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18 November 2024 | 0 replies
The median sale price increased month over month breaking the trend of decreasing median sale price the past two months.The rental market continued to moderate in Q3 2024 thanks in part to the increase in units being built. 1,815 units were completed in the year ending with Q3 2024 with 1,447 expected to be completed in the next four quarters.These new units brought online in the past year increased the overall inventory by 3.4%, however by Q3 2025 we anticipate demand to outpace supply by over 550 units.With this increase in units over the past year we have seen the occupancy rate moderate at 95.8%, down from the high of 98.9% in 2022.
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20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.
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19 November 2024 | 6 replies
I have enough demand in my area that as soon as one opens up, I'm able to fill it.
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18 November 2024 | 17 replies
@Blaine Alger Do you feel like now with WFH, there is more demand from people that might normally work in Austin or Dallas that want to live in Waco for better pricing and smaller city feel?
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18 November 2024 | 11 replies
Not sure if this is the case in your market but once we get into the fall time frame in my market the demand drops off significantly.
19 November 2024 | 28 replies
Just make sure to do thorough research and fully update yourself on the changes in the local market to ensure strong rental demand and solid market data.Diversifying your investments by owning multiple properties spreads the risk and helps maintain cash flow.
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16 November 2024 | 6 replies
You are also selling your own investment ("should support stable tenant demand"), but what is that based on?
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18 November 2024 | 12 replies
Will you need to upgrade the units to keep up with market demand and market rent?
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15 November 2024 | 2 replies
Demand.
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14 November 2024 | 15 replies
A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand. what area of columbus do you recommend?