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7 November 2024 | 30 replies
Things happen and with constant economic changes somethings are out of ones control.Price reduction is definitely the first option.
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6 November 2024 | 8 replies
Why would you expect a price reduction when there is no impact to value from having a lease or not?
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6 November 2024 | 12 replies
Hello, I'm with Lennar in San Antonio and James is Correct, I have Homes available now to investors with incentives and price reductions all over San Antonio, New Braunfels and Seguin!!
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1 November 2024 | 5 replies
I would be coming in through an LLC, so feel comfortable with liability protection as it relates to other assets, but still, will be on title, so there is exposure.As a real estate guy I'm still in growth mode and am having a hard time swallowing the dst pill.
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1 November 2024 | 19 replies
Do we just ask for a gigantic reduction in price to cover everything?
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6 November 2024 | 13 replies
Good luck I will say that it is a tough pill to swallow principal wise.
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9 November 2024 | 87 replies
Come January there is no hiding things, holiday spending will declare the standing of things, and while not impossible to do, I find it hard to see how they could spin a huge reduction in holiday spending as "economy is a-ok".
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31 October 2024 | 0 replies
Total Active Listings: 2,349 (up 17% over last year)Total Pending Listings in the Last 7 Days: 248 (1% down from last year)Total Sold Listings in the Last 7 Days: 139 (1% down from last year)Average Days on Market: 40 (vs 36 last year)Average Sales Price: $359,167 (vs $335,323 last year)Number of Price Reductions in the Last 7 Days: 688 (vs 606 last year)Sales to List Price Ratio: 97.6 (vs 98.83 last year)Number of Expired Listings in the Last 7 Days: 152 (exactly the same as this time last year)Number of Agents: 8,518 (150 less than last year)Interest Rates: About 7% (vs 7.875% this time last year)Key takeaways: We're seeing more active listings and price reductions but less pending sales, resulting in a shift from a seller's market to a balanced market.
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31 October 2024 | 17 replies
Not only did we receive significant tax reductions, but the mere act of challenging the assessment locks the valuation in for three years.I'm PMing you with the contact information for the company that helped us in Atlanta!
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31 October 2024 | 2 replies
Another example of this is the reduction in new construction starts for residential over the past 1-2 years.