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11 June 2024 | 46 replies
The general trajectory has been upward to nearly $1,000/sq ft, with some brief pullbacks along the way.Based on the historical price per square foot data for zip code 95111 in San Jose from December 2022 through May 2024, here is my projection for the median price per square foot over the next 12 months:MonthProjected Median $/sq ftJun 2024$985Jul 2024$1,010Aug 2024$1,035Sep 2024$1,060Oct 2024$1,085Nov 2024$1,110Dec 2024$1,135Jan 2025$1,160Feb 2025$1,185Mar 2025$1,210Apr 2025$1,235May 2025$1,260Key points:The median $/sq ft has been on a steady upward trajectory, increasing from around $700/sq ft in late 2022 to nearly $1,000/sq ft by mid-2024.Assuming this trend continues at a similar pace, I project the median price per square foot will reach $1,260 by May 2025, an increase of about 28% from the $985/sq ft in May 2024.
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6 June 2024 | 8 replies
However, do note that Chattanooga is growing at a slower pace than Huntsville is—a trend that’s unlikely to change anytime soon.
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6 June 2024 | 8 replies
We may do something like this in the future so that we don't have to deal with the chaos of getting a new one when these items wear out...usually right in the middle of a guest stay. :-)Hope that helps.Mike
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6 June 2024 | 5 replies
Most of us are not fans of this middle.
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5 June 2024 | 2 replies
Also, Wealth Without Cash by Pace Morby is amazing, if you are interested in Creative Finance.
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5 June 2024 | 10 replies
A big part of this was the belief that there simply wasn't any way out of the situation I was in except maybe a very narrow educational out to the middle class.The first rule of life for me was to HAVE RICH PARENTS.
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6 June 2024 | 11 replies
Less competition and honestly I stay in middle class to lower middle class properties.
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5 June 2024 | 27 replies
You have to have your own plan and pace to move forward.
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6 June 2024 | 7 replies
Your numbers are pretty detailed, but I think it really depends on your goals.Anything other than a 5-star review will kill you slowly on Airbnb so I would just be worried that you are trying to hid the middle, but that will be a lot harder if there are nice ones and other reasonably priced lodging near you.
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7 June 2024 | 24 replies
You see...that is a great industry in either making none or a ton...there is little middle class.