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With increasing vaccine availability and decreasing COVID restrictions, the economy is recovering—with housing leading the way. Get the latest on the market in our monthly housing market recap.
The number of renter-occupied households has grown 29 percent since 2000 and occupancy rates for single-family rentals are at a generational high of more than 95 percent, according to a recent article on Vox. For investors, there’s a strong case to add single-family rentals to your REI mix (if you haven’t already). There’s a lot more to this story, read on to get the full picture.
Despite skyrocketing home prices, a majority of Americans believe now is a good time to buy a home, according to a new survey from Gallup. They also continue to view real estate as the best long-term investment for the eleventh year in a row.
As an investor, you know not every deal is going to be a win, but there’s a lot you can do to stack the deck in your favor. 13 experts from Forbes Real Estate Council offer their critical steps to crafting your exit strategy from the moment you start scoping a property out.
Since the onset of the pandemic, lumber prices are up a staggering 308%, to an all-time high of $1,459 per thousand board feet, according to industry trade publication Random Lengths. To help us understand this surge in lumber prices Fortune built eight charts to help explain the whys behind the historic shortage.
The recent census results added two congressional seats to Texas and one to Florida. “No longer are Texas and Florida only for escaping high taxes, onerous regulation and frigid weather. These states are the foundation of America’s future,” states a recent article on The Hill. “Florida is on the map, and Texas — despite the problem it’s had keeping the lights on — is quickly becoming the nexus of industry and innovation.”
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