What city is now banning Airbnb? Do nightly rentals drive up rents?

What city is now banning Airbnb? Do nightly rentals drive up rents?

Over the years there have been a lot of theories that nightly rentals are increasing long term rents of full-time residents. Recently NY analyzed nightly rentals in various boroughs to calculate the increase in lease rates. This is the first real study I have seen on...
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...
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...
Investors purchase record number of homes, what does this mean for values?

Investors purchase record number of homes, what does this mean for values?

Real estate investors spent a record $63.6 billion to purchase homes in the third quarter, up 78% from a year earlier, with an intense housing shortage fueling their returns, according to a Redfin report published on Monday.  “Investors are expecting rents to increase...
Seismic shift in the consumer spending: Who wins?

Seismic shift in the consumer spending: Who wins?

According to a recent Well’s Fargo economic report: the forecast for the level of services spending is expected to swell to more than four and a half years of typical spending packed into nine months. What does this transition from goods to services mean for real...
Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

Loan costs for second homes, rentals to spike under new Fannie/Freddie rule

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...