Hey Friends,
I have 3 fun facts for you today. I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
Self-storage advertised rates fell 1.2% YoY in January, a slowdown from previous months. The national average rent per SF rose 0.3%, MoM to $16.32, a turnaround from past years. Yardi Matrix forecasts a 15% drop in new self-storage supply in 2025.
Source: Yardi Matrix via CREDaily
Fun Fact 2:
There are around 1.8 million active listings of US homes for sale, the highest inventory since June 2020
Source: Redfin
Fun Fact 3:
The US federal government continues to show increases in spending that are outpacing the increases in tax revenue. (Obviously, and I hope we can all agree, we want to see BOTH numbers go down.)
Source: Charlie Bilello
“An investment in knowledge pays the best interest.” — Benjamin Franklin
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.
