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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 โœ… something that we are paying attention to ๐Ÿ•ต๏ธโ€โ™€๏ธ and that has to do with real estate because it's been a good year ๐ŸŽŠ for a lot of people, especially if they were selling in certain locales ๐Ÿ“. Jeff Tucker, a Zillow economist ๐Ÿ‘จโ€๐Ÿซ, he's joining us now.

How to Get Started in Real Estate Investing

Investing in real estate isnโ€™t as hard ๐Ÿ˜ซ as it may seem. You donโ€™t need hundreds of thousands of dollars ๐Ÿ’ต or yearsโ€™ experience running rental properties ๐Ÿข. 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 ๐Ÿ‘จโ€๐Ÿ”ง and flip?

Properties Near ALDI Perform Better Than Whole Foods

If youโ€™re thinking ๐Ÿค” about investing in a rental property, you might want to look ๐Ÿ‘€ at buying near an ALDI ๐Ÿ›’, according to ATTOM Data ๐Ÿ’พ Solutionsโ€™ annual 2020 Grocery Store Wars ๐Ÿฅซ analysis. Properties near an ALDI had an average gross flipping ROI of 58 percent, compared to properties near a Whole Foods ๐Ÿฅฌ, which had an average gross flipping ROI of 36 percent and Trader Joeโ€™s ๐Ÿดโ€โ˜ ๏ธ at 30 percent, according to ATTOM.

2021 Expectations For The Luxury Real Estate Market

The real estate market in the U.S. ๐Ÿ‡บ๐Ÿ‡ธ and around the world ๐ŸŒŽ had an active and unique year in 2020, seeing many high net worth ๐Ÿค‘ individuals and families ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ moving from high-density urban ๐ŸŒ† and cosmopolitan areas to the suburbs ๐Ÿ˜ and warmer climate areas ๐Ÿ. 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 ๐Ÿฆพ real-estate company Opendoor Technologies in the open market is casting ๐ŸŽฃ new light ๐Ÿ”ฆ on the property tech sector, particularly the โ€œiBuyerโ€ ๐Ÿค– market in which companies buy homes ๐Ÿก from consumers ๐Ÿ› and aim to sell them at a profit.

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