7 Steps for Picking a Strong Real Estate Market | PREI 113
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 27 August 2018
⏱️ 30 minutes
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| 0:00.0 | Welcome to passive real estate investing to show where busy people like you |
| 0:04.7 | learn how to build substantial passive income while creating wealth for the |
| 0:08.7 | long term and now here's your host Marco Santorelli. |
| 0:13.0 | Welcome to passive real estate investing. |
| 0:15.0 | I'm your host, Marco Santorelli. |
| 0:18.0 | You know, the U.S. housing market continues to grow with rising prices, new construction, |
| 0:22.0 | supported by a strengthening domestic |
| 0:24.7 | economy, and President Trump, Love and or Hate him, has plenty of options to boost the |
| 0:29.9 | economic forecast and the housing markets from California to Texas to Florida. |
| 0:35.6 | You know, it's a seller's market across the country with persistent buyer demand, despite |
| 0:40.8 | gloomy housing forecasts, the last four years have completely missed the mark. |
| 0:46.0 | It has been strong and there's a lot of growth, strong demand, low inventory. |
| 0:51.0 | And according to new data released by NAR the National Association of |
| 0:56.1 | Realtors home prices are still rising although a lack of listings are |
| 1:01.2 | suppressing sales that means low inventory. It's been 35 plus |
| 1:06.7 | straight months of declines in home sales. That just means that the market is |
| 1:12.0 | tight and continues to be tight, which makes it challenging if you're looking to buy a home. |
| 1:17.0 | It's great if you're a seller. |
| 1:19.0 | And if you're a real estate investor, well, we can feel the pain. I don't know if you can feel the |
| 1:24.4 | pain if you're looking for rental properties it's tight so how do you pick a |
| 1:29.6 | market and properties that makes sense for investment purposes. |
| 1:33.0 | A rental property is only as valuable to you |
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