July 29, 2019

Getting Our Affairs In Order

July 29, 2019/ Andrew Edwards

Took a trip to Creative Planning, a firm in Overland Park, Kansas, with my beautiful wife to take some time and get our affairs in order. Be sure you’re organized and that you have the best team ensuring everything is working together seamlessly. If you have any questions about getting your personal affairs in order, or would like some advice, reach out today.

Let's listen into my wife so she can tell you why we're at Creative Planning. *Revocable Trust

July 27, 2019

Building Materials Price Declines Led by Lumber and Plywood→

July 27, 2019/ Andrew Edwards

Prices paid for goods used in residential construction decreased by 1.1% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. The decline broke a four-month trend of increases and was only the fifth month over the past two years in which prices fell.

July 23, 2019

Great Opportunity - For Sale in Independence, MO

July 23, 2019/ Andrew Edwards

18 Apartments in this Low Rise 50+ building. Just got a new roof, decks, paint and parking lot sealed. On McCoy park, just one block from Independence square, Truman Library and public Transportation.

July 22, 2019

Only 54% of Americans Can Afford a Home

July 22, 2019/ Andrew Edwards

In the 130 metro areas we analyzed, only 54% of Americans can afford a home priced 20% below the median home price in their area—a reasonable proxy for an entry-level home¹. The recent plunge in mortgage rates to 3.7% from 4.9% in November added just 3% to that affordability figure.

July 11, 2019

Apartment Occupancy at Highest Level in Nearly 20 Years→

July 11, 2019/ Andrew Edwards

According to recent data from RealPage.com, strong leasing activity this summer has pushed occupancy levels to their highest level in nearly 20 years. U.S. apartment occupancy hit 96% in May, up 60 basis points (bps) from April.

July 10, 2019

Cost of Renting vs. Owning in Every State 2019

July 10, 2019/ Andrew Edwards

We see a lot of these "is it better to rent or buy" stories from time to time and we have covered them. However, the bottom line is that it's all about the local market conditions.

July 05, 2019

Record Levels of Capital Being Raised

July 05, 2019/ Andrew Edwards

2019 has been a record year with regards to Regulation D Private Placement Offerings and comparable to mid-2000 in terms of transaction volume and capital investment. Slight volume volatility in March was the only outlier with the balance of the year at or above expected execution volume. Execution volume is approximately on par with 2006 and 2016 which should lead to another year in the $1.5 trillion range insofar as total capital raised under the Regulation D programs.

June 28, 2019

Follow Along Friday with Joe Fairless

June 28, 2019/ Andrew Edwards

Got a special shout out from Joe Fairless on his “Follow Along Friday” feature!

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