Introduction The landscape of rental housing is evolving, with an increasing number of families opting for single-family rentals over traditional multifamily units. This shift is largely driven by the ongoing shortage of affordable starter homes, which compels many to consider renting as a long-ter

Why Hire a Property Manager? Understanding the Benefits and Considerations. When it comes to managing rental properties, many owners find themselves torn between handling it themselves or hiring a professional. Property management might seem straightforward, but it encompasses a broad range of duti

2025 Market Outlook   The real estate market in 2025 is set to encounter a complex terrain of fluctuating mortgage rates, evolving buyer demographics, and shifting market dynamics. Here’s a comprehensive analysis based on expert forecasts and current market trends to provide a clearer picture of wh

2024 Market Recap   The year began with a cautiously optimistic outlook, as home prices stabilized following the sharp climbs seen in previous years. According to the National Association of Realtors (NAR), the median home price in the first quarter of 2024 showed a modest increase of 1.5% year-ove

Since 2020, national median home prices have increased nearly 25% most notably in coastal states. This sudden price increase has created an environment that is not conducive to small multifamily and single-family real estate investors. Because of rising prices, investors are finding it increasingly

An interesting excerpt from CBS News, What happens when mortgage rates drop?  Should you wait? August 16, 2024 / CBS News           By Angelica Leicht           Edited By Jennifer Earl Buyer competition could increase soon The Federal Reserve's first rate cut of 2024 is expected to happen in Sep

Recent Trends and Current Rates: The year has witnessed fluctuating mortgage rates, with a notable decline from the peaks of late 2023. According to Freddie Mac, the average 30-year mortgage rate has decreased from a high of 7.79% to around 6.93%. This slight relief comes after aggressive hikes by t

In what is being called a landmark shift for the real estate industry, the National Association of Realtors (NAR) has reached a settlement that appears to reshape the landscape for home buyers, sellers, and agents alike. This moment comes with updates that, if you let the media tell it, will transfo

First Steps for a First-Time Home Buyer: This might be a long one, so for those of you who like to skip the appetizer and get straight to dessert, here you go: Identify a 3-year life plan. Identify your wants and needs. Connect with a realtor or lender within your network. Get pre-approved for a mo

As 2023 winds down it seems everyone who had an opinion about the real estate market in January is either saying "I told you so", or on the other hand confused and uncertain. Thankfully, I am one of the people who can proudly say "I told you so". This was my forecast for the 2023 real estate market

2024 will be an interesting year in the real estate market. In 2023 we saw a slowdown and I expect to see the same thing in 2024 with the possibility of an upside in the latter half of 2024. If the FED does lower rates, expect to see people rushing into the market. So if you are considering buying,

2023 was the year of rate hikes, the Fed funds rate increased from 4.5% to 5.5% in 2023 via four different rate hikes that were all within the first 7 months of the year. For those who are new to financial jargon, the Fed Funds rate is the interest rate that banks charge each other to borrow money

Finding balance is one of the hardest things to do when embarking on a new experience. With so much excitement around the newfound knowledge and journey to come, it can be easy to get tunnel vision. A balanced real estate investment strategy diversifies risk and maximizes returns while aligning wit

When it comes to increasing the value of your home, not all renovations are created equal. Some upgrades can significantly boost your property's worth and appeal, while others might not give you the return on investment you're hoping for. If you're considering making changes to your home, it's cruci

If you think you need an enormous amount of cash to become the owner of an investment property, you are wrong. I did it for 12K.   For those who have never purchased real estate, and whose names are not currently on a mortgage. You are considered a "First Time Home Buyer!" Which means that yo

Do All Bubbles Burst? Fixed Rate Mortgage over 20 years Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US, June 12, 2022.   If you look at the 30-y

How Increasing mortgage rates are impacting the real estate market. 5/5/22 Increasing mortgage rates have led to a slow, but steady decline in demand for homes. According to NAR Research, the volume of home sales in January was 16% above the historical average. In February home sales were 11%

How to make deals happen when cash is low! If you are anything like me and earn a great but modest income that gives you just enough capital to invest in a single rental property every year, but you want to scale faster, try thinking outside the box. This has been my scenario for the past 18 mon

You think you know Real Estate? Well let's talk about it...   My name is Cameron Gunnels, I am a third-generation real estate agent. After his time in the Military, my grandfather Lawrence Gunnels relocated from Little Rock, Arkansas to Cincinnati, Ohio and in 1971 created Gunnels Realty. He be