Weekend Tracker Shows Positive Housing Market Amid Crazy Headlines
There are a lot of crazy headlines, and the weekend tracker was positive. We discuss it all today. @housingwire @sarahteresa6 #realestate #housing #mortgagerates #economics
Leased DC Office Still Commands Premium Prices
$163M for 2001 M St. NW in downtown DC. Nearly fully leased. Major law firms on long term leases. Retail that supports daily traffic. $573 per square foot in a market many wrote off. Office is not dead. Weak office is struggling....
Two Incomes Needed to Buy a House as Prices Surge
It takes two incomes to buy a house in modern America, with last year having another sharp increase. Chartbook Top Links of the day is here: https://t.co/Up3SU7RW5f
Pending Home Sales Reach All-Time Low
The most worrying stat of the month: Pending Home Sales falls to lowest level lowest level ever recorded.
IBuyer Hype Faded: Reality Beats the Takeover Myth
Throwback to when the iBuyer model was going to take over the real estate market.
Japanese Builders Double Down on U.S. Housing Market
Japan’s big bet on the U.S. housing market got even bigger today Japanese builders are rapidly acquiring U.S. homebuilders—now Daiwa House is buying United Homes That's just 10 days after Japan-based Sumitomo Forestry said it's buying Tri Point Homes https://t.co/UnPOshRdS1
Home Builders Use Options, Paying 2‑3× Premium
The premium is a lot more than this The large home builders structure their contracts as options rather than outright purchase. 2-3X is not uncommon
McLean, VA Holds DC Metro’s Highest Apartment Rents
The apartment building with the highest rents in the entire DC metro ... is in McLean, VA https://t.co/UfLko09g2S
Make Private Lenders Passive, Not Pursuing, for Funding
Raising private capital for your next deal is about keeping the partnership passive. If a private money lender has to chase you down for details, your chances of getting their money is slim to none.
Housing Market Rebounds: Listings, Sales Rise; Price Cuts Fall
🏘️The housing market finally got some relief this week as the country thawed out after weeks of winter storms. New listings jumped, inventory climbed 1.4% to over 700,000 single family homes, and pending sales came in 4.6% ahead of last year....
Industrial Housing Cuts Labor Costs in Pricey Cities
It's also bc site-built home construction is so labor intensive ... which means cities with high housing costs have high CONSTRUCTION costs That's exactly why @americanhousing is doing industrial manufacturing of high quality, non-combustible, beautiful, dense, attached housing We are bringing down...
Mortgage Rates Dip as AI Job Fears Rise
Mortgage rates dropped into the 5s today because everyone is finally realizing the robots are going to take our jobs. Bittersweet.
Essential Pitch Deck Elements for Real Estate Deals
Pitch decks are key: This is a presentation of all the details on the deal. It should include at least: 1) The Property 2) Scope of Work 3) Exit Strategy 4) Terms 5) Timeline 6) Comps 7) Title Company/ Real Estate Attorney 8) Recent Deal History There’s way...
Condo Price Study Ignores HOA Fees, Misleads Results
The working paper cited as the core thesis in this essay has a pretty serious data issue ... it follows a 40-story CONDO building and how the pricing effects filter down to the buildings that the new owners leave to...
Affinius Deal Values Veris REIT at $3.4 B
Fuggetabout all that tsouris over investors claiming #Veris, fka #MackCali, w/undervaluing itself. #Affinius group in deal that values #REIT at $3.4B. #WallSt #multifamily #residential #VistaHill #realestate #CRE #Kushner https://t.co/W7mr3PhzY4
Mortgage Spreads Push Rates Under 6% Despite 10‑yr Yield
#mortgagespreads have allowed rates to get below 6% without the 10-year yield below 4% @housingwire @sarahteresa6 #realestate #housing #mortgagerates #chartdaddy
Unfunded Inclusionary Zoning Perpetuates Exclusion; Fund Affordable Housing
Unfunded "inclusionary" zoning is a recipe for permanent exclusion. It presupposes that rents/prices will always be high enough to cross-subsidize a tiny number of lottery-assigned affordable units. If you actually want affordable housing at scale, you have to fund it.
Vanbarton Leads Office‑to‑Residential Conversion Surge
The office>resi #conversion frenzy+#Vanbarton's central place in it. Boss #RichardACColes discusses that+other issues. #NYC #realestate #CRE #multifamily #MayorMamdani #467M #NoMad #mortgage https://t.co/ceQM1ZXDsf
Permits Drive 50% Premium, Blocking LA Housing Supply
Developers are willing to pay 50% more for land that already has permits to build in the city of Los Angeles: "Overall, our results suggest permitting is a major barrier to housing supply in Los Angeles"
Mortgage Rates Dip Below 6%, Lowest Since 2022
#Mortgage rates just dropped below 6%, matching lowest level since 2022 https://t.co/MSs7B1Npgs @mortgagenewsmnd @MG_MBS #realestate #realestateinvesting
Toronto Starter Homes Cost $750k, Rent $2.4k
$750,000 purchase price with a $600k mortgage is a “starter home” in Toronto btw. Rents for $2,400/month.
Mortgage Rates
5-handle The average 30-year fixed mortgage rate today: 5.99% Same day last year: 6.89% ---------------------- 10-year treasury yield today: 4.03% Spread today: 196 bps
Veris Residential Joins Wave of Apartment REIT Liquidations
Another one bites the dust ... Veris Residential becomes the latest apartment REIT sold or liquidated (18+ in the last 15 years vs. ~12 still remaining). Veris (6.6k units) is best known for its wildly high renter incomes ($480k or 10-12%...
30‑Year Mortgage Falls Below 6%, Boosting Spring Buying
A nice little market selloff creates a flight to safety. And gets the 30-year fixed below that stubborn 6% threshold, finally. The key will be staying sub-6% to allow human psychology to work its magic during the spring home buying...
House Touring Rebounds but Remains at Five‑year Low
House touring is starting to recover after its abysmal start to 2026. But still at its lowest level in 5 years. https://t.co/MDoX4iIabJ
Lower Prices Drive More Competition, February Mirrors Pre‑2020 Trends
How is the market? Here’s a look at closed sales so far in February that have sold above, below, and at the original list price. Do you see the trend? The lower the price, the more competitive it is. I...
Leverage Others' Retirement Accounts
I built most of my early portfolio using other people’s retirement accounts. Educating others about self-directed accounts can help you raise your own bank.
Warsh Chairmanship Could Push Mortgage Rates Near Zero
How low can mortgage rates go with tariff ruling and Kevin Warsh as Fed Chair? https://t.co/eEzHs3zcYh
Meritage Holds Market Amid Low Demand, Awaits Spring Sales
"our teams faced lower demand and aggressive local competition in Austin, San Antonio, parts of Florida, Northern California and Colorado. We deliberately chose to hold our ground in these markets and accept lower sales volumes as we look to the...
US Underwater Mortgages Climb to 2.1% Nationwide
100 major housing markets, one key question: How many homeowners are underwater? In total, 2.1% of outstanding U.S. homeowner mortgages are underwater—up from 1.3% a year ago. Here's where it's higher. ResiClub PRO report https://t.co/saZU0Ik4OD
Pending Sales Rebound, Prices Drop, Inventory Set to Rise
It was a good week - Weekly Pending sales back to year-over-year growth with new listings Other details - Price cut % is down over 1% year over year - Total active seasonal inventory increase should start soon
Limited Migration Saved
If the migration to a few states didn’t slow down this chart could have been worse. In this light, team higher rates won 🫡 https://t.co/YrBc6tLU0D
Spend $2K on Marketing, Not Rentals, for Bigger Returns
Instead of putting $2K a month into a rental hoping for $200 in cash flow, I’d rather put $2K into marketing and chase a $15K wholesale fee. Same money. Way bigger upside.
Superstar Cities Retain Elite, Middle Class Shifts South
Thanks to the logic of agglomeration economies, America's superstar cities will always centers of elite talent and the FOTB immigrants who serve them, but the middle class has moved en masse to the South and they've taken a lot of...
Cape Coral‑Fort Myers Housing Correction Eases Yet Persists
The housing correction in Cape Coral–Fort Myers, FL metro area has eased somewhat; however, it is still ongoing—particularly in its resale market Table via @ResidentialClub Data: Freddie Mac House Price Index, without seasonal adjustment https://t.co/Nh757FicBB
Skip Price Haggling, Leverage Seller Concessions for Savings
🏘️ Never Negotiate On Purchase Price 🤓 When you make an offer on a property, negotiating on the purchase price is not the best way to actually save money. Instead negotiate for seller concessions. You can use that to...
Builders Claim Flat Costs, Leverage Soft Market for Supplier Discounts
Toll Brothers: "Building costs are flat" That sentiment is widely shared among the big builders, as they use the softer residential construction environment—with multifamily completions having finally rolled over—as an opportunity to push suppliers for some pricing relief
Florida Gains Ground; Tampa Still Struggles, Toll Brothers Reports
Toll Brothers: "Florida seems to have found its footing, although Tampa remains challenged" 6 things to know from Toll Brothers’ latest earnings and earnings call ResiClub PRO https://t.co/UeLaeEXrxl
FHA Market Share Plummets From 30% to 10%
FHA used to be such a force at about 30% of the local market in 2009. Closer to 10% today. https://t.co/pb7ZHRoOTt
Small Sample Size Skews Market Percentage Claims
"Bro, the market is up by 20%." Nope. Be careful of the median price (or any price metric) in a small county. Being up 20.7% all of the sudden sounds really aggressive, but this is about a small sample size....
Out of Cash? Keep Closing by Thinking Differently
If you run out of money for deals, you don’t need to stop – you need to think differently.
Trump's Homebuying Ban Spares Build‑to‑rent and Fixer‑uppers
Trump's proposed institutional homebuying 'ban' includes 2 exemptions --> build-to-rent communities --> existing homes in need of significant repair https://t.co/iFD29f3UiD
Structured Sales Protect Sellers; Buyers Should Disrupt Them
So nuts. The most important thing a listing agent does is run a structured sale process, so that: 1. All prospective bidders feel like they have a shot, if they put their best foot forward, & 2. The seller can systematically, calmly...
Tax‑savvy Investing Fuels Long‑term Wealth Growth
Being a smart investor who understands how to defer or avoid taxes builds more wealth long term.
Your Gateway to Private Money Lending Deals
POV: you wanted to learn how to fund deals through private money lending and then you found my page..imagine that.
Build-to-Rent: Slow Wealth, Not Quick Riches
Build to rent is definitely not for getting rich quick but an awesome strategy to build wealth long term. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #buildtorent
Build‑to‑Rent: Proven Path to Wealth and Freedom
It’s not “get rich quick” but it is 100% an amazing vehicle to build wealth and freedom. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #ceomindset
ChatGPT Forecasts Median Home Price Hitting
The future is bleak: "ChatGPT noted that the median home price today is around $420,000 and predicted it will rise to between $510,000 and $580,000 by 2030." "It based its analysis on the assumption that home prices will grow 4% to 6%...
Hosting on Airbnb Means Accepting Constant Small Hassles
If you want to become an Airbnb Host you have to accept 5% of the time you will be Critiqued by guests Your phone might ring in late evening Items will be broken Finding the right help will be difficult People will often...
Budget Realistically, Not on Hopeful Cost Estimates
Don’t budget for what you hope it costs… budget realistically. Follow @chasecalhoun.realestate for more on build-to-rent and real estate investing. #realestate #investmentproperty #ceomindset