Steven Paynter’s Post

Tenant Demand May Remain High as Renters Suggest They’ll Never Buy: https://lnkd.in/emurfJWY 📍 Find Us @WestcleanUK: https://lnkd.in/eJd3WtH4 #cleaningservices #facilitiesmanagement #propertymanager #commercialcleaning #property #housingmarket #professionalcleaning

The U.S. apartment market in Q1 of 2024 has been a tale of two forces. According to RealPage, Inc. the first quarter saw a notable absorption of 103,826 apartment units, with an annual demand reaching 317,241 units—20% higher than the average rates observed in the 2010s. However, this demand was overshadowed by the completion of 135,652 new apartment units in the same period, pushing the total new multifamily units to 479,367 for the year ending in the first quarter of 2024. The apartment market's regional performance varies: the Midwest and Northeast continue to enjoy stable rent growth, while the South struggles with an oversupply impacting rents. The West is a mixed bag, with inner areas affected by excess supply and coastal zones grappling with demographic and economic shifts. Today's issue is brought to you by PACE Loan Group. #apartment #rents #housing #credaily #news #multifamily

Looking for a way to cut your energy costs? Investing in a new build home may be the answer. Our research shows you could save up to 55% annually with a new build compared to a second-hand property. Plus, some mortgage lenders are offering 'green mortgages' featuring lower interest rates or cashback for buyers of energy-efficient homes. Our survey of Savills new home buyers found that the good EPC rating and potential energy savings were the top reasons for buying. Make sure to consider a new build when you're in the market for a property.

GREA | Market Insight Report | Fall 2023 | Dallas-Fort Worth -- Multifamily demand in Dallas-Fort Worth is gradually recovering amid inflation and economic uncertainties, resulting in tightened household formation. In-migration, corporate relocations, and expansions will continue to fuel apartment demand through 2023. Download Report >

🚨 Attention Real Estate Investors! As an inexperienced investor, I'm diving into the world of real estate and could use your expertise and insights to help perfect my analysis process. Property details 4 bed 3 bath, 1930 sqft. Here's what I got purchase price: $154,500 closing cost: $2,310 rehab cost: $0 mortgage: $819 rent potential: $1,550 tax/insurance: $154 monthly repairs: $150 property management: $155 The deal total cash investment: $33,110 monthly cash flow: $225 ROI: 8.15% Conclusion we're getting closer! 8% ROI is not bad. Personally, I'm looking for something closer to 12%. This is not bad for a turn-key property, but I'm also looking for something that I can force appreciation on through the BRRRR method. This house was newly remodeled and likely needs no work done. Let me know what you think! #RealEstateInvesting #PropertyAnalysis #ROI #NewbieInvestor #RealEstateCommunity

Real Estate and Mortgages Reimagined Builders Are Building Smaller Homes There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help give you more options that fit the bill. Newly Built Homes Are Trending Smaller During the pandemic, homebuyers wanted (and could afford) larger homes – and builders delivered... #firsttimehomebuyer #starterhome Our Buyers & Sellers Get Up To $10,000 Back At Closing!

The last time I posted on the market, I suggested that you longer needed to fear duration. I set up a short vs duration in Nov 2020, turning last month. Not that I would be long, I think we are now in a period of volatile range bound activity. But I would probably use weakness to close any short vs duration. Now outperforming gets harder, because duration/rates is 85% of the risk return horizon. Now, you have to mine that last 15%. Now, it’s not the size of your research staff, it’s a forward vision question. From what I see, the downtown business office sector continues to be the systemic risk. Unlike times past, lower rates will not fix this. Unless you can turn the building into housing, nothing can. Thus,office supply glut could affect housing supply Missing in everyone’s analysis is the effect of this fact. The consumer is stressed, but a large percentage of the consumers locked up the mortgages in fixed rates in 2020-21. The commercial borrowers…not so much. Their fixation on refinancing and taking out appreciation means they refinanced into higher and floating rates. This, lower rates can improve multifamily, but office space is dead, dead, dead.

Discover the shifting dynamics of the Harlow property market in 2024, where dwindling rental stock meets rising demands, creating unique opportunities for landlords. This analysis delves into the challenges and prospects facing both Harlow buy-to-let and tenants, offering insights into how to navigate this evolving landscape. A must-read for anyone interested in the Harlow property market, looking for informed strategies to thrive in these challenging times https://lnkd.in/eHqRJQ-a

Looking for a way to cut your energy costs? Investing in a new build home may be the answer. Our research shows you could save up to 55% annually with a new build compared to a second-hand property. Plus, some mortgage lenders are offering 'green mortgages' featuring lower interest rates or cashback for buyers of energy-efficient homes. Our survey of Savills new home buyers found that the good EPC rating and potential energy savings were the top reasons for buying. Make sure to consider a new build when you're in the market for a property.

Select markets are showing surprising performance momentum in early 2024, with rents inching up despite high new supply volumes. Dive into the latest multifamily stats and discover the shifts shaping the rental landscape. Download the report now: https://lnkd.in/d9V3FvQ6 #commercialrealestate #markettrends #CRE