“If you invest in REITs, you’re almost never investing in home price appreciation,” said Dan Egan, vice president of behavioral finance and investing at Betterment. Although 2020 was a boom year for housing prices, the REIT sector fell 2% in 2020, while the S&P 500 was up 16%.
2021 has been pretty wild so far. Of course this has had ripple effects into every industry, but real estate has been fascinating. People have new opportunities to negotiate lower rents and the prices of living in cities have dropped while the price of living in small towns has been on the rise.
Inside Nima Ghamsari’s vision for Blend Labs as the mortgage software company begins to trade on the New York Stock Exchange.
Carlos Santana may reside in Las Vegas, but the Grammy winning artist clearly loves Hawaii’s Kauai island where he recently purchased a $20.5 million contemporary vacation home.
Biden’s newly released Green Book provides further detail surrounding his tax proposals. The limitation on like-kind exchanges coupled with increased tax rates on long-term capital gains could cause the 2022 tax bill of high-income real estate professionals to skyrocket.
Find out which cities have the ultimate seller’s markets for home buying.
Find out which Florida housing markets are the hottest in 2021.
Find out which Texas cities have the hottest housing markets midway through 2021.
Find out which cities in California have the hottest housing markets in 2021.
Today’s strong housing market is much healthier than the bull market of the 2000s. There are good reasons to believe that it could chug along for years before it ends.