John Burns on LinkedIn: Bad news for U-Haul. 57% of apartment tenants are renewing their leases… | 10 comments (2024)

I know this is a great career opportunity because I have been doing much of it for the last 22+ years.As we have grown, I have been shedding the many hats I wear to people who are more qualified and specialized than I am. And as I have done that, we have only gotten stronger.We are hiring a Principal with the passion and ability to spearhead the growth of our research division. I can guarantee that you will get to work with some great team members and clients who are passionate about solving today and navigating tomorrow.#research #leader #growth #executivehttps://lnkd.in/gJ9H5KYj

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Thanks for spreading the word Jay.The interesting thing for me is the growth in the number of people who own 1-9 "investment properties." I run into them at conferences, and you see them online a lot.I've always been curious about the number of homes owned by elected officials.

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What is the hottest residential market in the country?Irvine is nearing buildout, which means that the new supply built every year to meet demand is about to end. This is already contributing to excess home price appreciation.https://lnkd.in/g2ehMV4wPaywalled source with charts: https://lnkd.in/gietKDkb

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What a roller coaster ride for the building materials industry the last 2 years!

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Real estate agents are seeing demand pickup for the first time this year.Sample was 1100 agents nationwide at month end.

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If you would like to participate in our surveys and see some of our insights, please sign up here. We survey home builders, land developers, land brokers, building product manufacturers, apartment developers, commercial RE investors, architects, real estate agents, remodelers, single-family rental owners lumber and building material dealers, and consumers.https://lnkd.in/gqPEKWzm

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Bad news for our friends in the cabinet and countertop business. I am meeting with one tomorrow who is very actively managing his business as well as any executive I know.

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Upon further investigation, last week's job growth report and resulting interest rate decline wasn't as negative as it seems.3 great points made in this Reuters article:1. Worker participation rate still at an all-time high2. Construction jobs still increasing3. Hurricane Beryl hit Texas the week of the survey, resulting in a surge in people not working due to bad weather, and a lot of the layoffs considered temporary (similar to a furlough)https://lnkd.in/gatEBahp

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