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.

If the house is in decent shape then listing probably makes the most sense financially, assuming there is time to do so.

I quickly learned to ask my sellers to leave a few minor things for inspectors to find as it drives me crazy that most will nit-pick a house apart if it’s in great shape and they can’t find much to report.

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...

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 :)

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.

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?

I understand real-estate is cyclical, and some times may be better than others, but regardless, it trends upwards over time.

Find Investment OpportunitiesMarket Research: Analyze local real estate market trends, property prices, rental yields, and potential for appreciation.Network: Build relationships with real estate agents, investors, wholesalers, and property managers who can provide leads and insights.Due Diligence: Conduct thorough inspections, financial analysis, and feasibility studies before making a purchase.6.

Investors and operators should monitor employment trends and household formation as key demand drivers going forward.