Words that Work Week 158 (1)

It really is impressive what the Auben teams have been able to accomplish against the backdrop of navigating a pandemic, while also establishing offices in Chattanooga and Columbia as well transitioning into a new office in Augusta.

This week we return to book club and I am very excited to hear DaVana discuss Rich Dad/Poor Dad. If you are interested in investing, this is a great place to start. It forces us to ask the question if our money is working for us or if we are only working for our money?

This week’s words are from Ray Dalio and are about questions and the deciding who we ask them of. IMO, there’s no better starting point than ourselves! It’s great for self-awareness and  a good tool to increase your personal accountability.

Ray says: One of the most important decisions you can make is who you ask questions of.

If big money bails in any of our markets, it is a huge opportunity for us!

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Great, great news for smaller investors.

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A recession doesn’t (always) mean falling home prices…..

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Some Improvement on the Home Affordability Front Means Buying is Becoming a Little Easier. 

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We ALWAYS recommend hiring a professional photographer when it comes to real estate photos. 

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Even in the luxury real estate market the current market conditions have created a hesitancy to sell in the minds of potential home sellers. Creating Seller Confidence: Hint:  inventory is still low, low, low.

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Class C apartments showing some strain: Rentas have grown more slowly for Class C properties, while retention rates have “dropped more than expected.” 

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Commercial Valuations slumping. Sales of commercial real estate assets are likely to continue at a robust clip, despite decreasing valuations, led by the multifamily, industrial, and retail sectors. 

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While the cost of homeownership remains sky-high in most of the US, new research shows it “is still quite possible” in cities across the Midwest and Northeast. Here are the best places to buy a home:

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After two years of fierce jockeying for a low supply of middle- and high-priced homes during the pandemic, competition is now the strongest for a tightening supply of lower-priced homes, according to a new Zillow analysis.

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Grocery, energy, transportation costs take a toll on a large number of consumers. But the residents who are most likely to miss rent payments might surprise you.

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BuiltHow podcast is dedicated to understanding the secrets behind how the most productive professionals in the real estate industry and beyond have built the businesses they have today.

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