by Erika Luitjens | Oct 15, 2019 | Fund News, REGF Quarterly Newsletter
I was recently at a small real estate conference discussing market outlook. There were a number of diverse opinions as to why the present real estate market is behaving so uniquely. Everyone agreed that, with high employment and low interest rates, the market...
by Erika Luitjens | Aug 15, 2019 | Fund News, REGF Quarterly Newsletter
Now that the Fed has lowered interest rates, the mortgage market is heating up. However, the majority of that increase is due to refinancing current mortgages and not new purchases. The real estate market continues to be flat across the country, with industry experts...
by Erika Luitjens | Apr 30, 2019 | Fund News, REGF Quarterly Newsletter
Overall, sales in the real estate market were slow during the first quarter of this year. The winter season is traditionally a time of slower real estate activity. However, in March, the Federal Reserve mentioned there would be no rate increases for the rest of 2019....
by Erika Luitjens | Jan 31, 2019 | Fund News, REGF Quarterly Newsletter
After studying the nationwide real estate market very closely, we believe the odds are that 2019 will be a flat year. We still see houses in some areas of the country commanding multiple offers, while others in those same areas are having to cut their listing prices....
by Erika Luitjens | Nov 1, 2018 | Fund News, REGF Quarterly Newsletter
Real Estate Growth Fund sold 28 properties and 3 mortgages in the 3rd quarter. REGF also continued to purchase properties through auction channels as well as banks. We are networking with other large banks to increase our deal flow through them. The real estate market...
by Erika Luitjens | Jul 30, 2018 | Fund News, REGF Quarterly Newsletter
Real Estate Growth Fund’s second quarter was particularly busy on the acquisition side of the business. We benefited from one seller who reduced prices and accepted lower offers in order to close out their quarter strong. REGF acquired 63 properties throughout the...