A crystal ball prediction for the housing market does not exist.
The best measure may be the forward-looking Homebuilder Confidence Index. It just hit an all-time high for optimism.
Interest rate direction has little to do with housing prices. But it helps.
Real estate is not an asset. Real estate derivatives are assets, whether it be a mortgage or a lease.
Gregg Cohen of JWB Real Estate Capital joins us. He’s a longtime provider of new construction turnkey rental property in Jacksonville, FL. See their properties at: CashFlowAndGrowth.com
We discuss how appreciation makes long-term real estate investors more money than cash flow, amortization, tax benefits or inflation-profiting.
Resources mentioned:
Jacksonville new turnkey property:
FHFA Home Price Index:
https://www.fhfa.gov/DataTools/Tools/Pages/FHFA-HPI-Top-100-Metro-Area-Rankings.aspx?
Suburban Rents Rise:
https://www.realtor.com/news/real-estate-news/race-for-space-pushing-up-suburban-rents/
Show Notes:
CNBC on home price rise:
https://www.cnbc.com/video/2020/11/13/rise-in-home-prices
-will-be-tremendous-for-builders-analyst.html
Mortgage Loans:
EQRPs: text “EQRP” in ALL CAPS to 72000 or:
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
New Construction Turnkey Property:
Best Financial Education:
Top Properties & Providers:
Follow us on Instagram:
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.