WS1133: Weekly Investor Update: November 21-27, 2021

Real Estate Investing on a Roll

Real estate investors bought a record-setting 18.2% or $63.6 billion worth of homes during the third quarter of 2021, up by 16.1% QoQ and 11.2% YoY,

Homebuyers: More Affordable Cities in 2022

Redfin predicts that more homebuyers will invest in affordable cities such as Columbus, Ohio; Harrisburg, Pennsylvania, and Indianapolis.

Home Sales Remain Resilient

Existing-home sales increased 0.8% MoM in October, marking two consecutive months of growth, according to the National Association of Realtors.

Home-buying Pushes Mortgage Demand Up

Buyers are rushing in during the traditionally sluggish Christmas season in anticipation of higher rates in the future. 

Top Performing Housing Markets

The October Market Hotness rankings of Realtor.com still lists Manchester-Nashua in New Hampshire as the top spot on the list for the 11th time since March 2020. 

Top Cities to Retire

Thirteen percent of American retirees are moving to Tennessee, according to a survey by a home services firm. 

Credit Scores Reach All-Time High

Since the start of the pandemic, Americans’ FICO credit scores increased by eight points to 716.

Top Cities are Attracting Job Seekers

Cities in the South and West are now the hottest spots for job seekers who relocate for better work opportunities and lower cost of living.

Single-Family Homes are Getting Bigger

The median single-family square floor area has increased to 2,337 square feet as of the third quarter, which is 6.2% bigger since the lows reached during the Great Recession.

Multifamily Construction Sentiment Improves in 3Q

The NAHB's Multifamily Market Survey reports that the Multifamily Production Index increased five points to 53 QoQ.

After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.
I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. 

I'm looking for five men to walk closely with who want to lead well at home and work.  
Email me at whitney@whitneysewell.com and tell me why you should be one of the five. 

whitneysewell.com  

VISIT OUR WEBSITE
https://lifebridgecapital.com/

Here are ways you can work with us here at Life Bridge Capital:
⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc

⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow

📝 JOIN THE DISCUSSION
https://www.facebook.com/groups/realestatesyndication

➡️ FOLLOW US
https://twitter.com/whitney_sewell
https://www.instagram.com/whitneysewell/
https://www.linkedin.com/in/whitney-sewell/

⭐ Be Our Guest!
We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over.
Apply here: https://lifebridgecapital.com/join-our-podcast/