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23 July 2024 | 7 replies
If you want appreciation, identify markets with expanding industries, positive growth trends, and bright economic forecasts.Columbus, Ohio is a great market to consider if you're leaning towards that appreciation!
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24 July 2024 | 30 replies
@Jeff Hamann Couldn't agree more - everyone is usually looking for the next hot town/city when what they should be looking for is the perceived trend of a town/city as a function of the price.
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22 July 2024 | 2 replies
It is still more of a sellers market, and I am seeing 5-15 offers on houses in the right area.I am observing a continuing trend of people leaving NYC and moving upstate.
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22 July 2024 | 0 replies
Other significant players include IHG (10.5%), G6 (4.9%), and Choice (4.8%).Total room inventory has been relatively stable, with slight fluctuations:- January 2024: 103,379 rooms- February 2024: 107,068 rooms- March 2024: 103,353 roomsEmployment trends show gradual improvement:- 2024 projected employment growth: 0.9%- 2025 projected employment growth: 0.5%While population growth is expected to remain flat, household income is forecast to grow by 4.4% in 2024 and 3.5% in 2025, potentially supporting increased travel and hotel demand.Market OutlookThe Los Angeles hospitality market is poised for continued growth and stability:1.
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19 July 2024 | 19 replies
Ohio markets show up 3 times in Zillow’s 2024 hottest markets, with Columbus and Cincinnati taking the top 2 and 3 spots.
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19 July 2024 | 0 replies
Real Estate News in Brief
A string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortga...
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20 July 2024 | 21 replies
thanks James, in analyzing regional data, Louisville continues to show a strong local economy, with a decent trend in the growing rental market, lower median home prices and values, good reasons to make it appealing to us since we are looking to expand our portfolios, providing more affordability to enter into this market ... besides, good friends live in this city ... our visit will make it a business expense :)
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20 July 2024 | 11 replies
However, look at the data trends over longer periods of time (say 10 years) and you’ll see that while there are ups and downs, real estate trends upwards.
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20 July 2024 | 14 replies
You really need to familiarize yourself with the area and understand trends such as:What is the crime like in this neighborhood in which I may invest?
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19 July 2024 | 13 replies
I understand real-estate is cyclical, and some times may be better than others, but regardless, it trends upwards over time.