Why House Prices Beat the Pandemic Odds

…And Why So Many Housing Economists Got It Wrong by Brian Fluhr One year ago, at the onset of the Coronavirus pandemic, housing economists were making dire predictions for the market. The demise of housing did not play out the way many anticipated for several reasons but foremost because strong economic housing fundamentals were already in place pre-pandemic. These fundamentals included the durable credit of borrowers, balanced debt-to-income ratios, and

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Hartford, Connecticut

“New England’s Rising Star” City Could See Falling Home Prices Before 2022 by Carole VanSickle Ellis Hartford, Connecticut, is home to a lot of long-established locations, including the country’s oldest public art museum, the oldest publicly funded park, and the oldest continuously published newspaper. The city has also served as home to many historic figures, including Mark Twain, John M. Browning (inventor of the automatic pistol), and Alice Young, the

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More than Appraisers: Advocates and Partners for Life

Appraisal Nation’s Loyalty to Clients & the Industry Stands Out by Carole VanSickle Ellis Michael Tedesco and his partners founded Appraisal Nation in 2007, just in time for one of the worst housing corrections in history. It might sound like a terrible beginning, but Tedesco proudly notes it was the crisis that formed the cornerstone of Appraisal Nation. “We lived through one of the worst housing recessions in history, and

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Valuations in the Single Family Rental Space

Here’s What’s Happening with Rental Investments by Kevin Ortner Housing prices continue to march upwards. But what’s driving prices in the SFR space? What is responsible for this boom, and should we expect more of the same in the months ahead? As Renters Warehouse CEO, I have seen a lot of changes in the housing market over the last year. Here are a few things that stand out. There’s good

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ROI Starts with Understanding the True Value of the Property You Are Going to Purchase

The Bottom Line for Investors is Still the Bottom Line by Rick Sharga Perhaps nothing is more important to the success of a real estate investor than properly valuing a property. Over-paying for an investment property is one of the most common mistakes made—particularly by inexperienced investors—and can often be the difference between making a reasonable return on an investment and financial ruin. To a certain extent, investors buying properties

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The “Why” of Valuation

Building Valuation Discipline by Michael Greene and Alex Villacorta Business school classes often demonstrate concepts like “the wisdom of crowds” or “the Winner’s Curse” by asking students to guess the number of jelly beans in a jar. Miraculously, the average guess of the class is typically quite close to the actual number of beans, while the range of guesses is distributed broadly. Never in question, however, is the precise number

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