All Forum Posts by: Reese Shulman

Interesting article about “Squatters’ Rights” in California; how they originated and their intended purpose vs. how they are currently being taken advantage of.

California's Squatter's Enable Tenancy Rights After Just 30 Days, Raising Concerns Among Property Owners About Housing Security

The costs to purchase and hold real estate are continuing to increase requiring most Americans to devote nearly 50% of their income to housing expenses. With this new reality it is imperative that buyers are aware of these expenses prior to submitting offers on homes; they should also be aware of the risk that these costs can appreciate aggressively.

https://www.nbcnews.com/news/amp/rcna163853

Informative read about how to plan & prepare to purchase a home. The article predicts in 2025 the real estate market will become more active by lowering interest rates. The idea is current home owners who locked in low interest rates before 2022, will be more motivated to sell and upgrade their homes if they can lock in a similar interest rate.

The Housing Floodgates May Open by 2025 — How To Prepare To Buy a Home

The article below is an informative summary of how a personal residence can be leveraged to lower the barrier of entry into real estate investment.

https://www.businessinsider.com/live-in-flip-avoid-capital-g...

Real estate developers are removing their operations from California. Two contributing factors are high construction costs and regulations that make obtaining a construction permit difficult.

California already has a large housing shortage. If developers do not build additional housing units it is likely we will see rents increase on much older and likely inferior housing compared to what developers would have built.

Major Housing Developer Pulls Out Of California

Real estate wire fraud is becoming more common every year. According to the article in 2015 consumers lost ~$9 million from this fraud vs nearly half a billion dollars in 2022.

A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning.

This is a different perspective...

https://moneywise.com/investing/real-estate/charlie-munger-h...

The article has some great graphs that are informative as they illustrate the housing price trends of 7 major metropolitan areas in the US, including the San Francisco Bay Area over a 20+ year period. Despite the national single family home market reaching record values the 7 markets in the article are still valued below their 2022 peaks.

Good quick read on several cities that witnessed home values appreciate aggressively during the Pandemic that are now softening.

Informative read about the high amount of ADU's being built in Los Angeles, the impacts they're having on the neighborhoods, and what local government is doing to preserve the "look and feel" of neighborhoods with the change in housing.