Local, foreign and domestic investor are buying MF within 21 on average after it hitting the market.

Strong wood prices in Europe have prevented a flood of imports from dousing the domestic price rally.Housing affordability is the primary threat to the lumber rally, Weyerhaeuser Chief Executive Devin Stockfish told investors recently.Home prices are on their fastest climb since the run-up to the housing crash 15 years ago.

Beyond that, fourth quarter Gross Domestic Product, the broadest measure of economic activity, will be released on Thursday (1/28).

Mass exodus" is a media term for the fact that CA had a net domestic migration loss in 2020 higher than all other 49 states.

The property has both a lake and river and is a 5 - 10 minute walk from the small but artsty/funky downtown area which features about 10 festivals a year and draws both foreign and domestic tourists.  

Speaking of getting things done, let’s wash our hands, put on our facemask, social distance, and get under the hood… Gross Domestic Product.

@Sean ZhangMost states require that you own the property with a “domestic” LLC or register your foreign LLC.

@Stephanie Reinagel this is 100% market dependent but in true vacation areas I think the majority of owners had fantastic years due to the amount of people being forced to travel domestically.

Here is a section of interest:For leases entered into on or after July 1, 2020, clause (i) shall apply only if the tenant agrees, in writing, to the termination, or if a provision of the lease allows the owner to terminate the lease if the owner, or their spouse, domestic partner, children, grandchildren, parents, or grandparents, unilaterally decides to occupy the residential real property.

Lawrence Yun, NAR chief economist and senior vice president of research, unveiled the consensus forecast today during NAR's second annual Real Estate Forecast Summit.The group of experts predicted:Gross Domestic Product growth of 3.5% in 2021 and 3.0% in 2022;An annual unemployment rate of 6.2% next year with a decline to 5.0% in 2022;Average annual 30-year fixed mortgage rates of 3.0% and 3.25% for 2021 and 2022, respectively;Annual median home prices to increase by 8.0% in 2021 and by 5.5% in 2022;Housing starts of 1.50 million next year and 1.59 million in 2022;The share of the U.S. workforce working from home to be 18% in 2021 – down from 21% in 2020 – and 12% in 2022; andSmall declines in office and hotel vacancy rates in 2021, with a slight increase in retail vacancies next year.When asked if the Federal Open Market Committee will change the federal funds rate in 2021, 90% of the experts surveyed said they expect no change in the current rate of 0%.