Economists Outlook, Supermarket Sweep, and How To Become An Investor
Zillow Economist on what to expect from the real estate market in 2021
We want to check ✅ something that we are paying attention to 🕵️♀️ and that has to do with real estate because it's been a good year 🎊 for a lot of people, especially if they were selling in certain locales 📍. Jeff Tucker, a Zillow economist 👨🏫, he's joining us now.
How to Get Started in Real Estate Investing
Investing in real estate isn’t as hard 😫 as it may seem. You don’t need hundreds of thousands of dollars 💵 or years’ experience running rental properties 🏢. With some motivation, a little money, and the desire to succeed, anyone can invest in real estate. Before you start investing in real estate, choose your investment strategy. When you purchase a home, will you hold and rent or fix 👨🔧 and flip?
Properties Near ALDI Perform Better Than Whole Foods
If you’re thinking 🤔 about investing in a rental property, you might want to look 👀 at buying near an ALDI 🛒, according to ATTOM Data 💾 Solutions’ annual 2020 Grocery Store Wars 🥫 analysis. Properties near an ALDI had an average gross flipping ROI of 58 percent, compared to properties near a Whole Foods 🥬, which had an average gross flipping ROI of 36 percent and Trader Joe’s 🏴☠️ at 30 percent, according to ATTOM.
2021 Expectations For The Luxury Real Estate Market
The real estate market in the U.S. 🇺🇸 and around the world 🌎 had an active and unique year in 2020, seeing many high net worth 🤑 individuals and families 👨👩👧👦 moving from high-density urban 🌆 and cosmopolitan areas to the suburbs 🏘 and warmer climate areas 🏝. Here, members of the Haute Residence network in Georgia, Illinois, North Carolina, and Tennessee share their insights on what they expect for their markets in 2021.
Opendoor Spikes as Market Warms to iBuyer Real-Estate Companies
The arrival of the tech-driven 🦾 real-estate company Opendoor Technologies in the open market is casting 🎣 new light 🔦 on the property tech sector, particularly the “iBuyer” 🤖 market in which companies buy homes 🏡 from consumers 🛍 and aim to sell them at a profit.