Brad Simpson (@BradSimpsonla) header
Brad Simpson (@BradSimpsonla) profile picture

Multi-Family Real Estate Licensed accredited investor in Greater Los Angeles. Stock market enthusiast

Los Angeles
Joined March 2011
Photo by Brad Simpson (@BradSimpsonla)Photo by Brad Simpson (@BradSimpsonla)Photo by Brad Simpson (@BradSimpsonla)
This chart tells the story as to why investors are patiently waiting for Cap rates to come down. Reward has to be more compelling for "investors" to take on risk, irregardless of the tax benefits of owning RE. Owner users are the primary buyers until cap rates come down.
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The supply of residential housing for sale in the most competitive markets is likely to be constrained for some time due to well over half of property owners locking in sub 4% rates prior to this year. Question is will prices be flat, higher or lower 12 months from now?
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Brad Simpson retweeted
The cognitive dissonance is dizzying. Home sales are up. Personal income is up. Consumer confidence is fine. Interest rates are low. Unemployment is up. Retail sales are still down. Travel is depressed. Dining is at 50% capacity. These are signs of consumer bifurcation.
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Los Feliz and Mt. Washington among hottest areas for investors /house flippers la.curbed.com/2016/3/21/1127…
Petition to end daylight savings in California. Get it on the ballot already!! huffingtonpost.com/entry/cal…
Facebook plans to add more office space in Playa Vista m.la.curbed.com/archives/201…
According to Realty Trac, Los Angeles is #2 flipping market in the U.S.biggerpockets.com/renewsblog…
LA Real Estate market is about to be flooded with new high-rises m.nreionline.com/multifamily…
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