Size Doesn’t Always Matter

Today’s News Synopsis:

Not all square feet are created equal when it comes to your floor plan.  NAHB reported builder confidence increased by one point to 65 for new single-family homes.  Senior housing seems to be the market more investors are looking at.

In The News:

Forbes “What’s The State Of Housing And The Economy At Midyear?” (7-16-2019)

“After achieving the longest economic expansion in the U.S. history and growing a solid 3.2% annualized rate in the first quarter of 2019, which way is the $19 trillion income-generating economy headed?”

NAHB “Builder Confidence Holds Firm in July” (7-16-2019)

“Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.”

CoreLogic “CoreLogic Reports Single-Family Rent Growth Remains Stable as Employment Growth Continues to Strengthen” (7-16-2019)

“CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and among 20 metropolitan areas.”

Forbes “Following Stock Trades And Mattress Sales, Real Estate Investing Goes Digital” (7-16-2019)

“As Americans’ confidence in online financial services grows, crowdfunded commercial real estate investing is finding its stride.”

Realtor Magazine “Investors Have Their Sights Set on Senior Housing” (7-16-2019)

“Investors are increasingly eyeing senior housing and plan to increase their buying within the sector over the next 12 months, according to the CBRE U.S. Seniors Housing & Care Investor Survey.”

HousingWire “Former Freddie Mac CEO says GSEs should be regulated like utilities” (7-16-2019)

“Two weeks into his new gig as a senior fellow at Harvard University’s Joint Center for Housing Studies, Donald Layton, who was the CEO of Freddie Mac until the end of June, is speaking out – in favor of regulation.”

U.S. News “Size Doesn’t Always Matter: 3 Reasons Why the Home Floor Plan Matters More Than Square Footage” (7-16-2019)

“Whenever anyone begins the process of looking for a new home, size is generally one of the top considerations.”

Business Insider – “The rise and fall of the starter home – why millennials are choosing to rent instead of own” (7-16-2019)

“Buying a house for the first time is one of the greatest milestones of life, but being able to afford your dream home isn’t always easy when you’re just starting out”

 

California Real Estate Investor Events

Aaron Norris will be presenting his latest talk Innovative Real Estate Marketing with OC FIBI on Tuesday, August 6.

Bruce Norris will be presenting his latest talk 10 Decisions To Make Before The Next Downturn with InvestClub on Wednesday, August 21.

Aaron Norris will be presenting his latest talk Innovative Real Estate Marketing with WEREP on Friday, August 23.

 

Looking Back:

Earning six figures and you still feel broke?  Several big banks were feeling the impact of a difficult spring for the housing market with high property values and increased mortgage rates.  More and more real estate deals were being done with Bitcoin.

 

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