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Self-Storage Is a Growing Business, Here's Where Investors Can Join In


Self-Storage Is a Growing Business, Here’s Where Investors Can Join In
Millionacres
6 hrs ago
© Provided by Millionacres
Self-Storage Is a Growing Business, Here’s Where Investors Can Join In
Human beings aren’t the only sentient creatures that collect things to feather their nest. Bowerbirds are notorious for that, too. But we
homo sapiens do it in a big way. And because we’re a mobile lot, we need a place to put stuff when migrating.
That materialistic drive has led to the need for space to put all that material and the result is a booming self-storage business. And because we’re Millionacres, let’s look at the real estate investment side of that enterprise. It turns out that’s been quite active. ....

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Home Prices Hit an All-Time High of $370,000 in March, Realtor.com® Housing Report Shows


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SANTA CLARA, Calif., April 1, 2021 /PRNewswire/  Finding a home is only getting more difficult for this spring s home buyers who in addition to having more than 50% fewer homes to choose from are facing the double whammy of record-breaking prices and rising interest rates, according to the
®  Monthly Housing Trends Report released today. And while more choices and slowing price growth may come to those who wait, mortgage rates will likely continue to creep up.
In many areas of the country, there are half as many available homes for sale than a year ago and in some markets that number increases to less than one-third. For a buyer, that means if they had 10 homes in their price range to choose from last year, they have less than five, perhaps as few as three, available to them today, said realtor.com ....

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Cities With the Most (and Fewest) Homes For Sale


Cities With the Most (and Fewest) Homes For Sale
Cities With the Most (and Fewest) Homes For Sale
If you re house hunting, these could be the best (or worst) places to find a deal.
2020 was a year like no other for the residential real estate market, and the market is still feeling the effects.
The onset of the COVID-19 pandemic in the late winter and early spring of last year set off a series of whiplashing shifts. Initially, public health concerns and stay-at-home orders brought the market to a halt as buyers and sellers alike held back on transactions. But over the course of the year, demand rebounded in dramatic fashion. Increased household savings gave many people more resources to enter the market, especially among first-time buyers in the millennial generation. Meanwhile, space and amenities in the home took on additional value because more people were working and schooling from home. All of these factors have driven up the demand for homes. ....

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