3 Ways to Benefit From the Current Real Estate Market Without Selling Property

As we’ve discussed, the real estate market has been very exuberant in recent months. According to the National Association of Realtors, August total existing-home sales were up 10.5% from a year ago, and the median existing-home price was $310,600, up 11.4% from August 2019, marking the 102nd straight month of year-over-year gains.

Even if you’re not in the market to sell a house, it’s still possible to benefit from this market. Let’s take a look at three of the investing areas benefiting from the real estate boom. One caveat: We don’t know how long this current seller’s market will last.

Homebuilder stocks set to have strong Q3 results

The Census Bureau reported August new home sales were 4.8% above July and 43.2% above the August 2019 estimate of 706,000. The median sales price of new houses sold in August 2020 was $312,800, while the average sales price was $369,000. The

Read More Read more

Current Social Capital Hedosophia Holdings Corp II Price Values Opendoor Like A High Growth SaaS Company (NYSE:IPOB)

Surge in IPOB Price Due to Opendoor Announcement

Over the last month, shares of Social Capital Hedosophia Holdings Corp II (IPOB) have risen ~70%, in large part due to the announcement that IPOB will be used to bring Opendoor public. I was an early shareholder of IPOB with the overall thesis that given Chamath Palihapitiya’s impressive track record, there was a high likelihood that he would succeed in putting together a deal that would drive up the value of IPOB. That thesis has played out as expected leaving me with another question: now that the original thesis has played out, are the shares still worth holding?

ChartData by YCharts

There is already a lot of good research on the fundamentals of Opendoor’s business, so I will not repeat those details in this article. In particular, I recommend this Seeking Alpha article Knock Knock. Who’s There? Opendoor. Chamath Just SPAC’d The

Read More Read more

Current Real Estate Advisors Announces New Hire Stefano Santoro to Lead South Florida Expansion

TipRanks

3 “Strong Buy” Stocks That Are Flirting With a Bottom

In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally fluctuate on the basis of several factors like earnings results and the macro environment, amongst others, with investors trying to time the market and determine when stocks have hit a bottom. In practice, however, executing on this strategy is no easy task.On top of this, given the volatility that has ruled the markets over the last few weeks, how are investors supposed to gauge when a name is flirting with a bottom? That’s where the Wall Street pros come in.These expert stock pickers have identified three compelling tickers whose current share prices land close to

Read More Read more