MARKET & TRENDS: IRA INVESTMENTS
2024 Trends: Real Estate Investing With An IRA SEVERAL TRENDS COULD SIGNAL A UNIQUE OPPORTUNITY FOR INVESTMENTS MADE WITHIN SELF-DIRECTED IRAS.
TARA BOGARD
D uring the past year, the real estate market has witnessed a notable surge in available properties for sale, with inventory levels almost doubling in numerous regions. This upswing in availability can be attributed to a confluence of factors, including a rise in new housing developments and a deceleration in home sales.
THE IMPACT OF INCREASED INVENTORY According to recent statistics from the Federal Reserve Bank of St. Louis, the number of homes listed for sale in the United States nearly doubled during the past 12 months. In May 2024, approximately 787,722 homes were on the market, a stark
increase from just over 582,441 in May 2023. This upward trend in inventory is observable across various individual markets nationwide, offering numerous opportunities for investors. With diverse properties available, investors are better positioned to locate deals that best meet their investment objectives.
36 | think realty magazine :: july - august 2024
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