Where’s the California Real Estate Market Going in 2024?
C.A.R. Releases Positive 2024 California Housing Market Forecast, Anticipating Rebound Los Angeles, September 20, 2023 — The California Association of Realtors (C.A.R.) has released its “2024 California Housing Market Forecast,” projecting a notable rebound in the state’s housing market. The forecast indicates that slower economic growth and cooling inflation will contribute to a more favorable […]
Richard Uzelac’s Best Places to Buy Rental Properties
Best Places to Buy Rental Properties Acquiring rental properties offer a lucrative opportunity for generating passive income and building long-term wealth. However, not all real estate markets are created equal when it comes to investing. The best locations to buy rental properties are affordable areas with strong job growth, low vacancy rates, and solid […]
5 Year Housing Market Forecast by Richard Uzelac
The housing market is forecasted to undergo significant changes and surprises between now and 2027, according to the predictions. The market saw huge growth in prices and rents in 2021-2022, fueled by low-interest rates and limited supply. But this led to declining affordability. The U.S. housing market has gone from being hotter than a cast […]
Real Estate Entrepreneurship by Richard Uzelac
Real estate entrepreneurship is an exciting journey that involves identifying and pursuing business opportunities within the real estate industry. To succeed in this field, you need to adopt an entrepreneurial mindset and equip yourself with a strong real estate education. Many real estate entrepreneurs start their journey as real estate investors. They may engage in […]
How to Save For a House
I remembered when I was at the age of 15 when I vowed to get fit. I started small, going for short jogs and swapping fast food for salads. Over time, I got into weightlifting. Now at the age of 65. Richard Uzelac didn’t regret his decision over deciding to prioritize health. I am in […]
Renting Vs. Owning a Home?
Richard Uzelac When faced with the decision of renting or buying a property, many people tend to focus solely on the financial aspects. While affordability plays a vital role, it’s essential to broaden our perspective and consider the overall product and lifestyle each option offers. Factors like neighborhood dynamics, quality of life, and rental availability […]
Pros and Cons of Owning a Luxury Home by Richard Uzelac
Pros and Cons of Owning a Luxury Home by Richard Uzelac Buying a home is an important financial decision with long-term implications. While many people aspire to live in a luxury home with all the amenities and features, it’s essential to understand the realities of homeownership. Besides the initial cost of buying a house, there […]
Suburbs vs. Cities by Richard Uzelac
If our home has the potential to contribute to our happiness, then it becomes crucial to approach the selection process of living in suburbs or cities with care and consideration. Home is more than just a physical structure; it is a sanctuary where we seek comfort, security, and a sense of belonging. The choice between […]
Real Estate Investing by Richard Uzelac
Real estate investment is widely recognized as one of the most reliable and intelligent methods for wealth accumulation. It has garnered immense popularity among millions of individuals in the U.S. and worldwide, allowing them to expand their wealth and diversify their investment portfolios. One significant advantage of real estate is its historical resilience during economic […]
The Benefits of Owning a Rental Property and Analyzing Them by Richard Uzelac
The Importance of Having a Rental Property by Richard Uzelac Having a rental property can be a lucrative investment for several reasons. Firstly, it generates income through rental payments, which, after covering expenses, becomes a steady source of profit. Secondly, owning a rental property allows you to build equity. By purchasing a property at a […]