It then rebounded dramatically in June and July, as consumers rushed out to buy suburban homes, seeking more space for working and schooling from home.Builders now say they continue to see a steady stream of buyers, due in large part to the extreme shortage of existing homes for sale.

Finally, on Friday (5/21), the National Association of Realtors will release its “Existing Home Sales.”Weekly Changes:10-year Treasuries: Rose 005 bpsDow Jones: Fell 500 pointsNASDAQ: Fell 350 pointsCalendar:Monday, 5/17: NAHB HousingTuesday, 5/18: Housing StartsFriday, 5/21: Existing Home Sales

Almost like it no longer exists. 

I know that there are major regional variations in costs (especially land), and building materials (and labor) are much more expensive than they've historically been, but I'm starting to think that a new build might come out more favorable than an existing structure even so, given that the prices on existing places is so high.I'd like to build a standard class-B property with 4 large-ish units (1200sf) within commuting distance to downtown Phoenix.  

Investment Info:

Large multi-family (5+ units) commercial investment investment in Waynesboro.

Purchase price: $775,000

Cash invested: $775,000

Vast property on Blue Ridge Summit, less than a mile to...

No prepayment penalty..As far as future loans, the existing loan's payment will be part of your dti calc's.

AML and UBO requirements exist for buyers and sellers, not just banks and title companies.IN TEXAS:  The transaction should have been papered by a lawyer. 

Originally posted by @Mark Brogan:@Jay Hinrichs, funny that you mention cities don’t like parks because of the ghettos and trash with the way people live, every city I hv ever visited people live like pigs not to mention living in tents on the streets, maybe they should consider embracing mobile home parks instead of hating on them, they are the last affordable housing in this country ON the west coast this is starting to happen i bought a park in Eugene Oregon and that is exactly what the planner told me.. they would not approve new ones but they considered existing affordable housing but they WANTED THEM CLEANED UP..  

But doesn't hurt to get sold comps first before committing to anything with the tenant either.

Are there existing networking events that you're plugged into and enjoy?