July 12, 2009
Economic Fundamentals
This recession has shown us the power of investing in towns with a diverse employment base because the impact it has on rents, vacancies and prices of real estate. Towns like Windsor are getting hit hard because of Chrysler’s woes and there is very little real estate investors who own in the city could do [...]
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June 18, 2009
Economic Fundamentals
Chris inspired me to put this together with his previous post. Here is the latest data that REIN Members look at when we study a real estate market. RBC’s Affordability Index measures the amount of pre-tax income that goes towards housing for the average person in the region it’s studying. Affordability = Avg Mortgage (with [...]
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