Although homeowners are richer than renters, an interesting shift has occurred in the American rental market. A new wave of high-income renters have entered the market. The number of households who earn six figures and choose to rent has grown 48% over the past decade, and now represents the fastest-growing segment of the housing population. […]
Top 20 Best Cities to Start a Business in the United States
Entrepreneurship is on the rise in the United States. A key to starting a business is finding the right place to launch. Let’s look at the best cities to start a business in the United States right now. In the winter 2018/2019 issue of Inc. magazine, they published a list of the 50 best “surge […]
Veteran Homeownership Rates are Higher, but Post 9/11 Veterans are Hurting
A new study from Apartment List took a look at how veterans are faring in the housing market and discovered a staggering difference between pre and post 9/11 veterans. According to the study, veterans are faring better than non-veterans in the key housing market statistics like homeownership rate and cost burden rate. Today, 76% of […]
More People Are Moving From California Than To California
According to U.S. Census Bureau data, about 130,000 more residents moved from California than to California in 2017. While foreign investment in California real estate continues, many California residents chose to sell while home prices are high and buy in less expensive states. The five most popular states for people moving from California were Texas, […]
Chinese Are Still Buying California Properties and Will Continue To Do So
There has been much speculation that mainland Chinese homebuyers will pull back their California property purchases amid China’s economic slowdown as the country’s escalating trade war with the U.S. dampens growth. These concerns were fueled by reports from Beijing recently that China’s economic growth slowed to its weakest pace since the first quarter of 2009 […]
The Reasons Why People Move
What are the reasons why people move? Life events are often the catalyst for moving and changing where we call home. While I may have knocked Zillow on their Zestimate accuracy, I do admire their extensive research on trends in the real estate market. One of the highlights in their 2018 report, they talk about a […]
UBS Global Real Estate Study Finds Only One City Undervalued
Only 1 of 20 global housing markets is considered undervalued in a recent UBS Global Real Estate study. Chicago was this city. UBS surveyed 20 cities around the world to assess which are at the greatest risk of a housing bubble. 16 of the 20 cities fell into the overvalued and bubble risk categories. What is […]
The Starbucks Effect – How Starbucks Stores Affect Home Values
Having a Starbucks location nearby is great for coffee drinkers. However, did you know the benefit it has for homeowners? The Starbucks effect adds value to help homeowners maximize their real estate investment. While people can have differing opinions about Starbuck – see all of the mania surrounding their Christmas, I mean holiday cups – one […]