National Apartment Association (Naahq)’s Post

In today’s multifamily housing market, budgeting during challenging times requires innovative strategies and a forward-thinking approach. At PearlX, we’re committed to providing solutions that not only meet financial goals but also enhance the value and sustainability of your properties. The insights from this article by the National Apartment Association (Naahq) highlight the importance of staying agile and data-driven, something we prioritize in our work every day. Together, we can navigate these complexities and create a brighter future for the multifamily industry. #MultifamilyHousing #Budgeting #RealEstate #Sustainability #PearlX

𝗪𝗮𝗿𝗻𝗶𝗻𝗴 𝘁𝗼 𝗲𝘃𝗲𝗿𝘆𝗼𝗻𝗲! 𝗜 𝗱𝗶𝗱𝗻'𝘁 𝗿𝗲𝗮𝗹𝗶𝘀𝗲 𝗷𝘂𝘀𝘁 𝗵𝗼𝘄 𝗺𝘂𝗰𝗵 𝗼𝗳 𝗮 𝘀𝗰𝗮𝗺 𝘁𝗵𝗶𝘀 𝗶𝘀 𝘂𝗻𝘁𝗶𝗹 𝗷𝘂𝘀𝘁 𝗿𝗲𝗰𝗲𝗻𝘁𝗹𝘆! 𝗜'𝘃𝗲 𝗹𝗼𝘀𝘁 𝗧𝗛𝗢𝗨𝗦𝗔𝗡𝗗𝗦 £££ 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗽𝗮𝘀𝘁 𝟭𝟮 𝗺𝗼𝗻𝘁𝗵𝘀!!!! I sat down the other day and did an exercise that I bet most people in my situation won't do. I worked out just how much my personal and household expenses had increased by year on year. That means all of the fixed costs I have each month to live, own a home and have a family in the UK (things like food, council tax, mortgage payments, fuel, gas & electric etc). I found that my costs had gone up by just over 20%. Some individual items had gone up way more than that! Seriously, you should all check your bank statements over the past few years.... its shocking! But official figures tell us that inflation was only 10% and now down at what 4%, so how can that be? It's clear from every day life that EVERYTHING IS F'ing EXPENSIVE! What does this mean in reality? It means the few quid I had in a savings account a year ago now buys me 20% less of this stuff than it could of before. My cash has silently been erroded (in buying power) and i'm getting poorer not richer! But wait... I'm getting 5% interest on those savings so my cash is going up (I thought). Then realised that this just means my cash actually reduced by 15%... Now im really annoyed! So im still DOWN vs 12 months ago. Good job i've decided to put EVERYTHING into investments. Property Investments mainly. As I am able to make my cash grow by more and headge inflation correctly and actually build wealth rather than get poorer. I also want to help YOU do the same. If you've got some cash and want to invest in property in the UK send me a message and we can have a quick chat about how I can help you get the returns that could help you headge inflation and grow your cash. If you would rather not, thats fine too. Just please do me a favour and check your costs year on year and work out how much they have gone up by. You need to be aware of this to PROTECT yourself and YOUR FAMILY from the SILENT tax. And dont even get me started in Fiscal drag! #inflation #propertyinvestment

If rates drop, it will cost you… Historically, rates are currently low-normal…. Yes, right now, rates are in the low-normal range when you look at it historically. Rates in the 2’s, 3’s and even 5’s are NOT real — the ONLY reason we ever saw rates that low was because they were artificially created by the government via their quantitative easing (QE) programs. QE was incredibly expensive (for you, the taxpayer) and it was a contributing factor to the inflation we’ve all seen. You (the taxpayers) were paying for lower rates (with your tax dollars) and now the stuff you buy costs more (due to the inflation that low rates created). I know everyone wants to see lower rates but low rates have unintended consequences. And it’s possible rates stay where they are for awhile or even go higher from here and “possibly” never come back down. And if rates do come down, the price of real estate and construction products WILL increase (likely soar)… The solution… Buy or build now and secure your rate and cost. If rates drop, refinance. If rates don’t drop, you’ll be grateful you made your move sooner rather than later.

Navigating the commercial real estate market can be tricky with all these economic changes. Lucky for us, this article offers some clarity. Sharing for anyone who needs a bit of guidance: #CRE #EconomicIndicators

Commercial Observer published an article highlighting a recent poll that reveals 72 percent of investment sales and debt brokers anticipate a stronger year-over-year transaction volume on institutional deals above $50 million in 2024, despite continued challenges in borrowing money. The increased optimism among the majority is grounded in the Federal Reserve's indication in December that it had likely concluded its interest rate hikes and anticipated three rate cuts in 2024. Do you agree with this sentiment? https://lnkd.in/gVTFB-2k

😲 Just where does our money evaporate to! Haven't run a graph in a little while. Here's an interesting chart from a great article this morning (link in comment). It depicts where large chunks of gross income goes. 💸 Right now, Tax and Interest costs around 21% of household income. This means households have LESS money to spend on "nice to have" good and services than ever before. 10 years ago it was around 17%, and 20 years ago around 18%. Who is IMPACTED? 👉 People carrying higher debt (mainly home & investment loans) 👉 People on higher incomes, and those that have experienced "bracket-creep" = where their rising incomes push them into a new tax notional bracket Who is IMMUNE? 👉 People that have zero debt (although some may have rent supplemented) 👉 People on lower incomes that may pay a lower proportion of income tax per dollar they earn What's CHANGED? ➡️ Interest Rates (RBA) have increased significantly over the past 2-3 years ➡️ Incomes have steadily grown, leading to higher personal tax collections What WILL (probably) change in short term? ✅ Stage 3 Tax Cuts will come into effect after July 1 2024 ✅ Interest Rates may have peaked (or close) and reductions in interest rates should translate to lower interest costs per household Thoughts? Our brokerage's advice and financial services are generally complimentary. We've not charged a dollar yet. We're in this for our clients' best interests! James M. Brett. Principal. Awarded Broker. ☎️ 0439 591 759 Victor Simone. Mortgage & Finance Broker. ☎️ 0449 659 029 Andrew O'Brien. Mortgage & Finance Broker. ☎️ 0451 308 292 #economy #householdcosts #trulyfinance #finance #mortgages #commercialloans #assetfinance #bestbrokers Credit Representative Numbers 521733, 550284 & 550765 are authorised under Australian Credit Licence 389328

Unraveling the complex dynamics of economic indicators, the NAR's Forecast Summit reveals key factors influencing the industry today. From interest rates affecting borrowing and refinancing to the implications of fiscal policies, this analysis is indispensable for professionals aiming to navigate the CRE landscape adeptly. Explore the full article for a deeper understanding: https://lnkd.in/gj8c_nmx #CREInvestment #EconomicInsights #RealEstateTrends #FinanceLobby

Getting a grip on the CRE market just got easier! Found this insightful analysis from the NAR's summit. If you're in the industry, you can't miss this: #CREInvestment #MarketAnalysis

Good piece on one view of the impact of the coming rate cuts.