Housing Market 2021: Housing bubble 2021 or buy a house?
You’re wondering, “should I buy a house in 2021?” And you heard it right: a real estate agent is telling you not to buy a house in the housing market 2021 because it looks like a housing bubble in 2021! Make sure you analyze your local housing market to see if it's looking bubbly. And what if you’re a seller? We answer this and more...
Don’t forget to subscribe to the WIRE Associates weekly newsletter to get the latest housing market data, foreclosure data, median home price charts, tips for buyers and sellers, tips for landlords and tenants and much, much more
Want help selling? If we can’t do it, we’ll find someone who can
#BuyAHouse #HousingMarket2021 #HousingBubble2021
Equipment that we use for YouTube
A few real estate books we love!
- Never Split the Difference: Negotiating As If Your Life Depended On It -
- What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures, Updated Edition -
- Every Landlord's Legal Guide -
- California Tenants' Rights -
- The Color of Law -
- The Millionaire Real Estate Agent: It's Not About the Money It's About Being the Best You Can Be -
- The First Wacky Tale of Sam, Charlie & Leo: The Science Olympiad Competition -
This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.
*This description may contain affiliate links. When you click them, I may receive a small commission at no extra cost to you. As an Amazon Associate I earn from qualifying purchases. I only recommend products and services that I've used or have experience with. All opinions are my own.
Great update! There appears to be an explosion of multi family properties in escrow since the close of 2020. I recall the numbers being 50 at 12/31/2020 to 82 currently. This is a big swing considering the number of properties in O.C. It makes me wonder where are cap rates at? I imagine they are in the dirt.
Thanks for watching, Daniel! Yes, multifamily sales have definitely picked in Southern California. They were slow through the end of the year...then I think buyers expected AB 3088 to end at the end of January so buying picked up. It hasn't slowed down even though SB 91 replaced AB 3088. Cap rates are ridiculously low with no easy way to get them up since rent increases are capped! Owning rental real estate in California isn't for the faint of heart anymore!
Post a Comment