Archive for the 'Real Estate Investing' Category
Philadelphia Real Estate Market Predictions 2019
Philadelphia is one of the oldest and largest cities in the United States. It is too often written off as a has-been, a historical city that has joined the Rust-Belt. However, this city is on the rebound and the Philadelphia real estate market predictions show us an excellent opportunity for investors in 2019 and upcoming years. Philadelphia is the largest city in Pennsylvania and the second largest on the East Coast. It is the fifth biggest city in the United States. And unlike many other big cities, its population is slowly growing. Its population has grown every year for at least seven years, and it is the second fastest growing county in the region.
How big is the Philadelphia Housing Market? Well, more than one and a half a million people live in Philadelphia proper. Philadelphia is in the hub of the Delaware Valley. That is the sixth largest metropolitan area in the United States. That metro area is home to around six million people. If you only look at Philadelphia and its immediate suburbs, then the Philadelphia housing market still includes four million people.
San Jose Real Estate Market Predictions 2019
California keeps hitting the news as a figuratively toxic market spiraling down. If it wasn’t for legal and illegal immigration, the population would decline because so many natives are leaving. The business exodus is propping up Seattle’s real estate market. The state hits the news for bleeding edge political mandates while the public debates their cost. Why on Earth would anyone want to buy a home here? Quite a few, actually, despite housing prices in the state of California. Let’s look at the state of the San Jose real estate market before discussing why you’d want to invest in the San Jose real estate market over the alternatives.
San Jose is part of Silicon Valley, a place where $100,000 a year or higher salaries from competing tech firms has driven up the cost of real estate. But what about the San Jose housing market itself? San Jose is the third largest city in California, home to roughly a million people. It has the highest cost of living of any area in the U.S., and it is one of the most expensive housing markets in the country.
Housing Trends And Predictions For 2019 and 2020
Is 2019 a good time to buy a home, sell a home, move up, or invest in real estate — or will you be better off parking your money elsewhere, whether that means buying a house in a different location or an investment in an entirely different industry? While no one knows exactly what will happen with home prices in 2019, if you have the right sources and know where to look, there is enough evidence to make a sound educated guess. Where will we see softening housing trends first, and which cities are still showing healthy growth? We examined all 381 metropolitan statistical areas (MSAs) in the US for local affordability (and change in affordability), housing market price growth, and the pace of housing market price growth to pinpoint where the housing market is slowing down.
Given the new proposed United States tax plan from the Trump administration, investing in real estate has some potential implications for a new investor. Most consider the changes extremely beneficial to first-time real estate investors in particular.
To cover the basics first, the existing tax structure allows for real estate investors to write-off all the expenses of owning and running a rental as those properties are considered a business operation. In addition, any interest on the mortgages for these investments along with any repair or management costs can be deducted pre-tax on the total income of the property so that the property owner is only taxed on the actual cash flow they’re earning from the investment.
Seattle Real Estate Market Predictions 2019
Seattle is an expensive real estate market that gives many investors pause. However, there are many reasons to invest in the Seattle real estate market in 2019 and the upcoming years. We’ll share 10 of them here after discussing the fundamentals of the Seattle housing market. Seattle is home to over 700,000 people. This makes the Seattle real estate market the largest in both the state of Washington and the Pacific Northwest. However, the Seattle housing market is actually bigger than that – it extends to the nearly four million people in the Seattle metropolitan area.
Seattle’s tech landscape and real estate market are rapidly evolving. Google just upped the size of its new Seattle campus. Facebook has been on a hiring spree in the Seattle area, particularly for its virtual reality arm Oculus, which is growing fast in Microsoft’s backyard of Redmond. GeekWire reported on new HQ leases for top Seattle startups Rover and Outreach. Other companies continue to grow and that will pick up any slack. Tech has blown up Seattle. For the past 5 years we have seen 50% price growth in this market which has priced out many middle class buyers.
Phoenix Real Estate Market Predictions 2019
The Phoenix real estate market was a headline in the news a decade ago when the housing crisis of 2007 and 2008 caused home values here to fall by as much as half. The slow recovery of the national housing market has taken a decade. Many may be surprised to hear that the Phoenix housing market is back on the recommended list for investors. Let’s take a look at the current state of Phoenix before sharing ten reasons to invest in the Phoenix real estate market.
Phoenix remains the biggest city of Arizona and the state’s capital. However, Phoenix itself is massive. It is the only state capital with more than a million people. It is the fifth largest city in the country. The Phoenix housing market, though, is much larger than Phoenix – it encompasses the entire Valley of the Sun, Phoenix’s sprawling suburbs that are home to another five million people. That makes the Phoenix metro area the twelfth largest in the country. Let’s look at the top ten reasons to invest in the Phoenix real estate market.
Miami Real Estate Market Predictions 2019
Miami hits most people’s radar as a tourist destination, though it periodically hits the news when it looks like it may be hit by a hurricane. However, Miami is a large, thriving city with a strong housing market. Let’s take a look at the Miami housing market before sharing top 10 reasons to invest in the Miami real estate market in 2019. Miami is home to just under half a million people. However, the Miami housing market is far larger than that – it includes much of southeast Florida and more than five million people. That makes the Miami real estate market the seventh largest in the U.S., and it is the second largest housing market in the southeastern U.S.
However, that isn’t reason enough to consider investing in the Miami real estate market. According to a report published by Zillow in Dec 2017, Miami was the country’s fourth most valuable housing market. Trailing only Los Angeles (total value of $2.7 trillion), New York (2.6 trillion), and Washington (996.7 trillion), the total value of Miami’s housing market is an estimated 864.2 billion, which represents a solid 4.7 percent increase year over year. With that kind of increase every year, just think of what would its valuation be when head into 2019?
You can calculate net operating income (NOI) for your real estate investment by using the generally accepted net operating income formula, which is your potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses.
Keep in mind the net operating income formula can vary depending on who calculates it.
For example, most investors separate potential rental income and other income, but sometimes you will see them combined. Regardless, the generally accepted net operating income formula is your potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses.
Denver Real Estate Market Overview
We’re going to give you an overview of Denver, Colorado before we go into the reasons why you would want to invest in the Denver real estate market. And we won’t be citing generic platitudes like it is a diverse or beautiful place. We’ll focus on real reasons to invest your money in the Denver real estate market. Denver is the largest city in Colorado, home to just over 700,000 people. The Denver metropolitan area is home to around 2.7 million people. The Denver-Aurora, Colorado statistical area is home to about three and a half million people. Of greater important to potential investors, the area is still growing. Here is an overview of the Denver housing market.
Once your offer finally gets accepted, one of the first things you’ll do is submit an escrow deposit. This money — your “good faith” deposit — helps show the seller that you’re serious about buying the home.
If the home closes successfully, that money is applied to your down-payment. However, if the deal falls through, there is a chance that you could lose out on thousands of dollars.
With that in mind, many buyers want to know what they can do to help keep their earnest deposit safe. Here are 3 foolproof ways to protect your escrow deposit. If you follow this advice, you can rest easy knowing that your hard-earned money will stay where it belongs.
Orlando Real Estate Market Overview
Owing to its picturesque beaches and rapidly improving quality of life, Orlando, FL is proving to be a secure real estate investment destination for not only local but also international investors. With an average rental of $1,599, the Orlando real estate market is expanding at a great pace and people from all over the country and even beyond are either choosing to move permanently or invest here. Compared to other cities with competitive real estate markets, Investing in Orlando housing market makes more sense since it has experienced a 6% increase in property prices in a year. According to Zillow, the first-time buyers in the U.S. looking for an affordable home without much competition may have the best luck in the State of Florida, with Orlando real estate market ranked high in the Top 10 best cities for first-time home buyers in 2018.
Portland, Oregon Real Estate
Let’s take a look at the current state of Portland, Oregon. Then we’ll discuss the revolutionary opportunities in Portland, Oregon for real estate investors. Portland is home to around 600,000 people. However, the Portland real estate market in reality includes the more than two million people who live in the Portland metropolitan area. That makes Portland the second largest city in the Pacific Northwest. For a long time we’ve been hearing how the major housing markets in the Pacific Northwest (like Seattle and Portland) have been on fire with fierce competition and limited supply of properties.
Is Portland going to be one of the hottest real estate market for investors in 2019? Well, the Portland housing market is currently undergoing some changes. Property appreciation has slowed considerably over the last year or so. Even though home prices are rising more slowly, and sales are down, there’s still a lot of competition among real estate buyers in Portland. Anyone planning to invest in Portland real estate in 2019, should start early. In a tight housing market like Portland, it can take some time to find a property that meets all of your criteria. In this article, we shall discuss about the current trends in the Portland real estate market. We shall also discuss the 10 best reasons which make investing in Portland real estate in 2019 potentially profitable for new investors.
Charlotte Real Estate Market Overview
When someone considers investing in real estate, attention tends to drift to the hot markets like San Francisco or the places those residents are fleeing to due to the high cost of real estate. In other cases, investors focus on the “cool” places people want to be and assume that will yield a good return on the investment. We’ve taken the time to look for the better long term opportunities, and that brought us to the Charlotte real estate market. Charlotte is the largest city in North Carolina. The city proper is home to more than 800,000 people. The Charlotte metropolitan area is even larger – home to roughly two and a half million people. It is one of the country’s fastest growing metro areas, and it was the second fastest growing city in the southeastern United States. Only Jacksonville, Florida was growing faster between 2004 and 2014. The Charlotte housing market is a hot market for investors whether they want to renovate and flip, buy to hold and rent or invest in multi-family properties.
St. Louis Real Estate Market Overview
St. Louis is most famous for the Gateway Arch built in the 1960s. Alternately looked down on as a Rust Belt city and part of flyover country, it doesn’t generate much attention except when its crime rate or other problems hit the news. However, the St. Louis real estate market holds significant potential. Let’s look at the top reasons to come back to the St. Louis real estate market as an investor in 2019. The St. Louis housing market isn’t limited to the roughly 300,000 people who live in St. Louis, making this the second largest city in Missouri. Instead, the Saint Louis housing market includes almost three million people. That makes St. Louis the 20th largest metro area in the United States.
Nashville Real Estate Market Overview
Nashville is one of the hottest real estate markets in the country today. The Nashville real estate boom began about 10 years ago and the investors expect these trends to continue in 2018 and foreseeable future, making Nashville one of the most desirable real estate markets in the country. Nashville, Tennessee is famous for the Grand Ole Opry, the recreation of the Parthenon, and country music. It is best known as a tourist attraction in middle America. It should be recognized for a number of other reasons. The Nashville real estate market was good for sellers 2017 due to the rising prices, and it was considered one of the hottest housing markets in the US.
In 2018, it is expected that the Nashville real estate market will improve in favor of buyers as the inventory is started to increase slowly. The property appreciation rate in Nashville, which was quite high for the past few years, has now started to slow down to favor buyers. This shift is becoming a good sign for buyers looking to invest in Nashville real estate in 2018 and 2019. We’ll give you an overview of the Nashville real estate market trend in 2018 before we share 10 reasons to invest in the Nashville properties.