Are New Wholesaling Laws Coming to Your Market?
Change is coming to the wholesale real estate industry. From Philadelphia to Atlanta, new regulations are being implemented that require real estate wholesalers to be licensed in order to do business. So what does this shift in the industry mean for real estate investors and wholesalers?
6 Tax-Related Things Real Estate Investors Can Do Before Dec. 31
As this year of incredible uncertainty finally comes to a close, there’s one thing we can be certain of, the tax man cometh. Over on the Millionacres blog, they’re reminding us that the end of the year marks the deadline for a lot of tax deductions for individuals and businesses. Whether Uncle Sam will grant an extension or not in 2021, it’s best to get your ducks in a row.
Top Economic and Housing Experts Predict Post-Pandemic Rebound in 2021
Expect the post-pandemic economic rebound, improving job conditions and stable interest rates to continue in 2021, according to a survey of more than 20 top U.S. economic and housing experts. Read on to get their predictions for GDP growth, annual unemployment, home prices and the top housing markets in a post-COVID-19 environment.
Top Housing Markets for 2021
Realtor.com looked at which markets among the largest 100 markets in the country have substantial momentum heading into 2021. Low mortgage rates coupled with healthier levels of supply position these markets for growth. Read on to find out which markets top the list and why.
Why the Big Short in Housing Supply Will Remain in 2021
The supply of homes for sale nationwide was low prior to the pandemic and inventory has only gotten tighter. “Despite the best intentions of home builders to provide more housing supply, the big short in housing supply will continue into 2021 and likely keep house price appreciation flying high,” says Mark Fleming, First American Chief Economist. Don’t miss his deep dive on the market’s inventory woes.
Home Prices Up 15%, Pending Sales Rose 31%
“Buyers are still out looking for homes despite the worsening pandemic and the colder weather,” said Redfin chief economist Daryl Fairweather. In the four weeks leading up to December 6th, 40% of homes that went under contract had an accepted offer within the first two weeks on the market, compared to just 27% of homes at the same time a year ago. Check out the full report on the Redfin blog.