Nashville Lot's RS5-to-R6-A Rezoning Passes Second Reading
Nashville's council passed a bill rezoning 713 27th Avenue North from RS5 to R6-A on second reading Nov. 5, 2026; the bill now stands at third reading.


04Your Deal
+$226/mo
Monthly cash flow
Market Data to Deal Analysis
Type an address or paste a listing link. We fill in the price, rent and taxes for listed homes and show if it cash flows.
News Desk
Real estate news for investors, updated through the day.
Nashville's council passed a bill rezoning 713 27th Avenue North from RS5 to R6-A on second reading Nov. 5, 2026; the bill now stands at third reading.
By Market
Markets Map →Metros where permits, jobs or prices just made an unusual move.
All Stories
Nov 8 · 1:39 PM PTConnecticutRentalsConnecticut Senator Floats a ZIP-Code Mandate for Section 8 VouchersA Connecticut Housing Committee co-chair says the state may need to require ZIP-code voucher values. Only the Hartford area must use them now. Read full story →
Nov 8San Francisco, CAMarket DataSan Francisco Issues Permit for 168 Homes at 321 Florida StThe city issued a permit on Nov. 6 for a nine-story building with 168 homes and retail space at 321 Florida St, city permit records show. Read full story →
Nov 7Riverside, CAMarket DataRiverside Panel to Weigh Rezoning 1.3 Acres for a Fueling StationRiverside's Planning Commission hears a plan Nov. 19 to rezone Arlington Avenue lots for a fueling station and store; the City Council decides later. Read full story →
Nov 7U.S.FinanceING Reportedly Shops $500M in Data Center Loans After the MidtermsING is taking bids on 12 data center loans worth about $500M, Bloomberg reported, after midterm voters backed data center limits in most ballot measures. Read full story →
Mortgage Rates Slip to 7.18% in Election Week as Banks Tighten CreditNov 7U.S.Market Data
Adkisson and PCCP Buy 2.7M-SF Northwest Houston Industrial CampusNov 7Houston, TXFinance
Nov 6U.S.Market DataNAHB Apartment Index Falls to 41 as Census Permits Rise 6%NAHB's apartment developer index fell five points to 41 in Q3, all four parts below 50, while Census permits for 5+ unit buildings rose 6.3%. Read full story →
Nov 6Milwaukee, WIFinanceMilwaukee County Adopts $798,790 Levy for Regional Planning in 2027Milwaukee County's board adopted a $798,790 levy as its share of the regional planning commission's $2.34 million 2027 budget, the county's record shows. Read full story →
San Antonio Jumps 67 Spots to Ninth in NAR's Commercial Demand IndexNov 6Several MarketsMarket DataCreate a Free Account
This Week's Data
Most Covered This Week
On Zillow, Redfin, Realtor.com and Homes.com, with break-even rent on Zillow search results: cap rate · cash-on-cash · DSCR
Market Data
What borrowing costs today, where rent pays the most against price, and the lines that frame both.
Source for the 30-year rate: Freddie Mac Primary Mortgage Market Survey. Every other figure names its own source and date.
The 30-year rate is 2.32 points above the 10-year yield. The historical norm is about 1.7 points. That extra spread is what lenders charge for risk.
| Date | 30-Yr Mortgage | 10-Yr Treasury | Gap |
|---|---|---|---|
| May 7, 2026 | 6.37% | 4.41% | 1.96 pp |
| Jun 4, 2026 | 6.48% | 4.47% | 2.01 pp |
| Jul 2, 2026 | 6.43% | 4.49% | 1.94 pp |
| Aug 6, 2026 | 6.69% | 4.69% | 2.00 pp |
| Sep 3, 2026 | 6.71% | 4.77% | 1.94 pp |
| Oct 1, 2026 | 7.28% | 5.24% | 2.04 pp |
| Nov 5, 2026 | 7.18% | 4.84% | 2.34 pp |
Source: Freddie Mac Primary Mortgage Market Survey (Nov 5, 2026) · U.S. Treasury 10-year yield (Nov 6, 2026).
Each bar runs from the 5-year low to the 5-year high. The filled dot is today; the ring, where shown, is six months ago.
| Measure | 5-Yr Low | Latest | 5-Yr High | As Of |
|---|---|---|---|---|
| 30-Yr Mortgage | 2.98% | 7.18% | 7.79% | Nov 5, 2026 |
| FHFA Home Price Index | 353 | 450 | 452 | Aug 1, 2026 |
| Fed Funds Rate | 0.08% | 3.88% | 5.33% | Oct 1, 2026 |
| Unemployment | 3.4% | 4.1% | 4.5% | Oct 1, 2026 |
| Housing Starts (K) | 1,182 | 1,221 | 1,807 | Sep 1, 2026 |
Freddie Mac · Census · BLS · FHFA · NY Fed · trailing 5 years to Nov 5, 2026.
Cap rate proxy: a year of HUD Fair Market Rent on a three-bedroom home, less 50% for operating costs, divided by the home value. Darker tiles yield more. Tap a state to open its page.
| State | Cap Rate |
|---|---|
| Illinois | 3.9% |
| West Virginia | 3.7% |
| Delaware | 3.6% |
| New Jersey | 3.6% |
| Florida | 3.6% |
| Iowa | 3.4% |
| Indiana | 3.4% |
| Oklahoma | 3.4% |
| Michigan | 3.4% |
| Texas | 3.4% |
| Pennsylvania | 3.4% |
| Maryland | 3.3% |
| Nebraska | 3.3% |
| Vermont | 3.3% |
| Louisiana | 3.3% |
| Minnesota | 3.3% |
| Mississippi | 3.3% |
| Missouri | 3.3% |
| Kansas | 3.3% |
| Maine | 3.2% |
| Arkansas | 3.2% |
| Connecticut | 3.1% |
| Kentucky | 3.1% |
| Virginia | 3.1% |
| Alabama | 3.1% |
| Georgia | 3.1% |
| South Carolina | 3.0% |
| District of Columbia | 3.0% |
| Massachusetts | 3.0% |
| South Dakota | 2.9% |
| Arizona | 2.9% |
| North Carolina | 2.9% |
| Alaska | 2.9% |
| New York | 2.9% |
| New Mexico | 2.9% |
| Nevada | 2.9% |
| New Hampshire | 2.8% |
| Tennessee | 2.8% |
| Colorado | 2.8% |
| Rhode Island | 2.8% |
| Montana | 2.8% |
| Oregon | 2.8% |
| Ohio | 2.7% |
| Wisconsin | 2.7% |
| North Dakota | 2.6% |
| Washington | 2.6% |
| Hawaii | 2.6% |
| Idaho | 2.5% |
| California | 2.5% |
| Wyoming | 2.5% |
| Utah | 2.3% |
HUD Fair Market Rents (FY 2027) and ZIP-level home values · Nov 9, 2026. State figures weight each metro by population. Tiles are a grid, not geography.
The same measure as the state map, in metros over 250,000 people. It compares rent with price and does not say where to buy.
| Metro | Cap Rate |
|---|---|
| Peoria, IL | 4.8% |
| Scranton-Wilkes-Barre, PA | 4.1% |
| Cape Coral-Fort Myers, FL | 4.1% |
| Lakeland-Winter Haven, FL | 4.0% |
| North Port-Bradenton-Sarasota, FL | 4.0% |
| Port St. Lucie, FL | 4.0% |
| Davenport-Moline-Rock Island, IA-IL | 3.9% |
| Lubbock, TX | 3.9% |
| Fayetteville, NC | 3.9% |
| Syracuse, NY | 3.9% |
HUD Fair Market Rents (FY 2027) and ZIP-level home values · Nov 9, 2026.
Fastest five-year home price growth among metros over 250,000 people. Bars start at zero.
| # | Metro | 5-Yr Price Growth |
|---|---|---|
| 1 | Atlantic City-Hammonton, NJ | 68.9% |
| 2 | Trenton-Princeton, NJ | 64.1% |
| 3 | Syracuse, NY | 64.1% |
| 4 | Rockford, IL | 63.8% |
| 5 | Knoxville, TN | 63.5% |
| 6 | Savannah, GA | 63.5% |
| 7 | Rochester, NY | 61.9% |
| 8 | Charleston-North Charleston, SC | 61.6% |
FHFA House Price Index · 5-year change · 2026 Q2.
Composite of serious delinquency, entrenched stress, forbearance and REO share. Top 8 states, 2025 Q4.
| State | Index | Reading |
|---|---|---|
| Louisiana | 30.0 | Elevated |
| West Virginia | 29.1 | Moderate |
| District of Columbia | 28.8 | Moderate |
| Mississippi | 25.6 | Moderate |
| Alabama | 18.4 | Moderate |
| Maryland | 17.5 | Low |
| Texas | 17.5 | Low |
| Illinois | 17.5 | Low |
Fannie Mae and Freddie Mac loan data, REI Prime index · quarterly, 2025 Q4.
Meters show where a reading sits against the line that matters.
Elevated. Lenders are pricing in extra risk beyond the Treasury move.
Builders hold more inventory than buyers are absorbing.
A typical all-cash yield sits well below the cost of debt, so leverage costs you cash flow unless rents or price terms beat the average.
Freddie Mac PMMS (Nov 5, 2026) · U.S. Treasury 10-year (Nov 6, 2026) · Census New Residential Sales (Sep 2026) · HUD Fair Market Rents (FY 2027) and ZIP-level home values · Nov 9, 2026.
What's a good GRM for a duplex? Two $269,000 duplexes share a gross rent multiplier of 8.6, yet one nets a 6.0% cap rate and the other 4.1%. Here's why.
Books

Second edition, updated for 2026. Follow one investor from a layoff scare to five units in 24 months, on a $78,000 salary and without quitting his job. Then run the same five PRIME phases on your first deal.
Book Reviews
Start Here
Work the five phases in order. Each one has three drawers: Mindset, Strategies and Tools.
Tools · run the numbers on any deal or market
Cap rate, cash-on-cash and DSCR for any listing or address. Pick what you're buying for, and see the numbers in one click.
Cap rate, cash-on-cash and DSCR, computed live on Zillow, Redfin, Realtor.com and Homes.com, with break-even rent right on Zillow search results.
Federal-data dashboards for every U.S. metro. Cap rate, rents, migration and permits, updated as each agency publishes.
Jump to a metro
Learn · the latest across every phase
Step-by-step paths through each PRIME phase.
Research12 min readHow to Analyze the Housing Market: The Investor's Guide to Federal Data and Market Cycles
Manage2–4 weeksThe Tenant Screening System That Reduced Our Vacancy Rate to 2.1%
Expand1.5–2 hoursPortfolio Scaling and 1031 Exchanges: Growing Beyond Your First Few Properties
View allAll guides→Analysis for investors who want substance, not hype.
Invest8 min read · Nov 8Gross Rent Multiplier for a Duplex: Why the Same GRM Can Be Two Different Deals
Research8 min read · Nov 6How to Tell If It's a Buyer's Market: 5 County Numbers, and the One That Misleads
Research9 min read · Nov 3Fair Market Rent 2027 by Metro: Why HUD's Number Fell in Dallas and Rose 13% in Chicago
View allAll articles→Real-stakes scenarios. Pick a side, then defend your call.
Intermediate6 min read · Nov 9Your Seller Wants to Stay 60 Days After Closing. Yes, No, or Close Later?
Intermediate6 min read · Nov 6Chicago Has Fewer Jobs Than a Year Ago. Rents Still Rose 4.7%. Which Do You Underwrite?
Intermediate5 min read · Nov 4Your Metro's Voucher Rent Fell 6%. Your Section 8 Tenant Renews in March.
View allAll scenarios→Bite-sized episodes on mindset, strategy and market moves.
Deals, strategy and market moves from Martin Maxwell. Free, no spam.