What's Happening Today In Real Estate

US Housing Market NEEDS 5.5M More Housing Units

Key Highlights Builders constructed 1.225M new housing units from 2020 – 2021 This figure down from annual average of 1.5M new units from 1968 – 2000 NAR Calling for “Once-in-a-Generation” Policy Response to Country’s Housing Shortag A newly released report

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Inflation Expectations Jump

Key Highlights Consumers anticipating higher inflation in both near term and over course of several years Inflation expectations one year from now hit 4% in May 2021 Inflation Expectations for One Year from Now Hit High of 4% Consumers are

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Home Equity Update for Q1 2021

Key Highlights Average equity gain of $33,400/borrower highest in at least 10 years National negative equity share was 2.6% in Q1 2021, lowest in over 10 year Latest CoreLogic Report on Home Equity in Q1 2021 Home equity soared to an

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Fed Now Expecting Rate Increases in 2023, Not Before

Key Highlights After 2-day meeting this last Wednesday, Federal Reserve now anticipating rate hikes in 2023 Current interest rate remains unchanged Latest Meeting of Federal ReserveLeaves Interest Rates Unchanged…For Now Officials of the Federal Reserve announced that interest rates would remain unchanged

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Thinking of Belgium?

Key Highlights Pressing supply constraints in Antwerp New housing and new developments are rare Thinking of Belgium?  Many Other Buyers Are Too In Antwerp, Belgium’s most populous city and the capital of Antwerp province in the northern Flemish Region, this

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Aging Housing Stock Needs Renovation Boom

Key Highlights Median age of owner-occupied homes is 37 years Biden-Harris housing plan targets $640B over 10 years to safe, affordable, accessible, and renovated housin Demographics of Aging Housing Stock According to Freddie Mac, close to 80% of America’s housing

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Self Storage Sector Now Considered Resilient

Key Highlights 2020 capped another decade of growth in self-storage sector People prioritized location over space in apartment choices Self-Storage Sector Sees Decade of Growth According to a recent report from RentCafe, the self-storage sector continued growing “rapidly” from 2011 through

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