Greg Englesbe Real Estate donates 2,000 face masks to NYPD in battle against COVID-19
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Author: Greg Englesbe
Housing inventory trends down during COVID-19 pandemic — and so does market sentiment
Across the United States, housing inventory appears to be on a sharp downswing as the coronavirus pandemic begins to wreak havoc on markets. In the week ending April 5, the number of new listings nationally dropped 31% year-over-year. The week prior saw a 34% decline, according to data released by Realtor.com. “Housing supply took the […]
How will the coronavirus pandemic impact commercial office space?
The magnitude of the global coronavirus pandemic has only just begun to be felt, not just in terms of human lives but in the countless ways it will impact the economy. With the U.S. government approving an aid package to the tune of $2 trillion dollars this week, the severity of the COVID-19 crisis is […]
How will the Fed’s rate cut impact the U.S. housing market amid the coronavirus outbreak?
The unprecedented scope of the global coronavirus pandemic, hammering markets worldwide, has left U.S. policymakers with little choice but to take extreme precautionary measures. The Federal Reserve announced Sunday it would slash interest rates to zero, the Washington Post reported. This is the central bank’s most aggressive action since the 2008 financial crisis. There will […]
Private Student Housing Grows in Popularity for Real Estate Investors
More than 22 million U.S. students are enrolled in post-secondary educational institutions, whether they’re attending two-year or four-year programs. That population — and the regularity of their demand for housing — represents a massive opportunity for real estate investors. Private student housing, once a niche sector for investors, has now matured into a thriving market […]
U.S. homeownership rate hits 6-year high, but still lags behind pre-Recession days
Homeownership in the United States has rebounded in the aftermath of the 2008 Recession, but not as much as economic analysts might have hoped. New data released in the Census Bureau’s Housing Vacancy Survey shows the nation’s homeownership rate reached 65.1% in the fourth quarter of 2019. That’s the highest mark since 2013 and was a […]
Supporting charities reminds us that we’re all one community
Charitable causes and organizations can be found everywhere. We could all rattle off the names of several. They are so common that they sometimes fade into the background of all the information we receive on a daily basis. The problem is, despite the name recognition, many of us acknowledge them and “feel” supportive of their […]
Real Estate Investing Trends to watch in 2020
The start of a new decade carries all kinds of economic predictions, hopes, expectations and fears — all of which shape the way we invest. Toward the end of the last decade, real estate investors began to look more favorably on smaller markets in the U.S., where job and population growth show signs of healthy […]
Could impeachment proceedings have an impact on U.S. real estate market?
Political turmoil is often associated with economic uncertainty, with markets bracing for any potential downturn resulting from an impending change in Washington, D.C. Can this have an impact on U.S. real estate market? In what has been an excellent year for the housing market across the country, hearings over the possibility of impeachment proceedings against […]
Could Boomers halt dwindling U.S. home inventory in 2020 and beyond?
The U.S. housing market in 2019 was largely driven by two trends: low mortgage rates encouraging new buyers and limited inventory increasing competition, and thus prices. As 2020 is upon us, real estate experts are beginning to forecast how the market will take shape throughout the year. A new analysis from Redfin sees several current […]
