Real Estate Evictions and Lease Defaults
America is in a major Housing Affordability Crisis in 2022.
Rental Rates are up by over 15% in the last year, leaving many renters and future homebuyers with no money. Many of these renters are not paying rent, which could lead to a massive wave of evictions in 2022 and a real estate investor sell off.
Real Estate Evictions and Lease Defaults
The US Rental Market saw a big decline in evictions due to three US Government Policies: 1) the Eviction Moratorium, 2) Stimulus Checks, and 3) Renter Assistance Program. Even though many tenants defaulted on their leases during the pandemic, these policies prevented evictions and put money directly in the pocket of landlords, artificially stimulating the Housing Market and creating a Rental Bubble.
When no one can be evicted, the result is a shortage of available housing units. This has been a major contributing factor to why rent has surged across America. Particularly in cities such as Austin and Las Vegas, where rents are up by 25% YoY. But ultimately this is not sustainable.
With the government programs rolling off, tenants around America are left to pay rents they cannot afford. This will inevitably result in a wave of lease defaults and evictions in 2022. Eviction filings are already up significantly in the following cities: Houston, Fort Worth, Las Vegas, Columbus, Milwaukee, Austin, and Dallas.
This eviction surge could soon spread to the rest of the country, leaving a significant amount of vacant rental units and creating a Rental – Housing Crash.
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San Diego Real Estate Website for sale
www.brokerforyou.com *** This 24 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.
Over 28,000 average monthly unique visits to Brokerforyou.com in the last six months.
*NO you are NOT just getting a super San Diego URL, but, 24 years of great San Diego centered residential real estate content! Plus, great search engine rankings and most important, a HUGE amount of unique monthly visitors! If can’t see the very unique potential, perhaps you should save your time and NOT review the information below.
www.brokerforyou.com is 24 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.
There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 24-year-old website that has 2 to 4 times the content.
San Diego real estate opportunity www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.
Sure as a real estate professional in San Diego California, you most probably have a website. But take a look at it take a look at the traffic you’re generating from that website. From my own analysis the majority of San Diego real estate websites just generate a couple of hundred unique views per month. To even have a chance of gaining one new client you need tens of thousands of unique views.
Brokerforyou.com is for SALE
Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion! YouTube now operates as one of Google’s subsidiaries.
www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!
What’s the approximately monthly cost to host a website? With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month! Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.
Interested, call Bob Schwartz (619) 286-5604 for additional information
