22 April 2020 | 10 replies
You'll find that different areas, property types, condition of property, target market tenants, etc. all impact what the actual numbers will be.You may want to explore and understand the 1% Rule and pick your number.
12 April 2020 | 4 replies
The thread on the Las Vegas market has been a major help providing leads for me to do more research and I'm really hoping to get more info on Phoeni. I've noticed some inspiring companies and jobs relative to manufac...
12 April 2020 | 0 replies
For those of you who wholesale real estate, how has the corona virus impacted wholesalers?
19 April 2020 | 25 replies
I agree with the general consensus of hospitality, retail, and office, but I'm surprised no one is talking about the impact on student housing.
5 May 2020 | 14 replies
Now, you can charge more, but it will impact investors returns.
13 April 2020 | 0 replies
Attom Data Solutions came out with a report concluding housing markets most at risk from covid-19 impact were clustered in the North East and Florida.
13 April 2020 | 2 replies
I will try to be as clear and concise as possible in explaining my situation and perceived options, as well as my personal knowledge about SARS-COV2 and how it may impact our society and real estate markets.Current Status: I left San Francisco in early March the night before shelter in place was announced, to ride out the virus back in Minnesota with my family, I also have two properties here in MN (a single family home and a 4 plex** Info below).
21 May 2020 | 2 replies
April data will be interesting to see:#NEFAR March Real Estate Overview: Prices and Sales Still Strong Despite COVID-19~ 2,672 home sales, up 2.1% from a year ago and the most sales since December's 2,746~ average sales price $287,210, up 6.7% from a year ago~ $243,635 median sales price, up 5.9% from a year ago~ 70 days on market until sale average (71 days a year ago)~ 8,375 in inventory, nearly 15% less than a year ago~ 3.1 months of inventory, was 3.9 months in March 2019~ 14.2% of sales were for more than original listing price2020 NEFAR President Ron Harris said, “COVID-19s impact on real estate sales in Northeast Florida in March was negligible.
28 April 2020 | 18 replies
My best guess is that the most significant impacts will be with more expensive homes, ie) +$500k in the prairies, +$1.5m in Ontario/BC.
16 April 2020 | 8 replies
From the data I see every day it looks like CV will have very little impact on residential housing: low inventory, high demand, multiple offers - unchanged to this day.Why did Chase do that?