National, Regional, Backyard News

Pearson RE Group
Dec 7, 2017
2 min read

One of my favorite quotes from Warrent Buffett - "Risk comes from not knowing what you’re doing".

While there is always inherent risk to any investment strategy, staying informed greatly improves your chances of success, and of avoiding potential pitfalls. Pearson Real Estate Group is your coastal Orange County investment specialists. By providing top-tier service, perspective, and insight, our goal is to help you make the most informed decisions.

Without further ado, here are a few of this week's notable headlines:

Stable Outlook for Multifamily “…Despite concerns that the real estate cycle is peaking—and with high levels of multifamily construction in some metros—fundamentals have steadily improved and sales remain robust. Apartments remain a favored property type among real estate investors…” (NREI)

Worsening Housing Affordability in US Costs Renters $2,000 Per Year “…rising housing rents are eating up an increasingly large share of incomes, costing the typical renter $2,000 per year… For many people, that can mean less cash to put toward paying off student debt, building an emergency fund, or saving for retirement. For those hoping to buy a home, it could be a significant part of their down payment…” (Zillow)

3 REITS About to Surge On Retiring Boomers “It’s the biggest demographic tidal wave ever to sweep the U.S. …3 quick ways to profit from it… Boomers—not the millennials—are driving rental demand these days… You can bet this trend is still in the early innings…” (Forbes)

GOP Set to Eliminate One of the Biggest Benefits of Owning a Home “The GOP tax bill should keep homeowners on alert. The House's version, halves the mortgage interest deduction, to the first $500,000 of a loan. The Senate's version maintains the status quo at $1 million but removes the current deduction for interest paid on home equity debt…” (Business Insider) Practical Tips for First Time Landlords “Rental properties can be an outstanding source of income. However, in order to be successful as a first-time landlord, you must constantly learn and adapt. For landlords who are just starting out, I’ve compiled some of my best tips to help avoidcommon pitfalls.” (Forbes)

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