November Election: Airbnb spends $4m; Nightly rentals in one major city reduced by 90%

November Election: Airbnb spends $4m; Nightly rentals in one major city reduced by 90%

  Although, the recent November election was an off year with few major items on the ballot, there was one big takeaway from last election that could be precedent setting for cities throughout the country.  It is amazing that Airbnb spent over 4.2m on one small...
Home Flipping falls off cliff to 8 year low, is this a “flare” for real estate?

Home Flipping falls off cliff to 8 year low, is this a “flare” for real estate?

According to ATTOM data, gross profit on home flipping has fallen six quarters in a row and eight of the last 10, and now stands at the lowest level since Q4 2011.  At the same time the number of flips across the country has increased to 7.3% of all sales and number...
Federal Funds rate drops again creates a “floor” for real estate

Federal Funds rate drops again creates a “floor” for real estate

The Federal reserve dropped the federal funds rate again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut.  This is the third cut this year effectively creating a “floor” under real estate.  How did the federal reserve create a...
What do Atlanta and Denver real estate have in common? How can you predict the next “superstar” city

What do Atlanta and Denver real estate have in common? How can you predict the next “superstar” city

It is interesting to watch the release of indexes like the Case Schiller on a regular basis. Many of the same cities continue to pop up like Atlanta and Denver. Why?   What continues to drive markets like Atlanta and Denver?  Can you predict what cities will show up...