July 2020 Housing Market Report

July 2020 Housing Market Report

A rebound to healthy liquidity in connection with a drop in inventory and rise in price pushes us into a slight seller’s market territory. July numbers are out. The headlines will read “Housing sales up 21%”, but we, as data driven investors, know...
COVID-19 and the housing market

COVID-19 and the housing market

TLDR A temporary oversupply, coupled with new-construction incentives, and historically low interest rates, will serve to push this market up quickly. Short term (<3-6mo), I would expect to see some GREAT deals. Once we enter 2021, I fully expect to see rapid price...
The best day of the week to buy a home

The best day of the week to buy a home

People often ask me “When should I make an offer on a home?”. My answer is always, Tuesday. If you’ve followed this site for awhile, I’m sure you’re thinking that we have data to back this up, being the whole big-data resource and all. But honestly this is one that...
Investor incentives and the 2% rule

Investor incentives and the 2% rule

When financing an investment property using a conventional FannieMae loan, there is a little-known rule that often bites investors. You’ll typically hear it called “The 2% Rule” and refers to a restriction on the amount of incentives that you can receive as an...