If there are any NY market stats/comparisons, you'd like to see in the future, post a reply or shoot me a PM.Below is a quick Q3 comparison between this year and '23 for Suffolk County:Summary:- Single Family values continue climbing- Multifamily Properties are selling faster than last year - Market activity (sold properties) has remained steadyMultifamily sale prices have (slightly) dropped despite sales activity remaining similar to Q3 last year.

https://www.har.com/content/department/mlsHouston Real Estate Highlights in September, 2024:
-Single-family home sales increased 1.7 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 t...

Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.

This is a sign that buyer demand for Austin area housing, though lower than previous years, is still very healthy.Here are the full stats for Austin and the greater metro:Here’s a chart showing the monthly median sales price of a single-family home in the City of Austin in 2024:The median sales price for a single-family home in September 2024 was up roughly 11% from the beginning of the year.

There are other considerations that may still make it impossible to permit the construction of the building even  if the by-right use permit is obtained and its important to have an architect closely examine how the proposed floor plans will layout to confirm egress &  bedroom windows + localized zoning overlays along with a  number of other factors.

The same will hold true in any market you examine I am just using my own market to drive home this point. 

My thoughts on turnkeys is simple: get your head examined.

This is neighborhoodscout stats- since 2000: 287.98% or 5.75% annually which is 10/10 nationally- for last 10 years: 125.30% or 8.46% annually which is 9/10 annuallynot bad but not that impressive until you factor in leverage.

Of course the listed price may not be the actual rented price, but by tracking several listings for a while you can gain a better understanding of the market.For assessing demand, go to FurnishedFinder.com/stats and you can see demand data for a given city.

Just one stat, but: 2023 Apartment Construction Times.