Strong Housing Market Provides Investment Opportunity

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The housing market is seeing an influx of millennials, who for years delayed the purchase of their first home but now are expected to flood into the market. A persistent lack of inventory and others looking to buy is impeding the flood. This situation is driving demand for construction and rehab funding through the roof.

Realtor.com predicts the following for the coming year: 

  • Existing home sales are expected to be up 7% 

  • Single-family housing starts are forecasted to grow by 9% 

  • Median sales price of existing single-family homes is expected to rise by 5.7% 

  •  Mortgage rates are expected to remain low in 2021 at 3.2%

The current market offers an opportunity to real estate investors and homebuilders, that is if they can find funding for their projects. That’s where Advest, specializing in the Pennsylvania, New Jersey, and New York markets, comes in. As a direct-to-borrower lender that is a fiduciary to investors, Advest connects projects with funding. The Fund is attractive to experienced borrowers, too. Exceptional “white glove” service, rapid turnaround on approved projects, in-house loan servicing, and surety of execution make for an excellent lending experience. 

For a comprehensive guide to Real Estate Debt Funds, download our free eBook.

Market ViewsJeff Persinger