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12 November 2021 | 1 reply
Hi @Dan WynnReal Estate is universal in that everybody needs housing.There is nothing easy about it since we are dealing with people.Its about problem solving and adding valueMany households own another house or property but those with hundreds or thousands of units are few in comparison to the entire populationIts diligence, patience, integrity, kindness, humility etc
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9 December 2021 | 3 replies
Full disclosure on this answer, I work for a direct mail company.Pricewise, your best per-household cost is going to be through Valassis, Mspark, or Mailbox Merchant.
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9 December 2021 | 1 reply
-Townhome/condominium sales rose 16.8 percent with the average price up 16.0 percent to $258,970 and the median price up 10.5 percent to $210,000;-Single-family home rentals rose 7.1 percent with the average rent up 8.5 percent to $2,042; -Townhome/condominium leases increased 5.1 percent with the average rent up 3.8 percent to $1,737.
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11 December 2021 | 6 replies
Many have two or three generations in one household, pets, home businesses or multiple odd side gigs and second jobs—many have little to no credit because they use cash, have not been in the us long, or are undocumented.
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9 December 2021 | 0 replies
Houston Real Estate Highlights in NovemberSingle-family home sales rebounded from a slight decline in October, rising 3.9 percent with 8,320 units sold versus 8,010 in October 2020;Days on Market (DOM) for single-family homes dropped from 46 to 35;Total property sales rose 5.6 percent with 10,216 units sold;Total dollar volume increased 20.6 percent to $3.7 billion;The single-family average price rose 12.6 percent to $383,807; The single-family median price increased 16.3 percent to $314,000 – an all-time high first reached in June of 2021; Single-family home months of inventory registered a 1.6-months supply, down from 2.1 months year-over-year and below the national inventory of 2.4 months;On a year-to-date basis, single-family homes sales are 12.0 percent ahead of 2020’s record pace and 22.2 percent ahead of 2019.Townhome/condominium sales rose 16.8 percent with the average price up 16.0 percent to $258,970 and the median price up 10.5 percent to $210,000;Single-family home rentals rose 7.1 percent with the average rent up 8.5 percent to $2,042; Townhome/condominium leases increased 5.1 percent with the average rent up 3.8 percent to $1,737.Source HAR
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14 January 2022 | 13 replies
Usually low inflation is good for stability but wages never keep pace with higher inflation and costs are rising quickly, e.g. gas and food, so, with household income remaining steady, late payments will rise, putting notes in jeopardy.In these times, cash and junk silver are safe, all else are speculative, including gold and real estate.
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17 December 2021 | 5 replies
Our household income is about $13k monthly after taxes and payroll deductions (health insurance, 401(k), etc.)My wife and I have never been particularly fiscally responsible, although we live a fairly simple life.
3 January 2022 | 5 replies
Households in Stratford, CT have a median annual income of $79,430, which is more than the median annual income of $65,712 across the entire United States.
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9 January 2022 | 3 replies
I live in this multi-family so I take care of the grass/lawn, snow removal in the winter, etc - however, I plan on moving out this year so I'm in the middle of deciding whether to hire someone to take care of the outside work or include it into the lease for the tenants.For the lease agreement, I used the old one the previous owners had and made small changes but there's nothing specific to snow removal, lawn care, or other general household maintenance (changing light bulbs, air filters, etc.)
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3 January 2022 | 3 replies
Household income, renter vs homeowner, etc… Feel free to reach out to ask which area investor friendly agents are recommending.