
9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

10 October 2024 | 17 replies
Good morning!

8 October 2024 | 15 replies
Lights are not a big deal, they're leaving in the morning so not many would be on.

7 October 2024 | 7 replies
By last night and early this morning, I did suggest that they evacuate but that they could stay if they didn't have any other options (surge is my main concern, we are on the 18th floor so I don't think they will have an issue with that and we have Miami/Dade qualified hurricane protection)...BUT, I was very forthright that they would likely be without water and electricity and stuck on the 18th floor possible for some time.

8 October 2024 | 0 replies
Buy: As housing affordability worsens in many markets, more people opt to rent for longer periods, which creates an opportunity for mid-term rental investments.Target Demographic: Affordable housing shortages often push middle-income earners toward rentals, making this group a prime target for mid-term strategies.

8 October 2024 | 6 replies
I called the next morning after the storm hit.

9 October 2024 | 23 replies
It has middle-of-the-road tenant/landlord laws—evictions do take around 3-4 months, but there's a clear process to follow.Beyond that, Detroit is an emerging market with a lot of potential.

7 October 2024 | 3 replies
More than half of banana imports, America’s most popular fruit by volume, comes in through the ports being struck as of Tuesday morning, according to the American Farm Bureau Federation.Other items I have read that are at risk are: cherries, cocoa, sugar, imported wine, beer and hard liquor.In the spirit of the strike impacting more than just materials and labor directly correlated to real estate, I intentionally posted this in "Off Topic" as I want to get a better understanding of what your concerns are with an ongoing strike.

21 October 2024 | 176 replies
Then go check how many BTR & BTS communities had to halt construction in middle to end of 2022.