Housagon

Is an Over Supply of New Homes on the Horizon? Is an Over Supply of New Homes on the Horizon? Seeing a lot of new home builder ads lately? You're not alone. Many people are experiencing a surge in these ads on social media, leading to concerns about a potential oversupply of housing. Let's delve into the data and separate fact from fiction. Analyzing the Numbers: Population Growth vs. Rental Supply Looking at nearly 15 years of data (courtesy of Propertyology, SQM, and ABS), a clear picture emerges. Population growth has seen a substantial increase, with the nation adding approximately 6 million people. This represents a significant demand driver for housing. However, the crucial factor is the trend in rental supply. After a period of oversupply around 2010-2011, which led to higher vacancy rates (around 4%), the trend has shifted dramatically. Rental supply has seen a concerning decline. ...

The Shifting Sands of Real Estate: How AI is Reshaping the Landscape The Shifting Sands of Real Estate: How AI is Reshaping the Landscape The world of real estate investing is evolving at an unprecedented pace. If you're clinging to outdated methods like manual deal sourcing, cold calling, and relying on stale market data, you risk being left behind. Artificial intelligence (AI) is no longer a futuristic concept; it's a present-day reality, empowering investors to identify off-market deals with remarkable speed, underwrite properties in an instant, and even anticipate market shifts before they occur. Large hedge funds and tech-savvy investors are already leveraging AI to secure prime deals, often before traditional investors even become aware of them. The question isn't whether AI will impact real estate—it already is. The crucial question is: will you harness its power to thrive, or will you be relegated to the sideli...