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5 at 5: Your Daily Digest for Real Estate Investing, 06/25/2020


Jun 25, 2020 by Marc Rapport

In Today's News

Summer Buying Season Showing Some Sizzle

The residential real estate market nationwide is, according to Realtor.com, nearly back at pre-COVID-19 activity levels, with the greatest recovery in Seattle; Denver; Boston; Jacksonville, Florida; and Philadelphia. In a separate report, the listings site says second home sales are helping drive a surge in the luxury market.

Discounted New House Deals Might Be Harder to Come By

Enticing investments might be harder to find in new developments. The National Association of Home Builders said today that the percentage of builders willing to discount to drive sales is plummeting in a market deemed to be on the rise.

GNC Seeking Buyer, Shutting Down Hundreds of Retail Shops

Another longtime tenant in retail space across the country has declared bankruptcy. GNC Holdings (NYSE: GNC) said this week it will do a Chapter 11 reorganization and close 1,200 of its 7,300 stores as it seeks a buyer for its vitamin and wellness businesses.

Ross Stores (NASDAQ: ROST), Costco (NASDAQ: COST), O'Reilly Auto Parts (NASDAQ: ORLY) Deemed Most Exposed to COVID-19 Surge

That's according to an analysis of where major retailers have their stores. Those three had high concentrations in states now seeing record infections. And there are more.

Today on Millionacres

Better Buy: STAG Industrial vs. Prologis

Industrial real estate investment trusts (REITs) invest in the demand for transportation, logistics, and delivery hubs, and they might be a good investment for you. Millionacres' Tyler Crowe compares two prominent players in this niche: Prologis (NYSE: PLD) and STAG Industrial (NYSE: STAG).

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Are you looking for the next hot real estate market? Want to know how new rules and regulations could impact your next home purchase or real estate investment? Would you like to find out which improvements to your property will get you the most bang for your buck? We cover all these things and more in our newsletter, Paydirt.

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Marc Rapport has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Stag Industrial. The Motley Fool recommends Costco Wholesale. The Motley Fool has a disclosure policy.

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