Archive: home prices

The Only Criteria That Matters in Real Estate Investing

By Vin Narayanan on April 21, 2023

All real estate is local. Sure, you can compile data and try to see if there are any big picture trends. But if prices in your neighborhood are going down while prices in some city across the country (or state!) are going up, “national” numbers don’t matter.  Here’s the quickest way to understand just how local real estate is: Scroll through Google News headlines. These were the first three headlines I saw when I searched for…
Premium
The housing market is a mess. Data from the National Association of Realtors shows that between May 2021 and May 2022, existing home prices soared nearly 15%. Since March 2020, they’re up 37%. Rent prices are skyrocketing too. RedFin reported that median asking rent rose 15%…