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22 May 2024 | 6 replies
When it comes to rehabs, I’ve seen in the forums a good rough estimate is $20-$100/sqft, dependent supply the severity of the rehab.
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22 May 2024 | 0 replies
This increase in dollar volume underscores the robust demand and high value of Miami real estate.List Price Success: Sellers received 97% of their original list prices on average, maintaining a steady rate from last year.Speed of Sales: Homes moved faster, with a median time to contract of just 28 days (a 6.7% reduction) and a median time to sales of 70 days (a 1.4% decrease).Inventory Levels: Active inventory rose by 27.3% to 3,864 homes, and the months’ supply of inventory increased by 33.3% to 4.4 months.
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22 May 2024 | 0 replies
With a 4.4-month supply of inventory (up 41.9%), the market is becoming more balanced, offering a healthier dynamic for both buyers and sellers.
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22 May 2024 | 1 reply
https://www.har.com/content/department/newsroomHouston Real Estate Highlights in March, 2024:-Single-family home sales declined 7.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 62 to 55 days;-Total property sales were down 7.0 percent with 8,939 units sold;-Total dollar volume fell 5.6 percent to $3.5 billion;-The single-family median price rose 1.6 percent to $330,000;-The single-family average price rose 1.3 percent to $412,464; -Single-family home months of inventory registered a 3.5-months supply, up from 2.6 months a year earlier;-Townhome/condominium sales continued to decline, falling 6.7 percent, with the median price up 5.1 percent to $235,000 and the average price up 2.2 percent to $276,262.
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22 May 2024 | 27 replies
Renate (Petronella) Kerssens @Petronella Kerssens the biggest thing I would be looking at is the supply levels for each market.
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21 May 2024 | 0 replies
With inflation and unstable supply and demand makes it hard to keep stable.
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21 May 2024 | 33 replies
Could the water supply be adversely affected, a fire started, or a building be rendered unsafe?
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22 May 2024 | 1 reply
I also believe that we can utilize technological tools such as data analytics platforms and market research databases to track key metrics, market supply and demand, rental rates, and occupancy trends.
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21 May 2024 | 1 reply
I have good news about the supply of homes for sale in the three county area around sacramento county.
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21 May 2024 | 8 replies
I left the industry to pursue a career in wholesale electrical sales and am now a project manager at Summit Electric Supply.