually understand your own financial picture, what real estate needs to provide for...
Key Highlights
Shots and stimulus spur personal incomes
Biggest surge in personal incomes since 1946
Sharp Gain in Both Incomes & Spending in March
US Department of Commerce reported that personal incomes surged +21.1% in March after a decline of -7% in February. This is the biggest monthly increase in personal incomes since 1946.
Purchases of goods and services also rose in March...
Key Highlights
Last week’s mortgage demand jumped for first time since end of February
Refis jumped +10% but still lower than same week last year
When Interest Rates Drop, Expect Demand for Mortgage Lenders to Rise
According to the Mortgage Bankers Association (MBA), the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) dropped from 3.27%...
