Market reports that all investors should be looking at

Market reports that all investors should be looking at

Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes

https://altos.re/r/de24e9a    

WE get these weekly from our title company its a nice way to keep a finger on the market..

also answers the questions that many on BP want answers to.. IE  when it the market going to crash is it next week next month or next year..

 
1Reply
11 views

6 Replies

Jump to latestLatest
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    https://altos.re/r/85542a0   

    Here is the city were we currently building out a 23 home project.

    we are priced new construction at 439k to  469k  exactly the sweat spot..

    we have only 5 left after starting the year with 21 to sell..

    this project will start to finish in just about 1 years time.

    although from the time I put the first deposit on the dirt to the time we went vertical took two years.. so total 3 year process.

     
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    And lastly the town I live in

    https://altos.re/r/15fd2d9

    you can see this is upper end for the PDX area and things are softening on the 1 mil plus.

    I am thinking of taking my chips off the table pretty soon... I think the majority of the run up in this city has happened..

    5 years ago the median was closer to 700k..  

    Its these reports I monitor each week to get a feel of where things are going is it still a sellers market and is the trend going to buyers or neutral.

     
  • Malibu, CA · Member since 2018 · 32 posts · 6 votes
    8y

    Hi Jay,

    Nice suggestion. Out of curiosity, do you subscribe to any national brokerage reports? i.e. CBRE, Colliers, etc.

  • Investor · Grand Junction, CO · Member since 2017 · 207 posts · 201 votes
    8y

    Thanks for sharing.  Lots of good info here!

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Account Closed:

    Hi Jay,

    Nice suggestion. Out of curiosity, do you subscribe to any national brokerage reports? i.e. CBRE, Colliers, etc.

     NO I only watch the markets I am building in.. and these are very accurate.

  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Eric C.:

    Thanks for sharing.  Lots of good info here!

     its a good barometer ...

Join the conversationCreate a free account to reply, vote on answers and follow this thread.