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The Rate of Return on Everything 1870-2015

The Data Prove Government Is Spending Too Much **


2024 Tax Brackets *
Here are the inflation-adjusted tax brackets for 2024. (Note: These brackets apply to federal income tax returns you would normally file in early 2025.) It's also essential to keep in mind that the associated tax rates remain the same (currently 10%, 12%, 22%, 24%, 32%, 35%, and 37%).
[PINNED]  2023 11 09 | KIPLINGER

Focus on Value-Add Renovations for Big Gains

Breathing New Life Into Older Apartment Properties

There Are Some Good CRE Opportunities Looking Ahead
2023 11 28 | ALM  GLOBESTREET.COM 

Many Bet That the Federal Reserve Will Cut Rates Soon
2023 11 29 | ALM  GLOBESTREET.COM 

Multifamily Capital Markets Continue to Struggle
2023 11 29 | ALM  GLOBESTREET.COM 

CRE Pricing Forecast Is Down, Down, Down
2023 11 30 | ALM  GLOBESTREET.COM 

3 good reasons to discuss financial plans this Thanksgiving
How to Talk About Your Financial Plan While Passing the Pie ...
2023 11 20 | KIPLINGER

Multifamily goes from darling to distress in Texas **
For the past few years, Texas multifamily was one of the hottest real estate investments in the country ...

CBRE Says No Recovery Until Second Half of 2024 **
2023 10 31 | ALM  GLOBESTREET 

Apartment Rents Drop Even in High-Flying Markets **
2023 11 14 | ALM  GLOBESTREET 

Is It Better to Take RMDs Monthly or Annually?

Is the U.S. Going to Have to Raise Taxes?

Apartment Markets That Should Outperform in 2024 **
2023 11 09 | ALM GLOBESTREET  

Denver Multifamily Report – September 2023

Distressed CRE Reaches Ten-Year High **
2023 10 19 | ALM GLOBESTREET

Mortgage Demand Falls to Lowest Level Since 1994 **
2023 10 25 | KIPLINGER

Five Tax Moves Retirees Should Consider Before Dec. 31
2023 10 05 | KIPLINGER

2023 10 18 | Multifamily Remains a ‘Favored Nation’ CRE Asset Class *
Markets where people can “get away from the craziness” are performing well.

2023 10 12 | Opportunities appear as SF apartment values sink to 2014 levels  *
Non-institutional, all-cash buyers take advantage of prices not seen for nearly a decade

2023 10 18 | SF luxe apartment complex NEMA loses nearly half its value since 2018 *
$279M appraisal falls far below loan balance and signals multifamily is “off considerably”

2023 10 14 | Old West-style town appeared in 1986 film “Red Headed Stranger” *
Old West-style town appeared in the 1986 film “Red Headed Stranger”

2023 10 13 | McCombs plans $295M development near San Antonio’s Pearl District *
Partnering with Denver-based McWhinney on property purchased from CPS Energy

2023 10 03 | The Data Prove Government Is Spending Too Much **
"Be­tween 2013 and 2022, ag­gre­gate an­nual spend-ing by the 50 state gov­ern-ments, ex­clud­ing fed­eral funds, in­creased 51.7%. To­tal an­nual fed­eral spend­ing rose 69.4% dur­ing the decade, more than three times as fast as the 21.6% in­crease in the rate of pop­u­la­tion growth plus in­fla­tion. If gov­ern­ment grows faster than this rate, then it is grow­ing faster than what the av­er­age tax­payer can af­ford.

Had the fed­eral gov­ern-ment lim­ited the growth in spend­ing to a max­i-mum of the pop­u­la­tion growth rate plus in­fla­tion dur­ing that decade, in 2022 the fed­eral gov­ern-ment would have spent $1.6 tril­lion less than it did, re­sult­ing in at least a $200 bil­lion sur­plus. If the fed­eral gov­ern­ment had done this over the past two decades, the na­tional debt would have in­creased by less than $500 bil­lion in­stead of $19 tril­lion."

2023 10 05 | The Tax-Free Way to Rent Out Your Home **
The ‘Masters’ exemption’ isn’t just for property owners in Augusta

2023 09 28 | Return to Lender: Week of Sept. 28, 2023
Failed refi signals severe debt-funding gap for office 

2023 09 28 | Texas is 4th biggest resi market in U.S. **
Lone Star State valued at $3.3T 

2023 09 26 | Americans Finally Start to Feel the Sting From the Fed’s Rate Hikes *
Those who need to borrow now are getting a lot less for their money

2023 09 21 | Will You Outlive Your Money?
Americans are less prepared for retirement than they think and are at risk of running out of funds sooner than they realize, study shows.

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The Exact Age When You Make Your Best Financial Decisions*
The prime years for making smart financial decisions are, on average, 53 and 54. At around that age, people have accumulated knowledge and experience about money, spending and saving, but haven’t begun losing key analytic cognitive skills. It’s also roughly the age when adults make the fewest financial mistakes, related to things like credit-card use, interest rates and fees. Knowing what leads to the financial strength of your early 50s is valuable. Younger adults can delve more deeply into basics like inflation and interest rates to hedge against lack of experience, and those who are older can work to keep their analytical skills sharp. ...

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Federal Funds Rate - 62 Year Historical Chart
30 Year Mortgage Rate in the United States averaged 7.74 percent from 1971 until 2023, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021.

Fed officials see ongoing inflation risks that could require more rate hikes, minutes show
Fed officials warned of 'upside risks' to inflation at July meeting

Another ‘Good News, But Maybe Not’ Fed Meeting Minutes
Yes, there are signs that inflation is waning, but the Fed isn’t betting on a clear course to lower interest rates.

The Suburb That Defied Nimby ("not in my back yard")
New Rochelle streamlined approval processes and engaged with the local community to speed development of thousands of new apartments

CBO Director Phillip Swagel on U.S. deficit: An unusual and very challenging fiscal situation  [VIDEO]
Growth will help, but it's not adequate in and of itself. Solutions? (1) Raise taxes, (2) Cut spending, or (3) both.

Institutional Investors Are Primed to Buy Apartments in H2

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Are people leaving or moving to your county? Detailed maps show migration trends for your county *
Net migration in 2020-21 for U.S. counties. Select a county on the map or use the search bar to find more information on a county.

The Scary Math Behind the World’s Safest Assets*
The Federal Reserve’s fight against inflation has amplified the risk of an unthinkable fiscal crisis made possible by decades of Washington dysfunction. ... "The 10-year note’s yield is literally the risk-free rate used to value all other securities". 

Class A Apartments Outpace Other Classes for Demand

Where New Apartment Demand is Outpacing Supply
They number only 14 out of 50 markets but they stretch from coast to coast.

Institutional SFR Investors Slow Their Roll
Completed transactions slid to $412 million for the year’s first two quarters.

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Freddie Mac Outlook: Slow and Steady
Key indicators show that the MFR sector is gradually reverting to pre-pandemic norms.

Houston Partially Affordable Community Secures Refi
NewPoint Real Estate Capital provided the Freddie Mac financing.

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Dallas - Out Front on BTR Rentals

San Antonio - 301-Unit Affordable Housing Project to Rise in Stone Oak

San Antonio - 354-Unit San Antonio Luxury Apartment Hits Milestone

San Antonio - Shuttered River Walk Hotel to Rebrand, Reopen Next Year

Austin - Meta Adds to Austin’s Sublease Space

Houston - United Airlines Redoing, Expanding Houston Airport Terminal

*“New York Life Real Estate Investors strategically improved a timeless asset that featured large floor plans, garages, and unique amenities. Their hold period lined up well with a window in the capital markets where they could see an overwhelming amount of attention from investors, resulting in a successful sale,” said Stickel, executive vice chair at Cushman & Wakefield.

CONNECT CRE 2023-06-08

CONNECT CRE 2023-06-09

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CBO’s Estimate of the Budgetary Effects of H.R. 3746, the Fiscal Responsibility Act of 2023
Congressional Budget Office Letter  to Speaker McCsrthy 2023-05-30

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