Nightly rental market following in footsteps of Colorado Pot market

Nightly rental market following in footsteps of Colorado Pot market

Data from AirDNA, a short-term rental analytics firm, show as of October 2022, the number of future nights booked—a real-time indicator of the health of the short-term rental industry—was up 15.8% year-over-year.  At the same time, anyone in the short-term rental...
National Association of Realtors predicts rising prices in 2023; fed predicts drop

National Association of Realtors predicts rising prices in 2023; fed predicts drop

In 2023, NAR Chief Economist Lawrence Yun expects home sales to decline by 7%, while the national median home price will increase by 1% in his recent 2023 market update.  On the flip side the most recent federal reserve economic commentary classifies the current...
What happens to nightly rentals as real estate market turns

What happens to nightly rentals as real estate market turns

We are in a new paradigm for real estate.  With talks of a recession getting louder, what does this mean for real estate.  In 2008/9 real estate was radically different than today.  Companies like VRBO and Airbnb were not even around.  How will the next recession be...
Will the golden handcuffs of low rates save real estate in this cycle?

Will the golden handcuffs of low rates save real estate in this cycle?

The prevailing theory is that this real estate cycle will be considerably better than others as so many people locked in rock bottom rates which will serve as “golden handcuffs” and prevent a meaningful increase in inventory.  How accurate is this theory?  What is the...
10k of student loans forgiven; what does this mean for real estate and mortgage rates?

10k of student loans forgiven; what does this mean for real estate and mortgage rates?

As of the writing of this article, President’s Biden’s plan is to forgive 10k in student loan per each borrower and further extend the payment pause until year end.  How will this forgiveness impact real estate prices, mortgage rates, and prospective purchasers?  What...
Haircut prices surge, what does this mean for real estate prices?

Haircut prices surge, what does this mean for real estate prices?

If you haven’t gotten a haircut in a while, you are in for a surprise.  Haircut prices like many other services in the economy are experiencing large increases.  What does the increase in haircut prices mean for the economy and in turn real estate?  Why are haircuts...