Ron Cadman

2020 is fast turning out to be an up-and-up year for the housing sector, driven by increased job markets and low mortgage rates. However, those in the market for a new home this year may have problems looking for one, according to Ron Cadman of residential and commercial property developer Investar USA. Real estate professionals say that generally speaking, the growth of the housing industry this year will be solid but modest and will carry over to 2021. This is driven by expert anticipation that the sector will finally have a real effect on GDP growth. And because of the mixture of more people getting employed and interest rates plummeting, consumer spending will increase, and more people will be shopping for new residential properties. The positive developments are bolstered by the recent signing of the Phase One deal in the ongoing U.S.-China Phase trade talks. And, though much has yet to be done to improve foreign relations with the Asian nation ultimately, players in the r...

Investar USA – Why Workforce Housing Will Continue to Produce the Biggest Multifamily Returns Workforce housing investment may be the smartest strategy going into 2019. According to a report by the United States Commercial Real Estate Services, workforce housing has outperformed other multifamily asset classes by a substantial margin. The following article from Investar USA discusses the reasons behind the growth of workforce housing. Investar USA is currently focused on real estate investment in the Southwestern U.S. Luxury multifamily buildings are the most popular assets among experienced real estate investors, yet they might not be the most profitable, or the most secure. Workforce housing, also known as Class B or affordable housing, may deliver the greatest potential for long-term returns. Here are a few reasons why workforce housing could offer the best ROI for all levels of investors. Affordable housing will always be in demand. The demand for workforce housing is high,...

2019 is fast becoming an interesting year for the United States housing market, where the words “slow” and “steady” are predicted to best characterize it this year. This follows a 2018 that began with fast rising demand that slowed down later in the year due to factors like high prices and fewer choices. Here’s a closer look at what to expect in this real estate segment this year, according to industry veteran Ron Cadman. Image source: Pixabay.com Realtor.com has the numbers, foremost of which is forecasting home prices to rise by 2.2 percent nationally. There are a couple of exceptions, though, such as the largest predicted price increases in areas from the 50 biggest markets, such as Grand Rapids, Michigan, at 8.2 percent and Boise City, Idaho, at 6.9 percent. It also anticipates that mortgage rates will reach 5.5 percent by the end of 2019, meaning the average home will cost 8 percent higher per month than it did in 2018. According to a Reuters poll of property ex...