One of the biggest challenges to owning a rental property is setting the right rent. Set the right too high and the property can sit vacant for days on end,…
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Tips, tools, and news for rental investors.
What’s New in Stessa? May 2021 Video Update
We’ve launched two major new features in the last few weeks and I discuss both in the 6-minute video below. Put the new transactions “trash can” and these advanced reporting…
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U.S. Cities with The Most (and Fewest) Homes Selling Below Asking Price
It is no secret at this point that one of the economic effects of the COVID-19 pandemic has been a red-hot housing market. With more people at home, consumer spending…
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Summer 2021: Red hot housing prices
We are getting new data on just how hot real estate prices are across the country. Ben Winck and Libertina Brandt of Business Insider open up this week with expert…
Bidding wars and record prices: Investing in competitive markets
There’s no doubt, it’s been a crazy housing market. When supply is tight and demand high, it can intimidate new investors, and even downright frustrating for current investors looking at…
The housing market is looking a lot like 2006: Are we in bubble territory?
Home sales are going bonkers in most of the country. According to new data, new single-family home (SFH) sales in March increased 20% from February, and 66% from March 2020.…
The impact of climate change on real estate
But first…🌎 Happy earth week to everyone! 🌱 Several interesting stories hit the press this past week related to the ongoing impact of climate change on the housing industry. To…
![Record home sales in Q2 2021 [with charts]](https://wp-assets.stessa.com/wp-content/uploads/2021/04/14034405/pexels-pixabay-210617.jpg)
Record home sales in Q2 2021 [with charts]
The housing market continues its historical growth, with Redfin reporting some interesting and surprising facts about the past month. Median home-sale price increased 17% year-over-year to $338,225, a record. Asking…
President Biden’s $2 trillion infrastructure plan impact on real estate
President Biden’s $2 trillion infrastructure investment is set to shake up the real estate industry. The historical plan earmarks over $200 billion for low to middle income-focused housing initiatives. Tim…
