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23 July 2024 | 0 replies
Despite this drop, nearly half of transactions are still cash, showing continued confidence in the market.Median Sale Price: Prices held steady with a slight increase of 0.5%, reaching $420,000, showing resilience in the condo and townhome segment.Dollar Volume: Dollar volume decreased by 11.8% to $830.23 million, suggesting fewer high-value transactions compared to last year.% of Original List Price Received: Sellers received 95% of their original list prices, a small dip from last year’s 96%, indicating minor shifts in negotiating power.Median Time to Contract: A significant change here, with the median time to contract increasing by 56.3%, from 32 days to 50 days.
22 July 2024 | 10 replies
I see the next couple of years as a great time to get into this historically resilient market!
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19 July 2024 | 0 replies
The area I am targeting is a vacation destination that is rather seasonally resilient (working theory backed by decent to moderate research so far).If I can get past the zoning hurdle specific to mainly "wastewater" - referring to the collection of the toilet, shower, and sinks discharge - I want to purchase 10+ acres that allow me to scale to something quite significant in time.Â
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25 July 2024 | 62 replies
San Francisco, and most of California, will always remain resilient in spite of the government and politics not because of them.
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20 July 2024 | 28 replies
Not the first time a Windows computer went into BSOD lolRedundancy and resilience are huge factors, not only in aviation.
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18 July 2024 | 40 replies
But hear things area also picking back up more or less.I think the NE market is fairly resilient.
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14 July 2024 | 4 replies
An example of not recession resilient would be a karate studio or hair salon, things consumers cut back on when times are tough (and now you, the property owner, aren't getting rent, and thus might have challenges making your mortgage payment).
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15 July 2024 | 65 replies
This can mean some improvements, new and more resilient tenants, or just some attitude adjustments.
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12 July 2024 | 5 replies
The high vacancy rates in apartment properties in Memphis may be due to economic fluctuations and demographic shifts; however, they create a favorable environment for potential renters to find affordable housing and for rental owners to innovate and improve their offerings, ultimately contributing to a more dynamic and resilient housing market.
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11 July 2024 | 4 replies
Stay prepared, stay resilient, and always expect the unexpected.