US Real Estate

White Families Have 10x Wealth of Black Families, According to New Research

By Thomas O'Shaughnessy | May 26, 2021
Household wealth in the U.S. is mostly concentrated in retirement accounts and home equity. Each accounts for roughly a third of all household wealth, according to an August 2020 U.S. Census report. However, this wealth is mostly concentrated among caucasian Americans. A new study by Clever confirms the extent of this racial wealth gap in […]
US Real Estate

New Study Finds Seller's Market May Shift in 2021

By Thomas O'Shaughnessy | May 20, 2021
The phrase “record breaking” is everywhere at the moment, from major companies reporting record-breaking returns to market experts who predict a record-breaking post-pandemic economic boom.  Although the housing market took a record-breaking nosedive in 2020, there’s light on the horizon as the U.S. inches its way toward recovery.     What does that mean for […]
US Real Estate

Should You Rent Your Property As an Airbnb?

By Thomas O'Shaughnessy | April 13, 2021
Renting a property on Airbnb can be a great way for real estate investors to diversify their portfolio or make more profit on their current properties. It can also be an excellent way to get started as an investor. Although the travel industry as a whole has taken a hit during the pandemic, trends are […]
US Real Estate

What You Need to Know About 1031 Exchanges

By Thomas O'Shaughnessy | March 12, 2021
If you invest in real estate, you’ll want to know about 1031 exchanges. They can save you a great deal at tax time if performed correctly when you sell a rental or other investment property. However, an incorrectly-executed 1031 exchange can become a costly nightmare. Here’s what you need to know to get it right. […]
US Real Estate

Who Are Millennial Home Buyers in 2021?

By Thomas O'Shaughnessy | March 3, 2021
First-time homebuyers during the COVID-19 pandemics face unique challenges to acquire a home in today's market. New house inventories are limited across the nation, existing homeowners are reluctant to sell in this period of uncertainty, and lenders are raising credit and underwriting standards for new loans. Millennials — those born between 1981 and 1996 — […]
US Real Estate

Should You Invest in Commercial or Residential Real Estate?

By Thomas O'Shaughnessy | February 10, 2021
Real estate is a popular investment choice due to its historical appreciation, steady income, and exceptional tax benefits. Investors typically focus on either residential or commercial properties. The COVID-19 pandemic has affected each category of real estate, which affects investors. For example, the stay-at-home orders have increased remote work from home and reduced out-of-home activity, […]
US Real Estate

New Study Finds Retirees Are Struggling to Pay Their Mortgage

By Thomas O'Shaughnessy | February 5, 2021
Most imagine retirement as a time of boundless leisure time, month-long vacations, and worry-free days. But for many retirees in the time of COVID, this is not the reality they face. According to a new study by Clever, many have not been saving enough, putting them in dire straits during the pandemic. Instead of playing […]
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