What's Happening Today In Real Estate

Where Are Most/Least Million Dollar Homes?

Key Highlights New LendingTree report indicates metro areas with most and least homes valued at $1M+ $1M homes = 3X median home price of approximately $350,000 What Makes A Home Worth $1M+? First and foremost…LOCATION, LOCATION, LOCATION After LOCATION come square

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Ontario’s “Cottage Country” White Hot

Key Highlights Prices up by +30% in Q4 2020 and continue rising Bidding war competitions hit new highs Muskoka District of Ontario Considered “Crème de la Crème” Some two and a half hours north of Toronto, Ontario, the Muskoka district

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Single-Family Rents Up +5.3% in April

Key Highlights Single-family rents jumped +5.3% y/y in April Largest annual single-family rent gain in almost 15 years Demand Skyrocketing for Single-Family Rentals According to CoreLogic’s just released Single-Family Rent Index (SFRI), single-family rent growth rose +5.3% in April 2021.  This is

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+36% Jump in Foreclosure Starts During May

Key Highlights Foreclosure starts jumped +36% y/y in May Foreclosure filings dropped -8% m/m but increased +23% y/y Foreclosure Activity Picking Up According to RealtyTrac, a subsidiary of ATTOM Data Solutions and its May 2021 US Foreclosure Market Report, foreclosure starts (step

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How To Think Like A Fighter Pilot (and WIN In Combat)

Coaching clients and listeners have been asking for help deciphering difficult situations; negotiating, dealing with potential conflict or perceived conflict. What to do when you’re feeling really out of sorts with the situation? The OODA Loop is a four-step process

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Renting Cheaper than Buying in Most Places

Key Highlights New study by LendingTree indicates median housing costs for renters lower Choice to rent or buy nearly always about money The Dilemma – To Buy or Rent Choosing to buy a rent or buy has caveats on both sides

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Country Running Out of Affordable Homes

Key Highlights Share of people behind on mortgages recently hit pre-pandemic level Millions rushing to buy while millions struggling to make housing payments New Study from Harvard University Indicates Growing Housing Crisis In a comprehensive, annual report from Harvard’s Joint Center

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